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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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There are expectations in Egypt that the Red Sea will be the next major exploration frontier. (Shutterstock)
November 5th, 2018 - 08:12 GMT

After Tourism, Egypt to Exploit the Red Sea for Hydrocarbons

The FTA between Jordan and Turkey will be officially terminated on November 22. (Shutterstock)
November 5th, 2018 - 07:55 GMT

Jordan to Impose Tariffs on Turkish Goods

The recent economic data and key business surveys suggest that the global economy has already begun to lose momentum. (Shutterstock)
November 5th, 2018 - 07:47 GMT

IMF Holds a Grim Outlook on Global Economic Growth

India’s oil imports will be reduced, but will still rank up more than a million barrels per month. (Shutterstock)
November 5th, 2018 - 07:40 GMT

Asia, Not the EU, Might Be Iran's Hope to Whither the US Sanctions Storm

Hezbollah’s deputy head Sheikh Naim Qassem. (TDS)
November 5th, 2018 - 07:26 GMT

How the Iran Sanctions Are Threatening the Lebanese Government Formation

During the event
November 4th, 2018 - 10:46 GMT

Dubai Customs Organizes Workshop on Blockchain Technology in Customs Business

Global demand for gold rose slightly in the third quarter compared to the same period a year ago as resurgent buying from central banks and retail consumers balanced huge outflows from exchange traded funds, the WGC report said. (Shutterstock)
November 4th, 2018 - 03:43 GMT

Will VAT Refund Increase Gold Demand in UAE?

The rankings are determined by sorting the aggregate scores on 10 topics, each consisting of several indicators, giving equal weight to each topic. (Shutterstock)
November 4th, 2018 - 03:29 GMT

UAE Secures 11th Spot on World Bank’s Doing Business Rankings

The first overseas Qatar Visa Centre (QVC) was opened in Colombo, Sri Lanka, on October 11 as part of Qatar’s efforts to facilitate and streamline procedures for bringing expatriates to work. (Shutterstock)
November 4th, 2018 - 03:19 GMT

Qatar Negates The Guardian Report on Lack of Labour Reforms

"The imposition of such measures is contrary to international obligations to respect and promote human rights. Such measures should be condemned and rejected by the international community." (Shutterstock)
November 4th, 2018 - 03:10 GMT

Qatar Sheds Light on Human Rights Violations by Siege Countries

Egypt has imposed harsh austerity measures to try to right the economy and reduce the budget deficit. (Shutterstock)
November 4th, 2018 - 02:55 GMT

Egypt Strikes Right Chord With IMF on Next $2 Billion Loan Payment

Bloomberg reported on Friday that South Korea and Japan had received waivers along with India, which relies heavily on Iranian supplies. (Shutterstock)
November 4th, 2018 - 02:49 GMT

South Korea, Japan, Amongst 8 Countries That US Granted Iran Sanctions Waivers

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