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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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It is designed to form the cornerstone of the Duqm Special Economic Zone, Oman's next industrial center. (Shutterstock)
December 6th, 2018 - 10:41 GMT

Oman’s Duqm Refinery to Receive $ 4.6 Billion in Loan Agreements

Qatar has emerged as the best performing stock market this year with a rise of more than 24 percent till date. (AFP)
December 6th, 2018 - 10:33 GMT

Despite Blockade, Qatari Stocks to Attract $5 Billion in Foreign Funds

The two neighboring states hold longstanding economic ties, through joint industrial projects, and trades of goods. (Shutterstock)
December 6th, 2018 - 10:25 GMT

Iraq Eager to Strengthen Ties With Iran

The projects aim to improve local government services and the quality of life of local residents. (Shutterstock)
December 6th, 2018 - 09:33 GMT

Abu Dhabi to Revitalise Al Dhafra Region With $1.1 Billion Infrastructure Development Projects

This fund will last for three years and benefit around 20,000 students. (Shutterstock)
December 6th, 2018 - 08:59 GMT

Al Ghurair Launches $27 Million Education Fund for Refugees

Saudi Arabia’s major cities and business hubs continue to suffer from a lack of the high-quality grade A stock most sought-after by private and public companies. (Shutterstock)
December 6th, 2018 - 07:25 GMT

Saudi Arabia’s Office Rents Still Dragging Behind

There has been some global resistance to cuts in OPEC oil production, with US President Donald Trump pushing Saudi Arabia to pump more oil to keep fuel prices low for Americans. (Shutterstock)
December 6th, 2018 - 03:58 GMT

Will OPEC+ Countries Cut Their Oil Output?

"Examining the reasons for Qatar’s exit from OPEC is a necessity,” Zanganeh said, adding that “OPEC has big problems from some oil producers which Qatar is not a part of.” (Shutterstock)
December 6th, 2018 - 03:46 GMT

Iran Wants to Dig Deeper Into Qatar's OPEC Exit

During the UAE's New Arbitration Law workshop.
December 5th, 2018 - 01:02 GMT

Dubai Chamber Workshop Provides Clarity on UAE’s New Arbitration Law

Mohammed Ali Rashid Lootah, CEO of CCCP
December 5th, 2018 - 12:56 GMT

DED Fines 5 Shops for Price Manipulation During November Super Sale

Bitcoin surged to a record $19,511 in December 2017; now it’s nosedived around 82%. (Shutterstock)
December 5th, 2018 - 10:05 GMT

Is Bitcoin Facing a Boom-And-Bust Phenomenon?

The World Cup deals between Britain and Qatar are part of a rise in trade between the two countries which totalled £3.39bn in 2017, an increase of 70% over the last five years. (Shutterstock)
December 5th, 2018 - 09:54 GMT

UK Firms Bag £1.5 Billion Deals From Qatar for World Cup 2022

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