Global Wheat Prices Soar Amidst Strong Demand and Crop Forecast Declines

Factors Driving the Revival of Global Wheat Prices The global wheat market is experiencing a remarkable revival as wheat prices rebound from their lowest levels in 2021. This resurgence can be attributed to a combination of factors that are driving up demand and contributing to lower crop forecasts in major wheat-producing regions. Increased speculative demand … Read more

The UAE’s Pivotal Step Towards Sustainable Fisheries: Embracing the Agreement on Fisheries Subsidies

As the world grapples with overfishing and depleting fish stocks, a global effort is underway to protect our oceans. The Agreement on Fisheries Subsidies is a significant stride towards healthier oceans and sustainable fishing practices, with the United Arab Emirates (UAE) recently becoming the seventh member of the World Trade Organization (WTO) to formally accept … Read more

Dubai Customs on Track to Achieve D33 with 7 Million Transactions in Q1 2023

Dubai Customs has recorded a remarkable increase in customs transactions, reaching a record of 7 million transactions in the first quarter of 2023. This milestone is part of the Dubai Economic Agenda D33, an initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler … Read more

UAE’s Ambitious Plan to Double Re-Exports Set to Boost the Economy

The UAE Government’s National Agenda for Re-Export Development 2030 The United Arab Emirates (UAE) is making bold moves to double its re-exports, a plan expected to significantly boost the industry’s contribution to the country’s gross domestic product (GDP). The government’s National Agenda for Re-Export Development 2030 includes 24 initiatives and programs aimed at doubling re-exports … Read more