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Commerce and industry timeline
c. 3000 BC
The earliest known currency, consisting of gold bars, is in use in Egypt and Mespotamia
c. 2500 BC
Trade lnks, probably by sea in Phoenician ships from Byblos, are established between Egypt and Phoenicia
c. 2400 BC
Clay tablets discovered at Ebla reveal a busy trading economy reinforced by aggressive military policies
c. 1750 BC
Priests in Babylon make loans from the temple treasure, introducing the concept of banking
c. 1000 BC
Petra acquires importance and wealth from its position on caravan routes from the Red Sea to the Mediterranean
c. 1000 BC
The abacus is used as an everyday method of calculation by Phoenicians and Babylonians
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