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Economy and Policy

Economy and Policy latest

DP World & Paypal to Collaborate on Cross-border Digital Trade Payments
October 3rd, 2025 - 08:55 GMT

DP World & Paypal to Collaborate on Cross-border Digital Trade Payments

DP World has signed a Memorandum of Understanding (MOU) with global commerce platform PayPal to collaborate on a first-of-its-kind digital payments initiative designed to simplify and speed-up cross-border trade. The agreement, which could see transactions executed in minutes rather than taking up to a week reflects DP World’s continued commitment to creating a secure and scalable marketplace for digital payments. DP World’s Digital Payments initiative will enable international merchants, shippers, exporters, importers, and marketplaces to complete cross-border payments with greater transparency, lower costs, and faster settlement times. Sultan Ahmed bin ...
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Turkey applied for EU membership in 1987, while accession talks began in 2005. (Shutterstock)
December 12th, 2018 - 06:49 GMT

Turkey Undeterred Towards Its EU Membership Goal

The case is the latest in a string of corruption cases brought by the Administrative Control Authority, the country's anti-corruption watchdog, against top state officials in recent months. (Shutterstock)
December 12th, 2018 - 06:40 GMT

Egypt's Former Head of Customs Accused of Bribery

Nearly half of the €72.5 million will be used to maintain stability through promoting local development, Pierre Amilhat from the EU’s Directorate-General of International Cooperation and Partnership told reporters. (Shutterstock)
December 11th, 2018 - 02:22 GMT

EU Dedicates $82.5 Million for Iraq's Reconstruction

According to Mohammad Hassan Adeli, former secretary general of the Gas Exporting Countries Forum, sanctions are one of the main reasons for Iran’s failure in its gas export policy. (Shutterstock)
December 11th, 2018 - 02:18 GMT

How Are the US Sanctions Affecting Iran's Gas Projects?

Only the judge overseeing the case will be present in the courtroom. (Wam)
December 11th, 2018 - 02:11 GMT

World’s First Digital Courtroom Finds Home in Abu Dhabi

The transfer was endorsed by Dr Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group CEO, and Liu Yijiang, chairman of China ZhenHua Oil. (Shutterstock)
December 11th, 2018 - 02:05 GMT

China Invests in ADNOC With 4 Percent Stake

The MENA region has had a chequered history of renewables adoption to date. (Shutterstock)
December 11th, 2018 - 01:53 GMT

MENA Has yet to Harness the Full Potential of Renewables

The timing of the decision, just few days before the 9th December PGCC Riyadh summit, seems to show the decision is somehow related to the current diplomatic rift between the two states (Shutterstock)
December 11th, 2018 - 01:42 GMT

Qatar's OPEC Withdrawal Hints at Increase of Iran’s Production Share

Price of Brent crude trades above $62 a barrel at start of week (Shutterstock)
December 11th, 2018 - 01:36 GMT

Brent Oil Recovers Following OPEC Oil Output Cut Announcement

The minister reiterated that the financial statements for the first half of 2018 confirm the strength of the economy and that the country has overcome the ‘blockade’ imposed by Saudi Arabia and its allies. (Shutterstock)
December 11th, 2018 - 01:20 GMT

Qatar Projects Its 2019 Budget to Be Surplus

Federal Tax Authority’s Board of Directors Discusses VAT Refund Scheme for Foreign Businesses
December 10th, 2018 - 11:12 GMT

Federal Tax Authority’s Board of Directors Discusses VAT Refund Scheme for Foreign Businesses

During the event
December 10th, 2018 - 07:59 GMT

Abu Dhabi Fund for Development Discusses Collaboration Opportunities With Pan-African Parliament Delegation

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