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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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Unemployed Tunisians sit at a phosphate production plant in Kef Eddour. (AFP)
November 21st, 2018 - 05:42 GMT

Tunisia Banks on Its Mining Sector to Revive Its Economy

The Iranian fleet is ranked 21st among national fleets, with over 700 vessels operating in the Caspian Sea, Persian Gulf and Gulf of Oman. (Shutterstock)
November 21st, 2018 - 05:29 GMT

Iran Accuses US of Breaching International Maritime Laws

Interestingly, Iran led the slump in demand for gold jewelry in the region with a 35% drop to 6.6 tonnes in the second quarter. (Shutterstock)
November 21st, 2018 - 05:25 GMT

Iran Turns to Gold to Stave off US Sanctions Effect on Economy

The UAE is among world's top 20 largest exporters of steel to the US, exporting around 0.29 million metric tonnes annually. (Shutterstock)
November 21st, 2018 - 05:19 GMT

Could the Dh 90 Billion Bilateral Trade Between US and UAE Help Write off Steel and Aluminum Tariffs?

Other designated entities include Iran-based Tadbir Kish Medical and Pharmaceutical Company and the Moscow-based Mir Business Bank. (Shutterstock)
November 21st, 2018 - 05:14 GMT

US Launches Sanctions on Iranian and Russian Oil Shippers to Syria

During the event
November 20th, 2018 - 11:25 GMT

Dubai Customs’ Smart Innovator Platform recognized by (GInI)

Mohammed Ali Rashid Lootah, CEO of CCCP
November 20th, 2018 - 10:33 GMT

‘Dubai Economy Accelerators’ Unveils Two Challenges to Boost Retail and Construction Sectors

The industry last year generated $25 million in cinema ticket sales, ACC estimates, and with earnings hard to come by, filmmakers tend to stick to popular genres such comedy and action. (Shutterstock)
November 20th, 2018 - 07:21 GMT

When Will Investors Realise the Financial Benefits of Investing in Arab Filmmakers?

The Bahraini delegation met with Vice Mayor of Shenzhen, Ai Xuefeng, and a number of local government officials and business leaders at the Bahrain – Shenzhen Business Forum and the China High-Tech Fair. (Shutterstock)
November 20th, 2018 - 07:16 GMT

Bahrain Joins China's Bandwagon With 8 Landmark MoUs

"[We have] decided that Germany should impose an entry ban on 18 Saudi citizens, who are presumed to be in connection with this deed, in the Schengen information system," Maas told reporters. (Shutterstock)
November 20th, 2018 - 07:02 GMT

Germany Applies Sanctions on 18 Saudis Over Khashoggi Murder

Urging that details of the murder of Saudi journalist must be revealed, Le Drian said the culprits should be unmasked. (Shutterstock)
November 20th, 2018 - 06:58 GMT

France Launches Sanctions on Saudi Arabia Over Khashoggi Murder

“We hope Europe will deliver on what it had promised. This is an internal issue of Europe and we still hope these three European countries will show their true power and find their rightful place,” Foreign Ministry spokesman Bahram Qassemi said at a press conference on Monday. (AFP/File)
November 20th, 2018 - 06:53 GMT

Iran Not Happy With Slow Progress of EU's SPV Implementation

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