Search Results: commodities (81)
The Dubai Diamond Exchange: Diamond trade up by 24.7% year on year in the first half of 2022.
Afriguild aims to provide opportunities across Africa through gaming, education and community building.
Abu Dhabi’s non-oil foreign trade grows by 12%, with Saudi Arabia, Switzerland and the US as the emirate’s top trading partners.
The Nigerian United Bank for Africa Group opens a branch at DIFC to attract business from across the Middle East.
Dubai has ranked fifth among leading global ports in the ISCD Index thanks to investment in infrastructure and business diversification.
EU wheat is being purchased by African and Middle Eastern states as exports from Ukraine continue to be disrupted by war amid food security concerns.
The UAE ranked as the second most important international commodity hub, while South Africa and Nigeria ranked ninth and tenth respectively.
The ITFC has begun dispersing a USD 3 billion credit extension to Egypt to address the rising costs of food and energy imports.
The Saudi Arabia-based International Islamic Trade Finance Corporation (IFTC) has raised Egypt’s credit rating to USD 6 billion to address rising costs of wheat.
The UAE’s non-oil foreign trade reached record levels of USD 136 billion in the first quarter of 2022, according to WAM, the UAE’s official news agency. The news comes as the UAE increasingly attempts to move away from its dependency on hydrocarbons.