Browsing: Trade

Saudi Stock Index (TASI) concluded January 2024 at 11,796.63 points, with the total value of traded shares reaching approximately SR 195.94B ($52.2B) through 11.87 million transactions, as reported in the monthly statistical release by the Saudi Tadawul.

Trade through the corridor connecting India with the Mena region and Turkey (Menat) is projected to increase by 50 per cent to $190B by 2030, driven by new investment opportunities, according to a report.

Gold prices declined during today’s trading, losing about $5 in spot trading, As of 10:52 UAE time, the yellow metal fell by 0.27 percent.

UAE and India are forging closer economic and political bonds, aiming to achieve a trade relationship of approximately $100B by 2027.

India’s Commerce and Textiles Minister, Piyush Goyal, has revealed plans to establish a showcase for Indian goods in the UAE, featuring a goods showroom and warehouses.

UAE stock markets concluded higher on the final trading day of 2023, as the Dubai index recorded a third consecutive yearly increase, driven by expectations of interest rate cuts in 2024.

DP World has revealed intentions to move its global headquarters to Expo City Dubai, marking a significant point in the company’s 50-year journey and its ongoing expansion of global supply chain solutions.

The value of Bitcoin surpassed £40,000 on Sunday, marking its highest point in 19 months. Ethereum also experienced an increase, exceeding $2,200, driven by growing anticipation of potential US interest rate reductions.

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MIE Events, in collaboration with Dhahran Expo, has announced the inaugural edition of CTW Saudi…