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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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The World Bank has also warned that Lebanon could lose loans if a prolonged political deadlock means they are not used. (Shutterstock)
December 10th, 2018 - 03:52 GMT

Lebanon Might Lose International Aid as No Cabinet Is in Sight

Currently 25% of trades between the two countries are being conducted by national currencies and this trend will continue. (Shutterstock)
December 10th, 2018 - 03:46 GMT

Iran, Russia Trading With National Currencies Targets US Sanctions

Companies with unclear Omanization policies will be given a yellow signal, while companies that fall short of meeting their quotas will receive a red signal, barring them from moving forward with hiring expat employees. (Shutterstock)
December 10th, 2018 - 03:39 GMT

Oman Tightens Omanisation Procedures With This New Expats Hiring Law

Iranian President saluted Turkish President Recep Tayyip Erdogan for his stance against the U.S. sanctions and constructive manner regarding the issues in the Islamic community. (Shutterstock)
December 10th, 2018 - 03:15 GMT

Iran Eager to Expedite Energy and Financial Agreements With Turkey

Ahead of the game. A 2017 file picture shows people taking a picture with the world’s first operational police robot near the Burj Khalifa in Dubai. (AFP)
December 10th, 2018 - 03:10 GMT

UAE Wants to Embrace AI, but Still Treads Carefully

The likely projects include the $7.6 billion, 1,814km Turkmenistan-Afghanistan-Pakistan-India transnational gas pipeline (TAPI). (Shutterstock)
December 10th, 2018 - 02:56 GMT

Will Saudi Tap Into the $10 Billion Investment Opportunity in Turkmenistan?

During the event
December 9th, 2018 - 10:55 GMT

Department of Economic Development – Ajman Wins ‘Golden Star Award’ for ‘Customer Happiness’

Inspection officers at the airport are very welcoming and helpful to passengers, and this is no strange to Emiratis, who always embrace the values of tolerance, giving and respect to others.
December 9th, 2018 - 07:11 GMT

Director of Dubai Customs Inspects Facilities at Dubai Airport

The step reflects the country's future approach aimed at achieving "full empowerment" of Emirati women and stresses their pioneering and effective role in all vital sectors of the UAE. (Shutterstock)
December 9th, 2018 - 04:12 GMT

UAE's FNC to Reach Equal Gender Members Representation

The agreement would help reduce water losses and provide citizens with more water, adding that the first phase of the project, worth 35 million euros, will focus on improving infrastructure in Irbid and Ramtha. (Shutterstock)
December 9th, 2018 - 03:49 GMT

Jordan Enters Into EU Agreements Worth of 100 Million Euros to Improve Water Infrastructure

The five Sahel states are Mauritania, Burkina Faso, Chad, Mali and Niger. (Shutterstock)
December 9th, 2018 - 03:43 GMT

Saudi Donates €100 Million to Support Sahel Countries, EU Pledges €2.4 Billion

Property prices in Dubai slid by 7.4 percent from a year earlier in the third quarter, accelerating from a 5.8 percent decline in the previous quarter, the UAE central bank said in a report on Tuesday. (Shutterstock)
December 9th, 2018 - 03:37 GMT

Dubai Stock Market Hits Lowest Mark Since Five Years

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