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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 two earth-observation satellites were developed by the King Abdulaziz City for Science and Technology. (SPA)
December 9th, 2018 - 03:32 GMT

Saudi Continues Its Space Expeditions With Two More Satellite Launches From China

General government cultural spending reached 28.3 billion Turkish liras ($7.8 billion) last year, up 26.1 percent on a yearly basis. (Shutterstock)
December 9th, 2018 - 03:28 GMT

Turkey Is Banking on Its Soft Power With 19.4-Percent Rise in Cultural Spending

OPEC said the global economic growth outlook for 2019 is slightly lower than for 2018, and could potentially have ramifications for global oil demand next year. (Shutterstock)
December 9th, 2018 - 03:19 GMT

OPEC, Non-OPEC to Slash Oil Output by 1.2 Million Barrels

The project plans to expand the output of the Bled El-Hadba phosphate mine in the eastern region of Tebessa from 1 million tonnes annually to 10 million tonnes. (Shutterstock)
December 9th, 2018 - 03:14 GMT

Algeria Partners With China to Build $6 Billion Phosphate Plant

In 2018, Egyptian companies invested about $ 876 million in projects in COMESA states. (Shutterstock)
December 9th, 2018 - 03:10 GMT

Report: Egyptian Companies Ranked Most Active in the COMESA With $4.4 Billion Investments

One-year bills worth about $1.15 billion are due to mature on the same day. The average yield on those bills was 3.495 percent. (Shutterstock)
December 9th, 2018 - 03:05 GMT

Egypt Confirms $1 Billion One-Year Dollar T-Bills Auction on Monday

n the handicraft sector, losses are estimated at 3 million 650 thousand dinars, according to a report from the National Tourist Office presented at a meeting of the Regional Tourism Council at the headquarters of the governorate on Friday. (AFP)
December 9th, 2018 - 03:01 GMT

Nabeul Floods Cost Tunisia 13 Million Dinars

The third edition of the France-Arab Countries Forum aims to foster the economic relations between France and all Arab countries. (Shutterstock)
December 9th, 2018 - 02:55 GMT

Tunisia Stresses on Franco-Arab Co-Operation in Industrial Sector

During the event
December 6th, 2018 - 12:48 GMT

DED and ASQ Honour Winners of MEA Quality Professionals and Innovation Awards 2018

The UAE, which is ranked 19th at the global level, also retains its second place globally on the economy index. (TA)
December 6th, 2018 - 11:13 GMT

UAE Leads Arab Nations in Global Knowledge Index

There are fears that VAT will have negative implications for businesses and individuals in Bahrain. (Shutterstock)
December 6th, 2018 - 11:02 GMT

Grasping the Essentials From VAT Implementation in Bahrain

Khashoggi, a Saudi journalist and columnist for The Washington Post, went missing after entering the consulate. (AFP)
December 6th, 2018 - 10:48 GMT

Sean Penn Begins Work on Khashoggi Murder Documentary

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