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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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How to Keep Your Children’s UAE Visa Valid While Working Abroad. (Shutterstock)
December 3rd, 2018 - 06:39 GMT

How to Keep Your Children’s UAE Visa Valid While Working Abroad

more than 1,686,891 illegal expatriates were arrested for violating residency laws. (Shutterstock)
December 2nd, 2018 - 09:33 GMT

Saudi Deports 564,800 Illegal Expats in One Year

Remittances in Oman have dropped this year, as numbers of expats in the country continue to decline. (Shutterstock)
December 2nd, 2018 - 09:20 GMT

With Expats Leaving, Remittances in Oman Are Taking a Plunge

It would be difficult for Iraq to substantially diminish its economic links to Iran. (Shutterstock)
December 2nd, 2018 - 08:52 GMT

How Are the US-Iraq Relations Faring Amidst Iran Sanctions?

The UAE passport holder can travel to 167 countries without the need for pre-visa requirements. (Shutterstock)
December 2nd, 2018 - 08:39 GMT

The UAE Now Has the Most Powerful Passport in the World

People in the MENA region don’t have to look far to see examples of this phenomenon. (Shutterstock)
December 2nd, 2018 - 08:28 GMT

Opinion: How to Prepare MENA Region for 300 Million Jobs by 2050?

Iran said Friday the European Union must be given more time to set up a trade mechanism meant to circumvent reimposed US sanctions on Tehran. (Shutterstock)
December 2nd, 2018 - 07:22 GMT

Iran 'Can't Wait Forever' While Europe Struggles to Find a Host for Their SPV

The murder of Jamal Khashoggi is abhorrent and represents an unconscionable attack on the freedom of expression of all individuals. (AFP)
December 2nd, 2018 - 07:14 GMT

Canada Announces Sanctions on 17 Saudis Linked to Khashoggi Murder

Department of Economic Development
December 2nd, 2018 - 07:04 GMT

DED Urges Business Owners to Benefit From ‘Auto Renewal’ Service

Les Male, CEO of DGCX, accepts ‘Exchange of the Year’ award on behalf of DGCX at Global Investor MENA Awards 2018
December 2nd, 2018 - 06:39 GMT

DGCX Wins ‘Exchange of the Year’ Accolade at Global Investor MENA Awards 2018

The UAE government further developed purposeful plans to monitor future changes in the country's economy and the infrastructure dynamics through adopting the "UAE’s Annual Economic Outlook Report" initiative. (Shutterstock)
November 29th, 2018 - 05:08 GMT

UAE Makes Huge Strides for Attracting Business With 6 New Initiatives

Coming into force by December 1st, the two resolutions are part of the Abu Dhabi Government Accelerators Programme ‘Ghadan 21’ which is aimed to enhance the competitiveness of Abu Dhabi in business, investment, society, knowledge innovation, and lifestyle. (Shutterstock)
November 29th, 2018 - 05:02 GMT

Abu Dhabi Announces Two-Year Fee Exemption for New Licenses

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