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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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Mnuchin confirmed that he would not attend a Saudi investment conference on Tuesday. (Shutterstock)
October 23rd, 2018 - 05:33 GMT

US Will Not Consider Sanctions on Saudi Before End of Khashoggi Death Investigations

FTA Director General His Excellency Khalid Ali Al Bustani
October 22nd, 2018 - 11:28 GMT

Federal Tax Authority: Tourists Can Begin Reclaiming VAT as of November 18

The grant will contribute to improving the efficiency of data and transparency in the field of criminal justice by using accessible IT systems. (Shutterstock)
October 22nd, 2018 - 07:10 GMT

EU Offers €50 Million Grant to Jordan's Judicial Authority

Contractors engaged on the 2022 FIFA World Cup projects have agreed to reimburse more than QR52.5 million to thousands of workers who paid recruitment fees prior to moving to Qatar. (Shutterstock)
October 22nd, 2018 - 07:04 GMT

Qatar's World Cup 2022 Contractors Provide Workers With $14.4 Million to Pay off Recruitment Fees

Qatar reported a fiscal surplus of QR1.04 billion in the first quarter of 2018 after posting fiscal deficit of QR35 billion in 2017. (Shutterstock)
October 22nd, 2018 - 06:58 GMT

Qatar's Budget to See Surplus in 2018, 2019

Iran, Russia, India Alliance to Forge Strong Economic Ties Ahead of US Sanctions. (Shutterstock)
October 22nd, 2018 - 06:46 GMT

Iran, Russia, India Alliance to Forge Strong Economic Ties Ahead of US Sanctions

The fishermen were shocked when they were prevented from fishing in the Kuwaiti waters which was helping them in covering their expenses. (Shutterstock)
October 22nd, 2018 - 06:41 GMT

Ban on Shrimp Fishing in Kuwait Forces 70 Percent of Egyptians to Leave Country for Good

The statistics show that 1,038 properties were purchased by GCC nationals in August 2018. (Shutterstock)
October 22nd, 2018 - 06:31 GMT

This Country Is the Preferred Choice for GCC Citizens Property Investments, and Its Neither Dubai nor Lebanon

The Saudi index closed up 0.2 percent on Sunday after falling as much as 3.5 percent earlier in the session. (AFP)
October 22nd, 2018 - 06:25 GMT

Foreigners Sell $1.1 Billion of Saudi Stocks as Khashoggi Death Spooks Investors

So far $8 billion has reached Egyptian coffers. (Shutterstock)
October 22nd, 2018 - 06:05 GMT

Egypt's Economy Is Improving, but IMF Obligations Remain

“Lebanon has a lot of assets. It has properties. It owns all its public facilities and should expect big incomes estimated at more than $300 billion from oil and gas. (Shutterstock)
October 22nd, 2018 - 05:59 GMT

Private Sector Could Save Lebanon's Economy, but Politics Should Pitch In

During the signing ceremony
October 21st, 2018 - 12:01 GMT

DED Forms Partnership With BooleanLAb to Strengthen Market Supervision and Inspection

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