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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 UAE's leisure and entertainment market potential will reach 45 million visitors by 2021. (Shutterstock)
December 4th, 2018 - 07:24 GMT

Will Dubai's Entertainment Strategy Help Boost Its Economy?

The expo is a good opportunity to strengthen the relations between Qatar and Oman. (Shutterstock)
December 4th, 2018 - 07:12 GMT

Oman, Qatar Relations Strengthened by Blockade

During the event
December 3rd, 2018 - 09:04 GMT

Federal Tax Authority: Profit Margin Scheme Applies Only to Used Cars Already Subjected to Vat

The volume of Kuwaiti oil bound for Japan rose for the first time in two months, providing 7.4 percent of the Asian nation's total crude imports, compared with 6.1 percent in the same month of last year, the Japanese Natural Resources and Energy Agency said in a preliminary report. (Shutterstock)
December 3rd, 2018 - 07:39 GMT

Kuwait Ahead of Qatar as Japan’s ‘Third Biggest’ Oil Provider

A total 35 British companies already operate independently at the Qatar Financial Centre as the UK ranks as the eighth largest trade partner with Qatar, with goods traded worth a total USD 3 billion last year. (Shutterstock)
December 3rd, 2018 - 07:34 GMT

Qatar, UK to Build on Their $3 Billion Trade Ties Ahead of World Cup 2022

Whatever the commercial imperatives, Qatar would be helping Iran break out of its US-imposed isolation by intensifying airline connections. (Shutterstock)
December 3rd, 2018 - 07:29 GMT

Why Is Qatar Airways Extending More Destinations to Iran Despite US Sanctions?

The funds are paid when the exporting process is finished, and they range from eight to 12 per cent of the total value of the products concerned. (Shutterstock)
December 3rd, 2018 - 07:25 GMT

After a Two-Year Hiatus, Will Egypt Release Its Export Subsidies?

The timing of the government’s decision coincided with financial problems at the country’s sole oil refinery, La Samir, forcing it to cease operations in August 2015. (Shutterstock)
December 3rd, 2018 - 07:21 GMT

Deregulation of Oil Prices Is Putting the Moroccan Government in Hot Waters

The agreement between Russia and Saudi Arabia lead a group of oil producers known as OPEC+, which includes the members of the Organization of the Petroleum Exporting Countries (OPEC) and other large producers, most notably Russia. (Shutterstock)
December 3rd, 2018 - 07:16 GMT

Saudi, Russia Agreement to Extend Overseeing Oil Market Gives a Push for Prices

A number of foreign banks which used to write letters to Iran a few days ago saying it would be impossible for them to continue cooperation with Iran due to sanctions are now saying that they want to resume cooperation with Tehran in the face of US sanctions. (Shutterstock)
December 3rd, 2018 - 07:12 GMT

Will European Banks Ditch US Sanctions Altogether and Deal With Iran Directly?

Ghosn, ex-chairman of Nissan Motor Co., was detained last month on allegations of underreporting his income, and Friday, a Japanese court approved extending his detention for 10 more days. (File/Photo)
December 3rd, 2018 - 07:00 GMT

This Is Why Carlos Ghosn Will Always Be Lebanon's Phoenix

There is a stable outlook for Abu Dhabi’s economy, with growth set to “steadily recover” to hit 3 percent in 2021, according to an S&P Global Ratings report. (Shutterstock)
December 3rd, 2018 - 06:52 GMT

Abu Dhabi Economic Growth Stable, With Prospects of Improvement

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