According to DMCC’s figures, trade for rough and polished diamonds touched $37.4bn in 2022
This marks a year-on-year increase of 23 per cent, breaking the previous record set in 2021 when DMCC registered 2,485 new members
West Texas Intermediate futures traded near $76 a barrel and are up around 7 per cent this week
Oil has made a weak start to September, extending a run of three monthly losses
The FAO Food Price Index averaged 138.0 points in August, down 1.9 per cent from July although remaining 7.9 per cent above its value a year before
Brent crude surged as much as 18 per cent after opening on Monday
More than 8,347 new companies joined DMCC between 2018 to 2021, with 2,485 companies joining DMCC last year
Oil’s impressive first-half rally has lost momentum in July and August
Bullion is set to post the first monthly gain since July after a run of losses prompted by the development of effective coronavirus vaccines
Bullion has surged 16 per cent this year as the spread of the virus curbed economic growth
The region is doubling its mineral production with the aim of creating jobs and digging up new profits.
Islam could hold the key to turning around the Gulf’s dismal environmental record.
The richest place in the world, the region’s most peaceful country, and winner of the World Cup bid, the stars have never been more aligned for the tiny Gulf state.
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