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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 center has also provided health and food aid to the Yemeni people. (SPA)
October 31st, 2018 - 09:24 GMT

Saudi's KSRelief Donates $1.9 Billion in International Aid

South Korea Joins Turkey in Seeking Iran Waiver Ahead of Sanctions. (Shutterstock)
October 31st, 2018 - 09:19 GMT

South Korea Joins Turkey in Seeking Iran Waiver Ahead of Sanctions

The delay has held up economic reforms that have been put off for years but are now seen as more pressing than ever. (Shutterstock)
October 31st, 2018 - 09:14 GMT

With Mounting Economic Pressure, Lebanon Might Succeed in Forming a Government

The Gulf's six oil-exporting countries originally agreed to introduce a five per cent value-added-tax (VAT) at the start of 2018. (Shutterstock)
October 31st, 2018 - 09:11 GMT

Kuwait Will Not Abandon Economic Reforms Despite Higher Oil Prices

Every expatriate worker moving from private to public sector must obtain approval of the Civil Service Commission based on relevant regulations. (Shutterstock)
October 31st, 2018 - 09:02 GMT

In Kuwait, New Rules to Be Announced for Transfer of Expat Workers Visa

Over the five-year period, employment potential in the SME sector is expected to touch 22 million from the current 17 million in GCC. (Shutterstock)
October 31st, 2018 - 08:56 GMT

SMEs in GCC to Hit $920 Billion in Five Years

The new law will reflect positively on advancing the UAE's rankings across global competitive indices. (Shutterstock)
October 31st, 2018 - 08:42 GMT

New FDI Law to Advance UAE's Rankings Across Global Competitive Indices

The emirate is introducing new efforts and initiatives to facilitate trade in halal economy sub-sectors. (Shutterstock)
October 31st, 2018 - 08:34 GMT

Dubai Nabs Top Position as Islamic Economy Hub

Through the decade, the Saudi government has funneled $354 million into 37 different schools across the U.S. (Shutterstock)
October 31st, 2018 - 08:17 GMT

US Schools Deliberating on Their Saudi Funding Post Khashoggi Murder

Saudi Arabia, Bahrain, Egypt and the United Arab Emirates severed political and economic ties with Qatar in June 2017, imposing an unjust siege. (Shutterstock)
October 31st, 2018 - 07:47 GMT

US Puts Pressure on Saudi Arabia to Cease Qatar Blockade, Yemen War

Arab Economic Integration Might Be Around the Corner
October 30th, 2018 - 09:17 GMT

Arab Economic Integration Might Be Around the Corner

The UAE ranks number one globally while Malaysia once again tops the Global Islamic Economy Indicator in the State of the Global Islamic Economy Report 2018-19. (Shutterstock)
October 30th, 2018 - 08:43 GMT

UAE Ranks First Globally In Islamic Economy

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