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Day: September 17, 2025

AI to Boost Trade by Nearly 40% by 2040: WTO

Sharjah: The 2025 edition of the World Trade Report has revealed that, with the right enabling policies, artificial intelligence (AI) could boost the value of cross-border flows of goods and services by nearly 40% by 2040 thanks to productivity gains …

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UAE Lowers Interest Rates by 25 Basis Points

Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, reducing it from 4.40% to 4.15%, effective from Thursday, 18 September. This move comes in response …

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