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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 recent decision of the International Court of Justice and its provisional measure against U.S. unilateral sanctions reaffirms the legitimacy of Iran’s position, and the illegality of these oppressive sanctions. (AFP)
November 4th, 2018 - 02:43 GMT

Rouhani Urges Europe to Collaborate With Iran to Counter U.S. One-Sided Actions

Shortly after the announcement, Trump tweeted what looks like a movie poster image of himself walking that takes creative inspiration from the TV series “Game of Thrones” to announce the reimposition of sanctions. (Shutterstock)
November 4th, 2018 - 02:35 GMT

Trump Restores Pre-Obama Iran Sanctions

During the celebrations
November 1st, 2018 - 10:09 GMT

Dubai Customs Celebrates Flag Day

Investcorp has invested more than GBP 250 million across its portfolio of UK and European real estate assets since June 2017. (Shutterstock)
November 1st, 2018 - 08:37 GMT

Investcorp Puts More Eggs in UK Basket With Industrial Units Acquisitions in Scotland

Bahrain’s Apm Terminals IPO to Raise Over $30 Million. (Shutterstock)
November 1st, 2018 - 08:31 GMT

Bahrain’s APM Terminals IPO to Raise Over $30 Million

Qatar has been praised for its rapid labour reforms. (Shutterstock)
November 1st, 2018 - 07:45 GMT

Qatar Fund Aims to Help Migrant Workers in Bid to Meet UN Obligations

“Unfortunately, often when that tax goes up the illicit trade will go up,” said LeMoult, speaking at the third Global Illicit Trade Forum in Abu Dhabi. (Shutterstock)
November 1st, 2018 - 03:30 GMT

Illicit Trade in GCC Rises as VAT and Taxation Increase

On Tuesday, the executive director of the International Energy Agency (IEA), Fatih Birol, warned that high oil prices hurt consumers and could harm producers. (Shutterstock)
November 1st, 2018 - 03:25 GMT

Oil Prices Rising Despite Output Increase and Iran Sanctions

The Algerian state-owned Sonatrach developed a strategic vision for 2030 to become one of the world's top five oil corporations, Guitouni pointed out. (Shutterstock)
November 1st, 2018 - 03:20 GMT

Algeria Taps Into Shale Gas Reserves, With Production Slated Within Five Years

The U.S. reimposed other non-oil sanctions in August, but next week's tranche is expected to have the greatest economic effect. (Shutterstock)
November 1st, 2018 - 03:14 GMT

US May Grant Waivers as Iran Sanctions Loom

As the U.S. financial system increasingly becomes an extension of Trump’s national-security policy, European policymakers have begun to lament the “tyranny” of the dollar. (Shutterstock)
November 1st, 2018 - 03:09 GMT

How Trump Is Using the Dollar to Reshape the Middle East

The award ceremony was part of the second day of the Global Islamic Economy Summit 2018.
October 31st, 2018 - 12:41 GMT

Al Mansoori Honours Global Islamic Business Award Winners

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