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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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Department of Economic Development
October 17th, 2018 - 10:58 GMT

DED to Strengthen Awareness of Services Offered by BRL to Businessmen at flydubai VIP Lounge

Dubai Startup Hub stand at GITEX Future Stars 2018.
October 17th, 2018 - 09:54 GMT

Dubai Startup Hub Leverages Gitex to Showcase Initiatives and Support UAE Startups

A number of Western businesses and media outlets are backing out of Saudi projects until Riyadh explains the disappearance of journalist Jamal Khashoggi. (AFP)
October 17th, 2018 - 07:22 GMT

Hollywood Is Having Second Thoughts on Saudi as Khashoggi Case Unravels

Oman Nano City Project is expected to be launched by 2023. (Shutterstock)
October 17th, 2018 - 07:09 GMT

Iran to Usher Oman Into Nanotechnology

Tarawneh said in a press statement that the Lower House welcomed an agreement reached with Syria to reopen the border post. (AFP)
October 17th, 2018 - 07:01 GMT

Syria, Jordan Border to Boost Economy and Trade

Gold bugs are now calling for a resistance test of $1,250. (Shutterstock)
October 17th, 2018 - 06:51 GMT

As Geopolitical Tensions Increase, Gold Reigns Supreme for Third Week

The LPG industry continues to enjoy sustainable growth in China where LPG is used for domestic use and the growing petrochemical sector. (Shutterstock)
October 17th, 2018 - 04:43 GMT

Qatar to Supply China With 3 Million Metric Tons of LPG Over 5 Years

"These remarks seem to have been made under the pressure exerted by Mr. Trump, otherwise, in reality, neither Saudi Arabia nor any other producer is capable of such production," Zanganeh said. (Shutterstock)
October 17th, 2018 - 04:34 GMT

Iran Claims No Country Is Able to Fill Its Oil Gap

This will be made applicable to domestic workers of some countries. (Shutterstock)
October 17th, 2018 - 03:51 GMT

Domestic Workers to Undergo Compulsory Medical Test After Every Overseas Trip

The district will comprise 21 giant towers and will be completed at the end of 2020, with an investment cost worth $3.2 billion. (UDC)
October 17th, 2018 - 03:44 GMT

China and Singapore Set Their Eyes on Industrial and Tech Projects in Egypt's New Capital

Erdogan noted the Turkish-Romanian relations were raised to the level of a strategic partnership in 2011. (Anadolu)
October 17th, 2018 - 03:33 GMT

Turkey, Romania Trade to Jump to $10 Billion

FTA provided a clear and transparent set of standards and criteria to facilitate VAT recovery on the building of new residences by UAE nationals.
October 16th, 2018 - 11:36 GMT

Federal Tax Authority Simplifies VAT Refund Procedures for UAE Nationals Building New Residences

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