Abu dhabi: The UN Trade and Development (UNCTAD) said that the world still has a long way to go in breaking commodity dependence, a situation where a country makes more than 60% of its merchandise export earnings from commodities. It added that such goods can be broadly categorised into three categories: energy, mining, and agriculture, be it the wheat or coffee that we consume, or metals like copper and lithium that help power our daily lives. According to Emirates News Agency, entrenched reliance on these primary products hinders industrial development and threatens countries’ fiscal stability when global prices go volatile.

Dubai: The Dubai Free Zones Council (DFZC) announced the successful implementation of the One Freezone Passport, a groundbreaking initiative designed to enhance the ease of doing business across Dubai’s free zones. According to Emirates News Agency, the initiative provides businesses with seamless access to multiple free zones while maintaining a single license. This milestone underscores Dubai’s commitment to fostering an agile and investor-friendly business environment, aligning with the objectives of the Dubai Economic Agenda D33. Building on this momentum, Dubai World Trade Centre Authority (DWTCA), which operates Dubai World Trade Centre Free Zone (DWTC Free Zone), has welcomed the global