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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 Chinese envoy underscored Beijing’s strong belief in the compliance of all JCPOA-parties to their commitments, stressing the need for Iran’s economic and trade profits under the deal. (Shutterstock)
October 14th, 2018 - 03:02 GMT

Iran, China Strengthen Economic Ties to Counter US Tactics

Speculation continues to grow that Khashoggi was killed by Saudi authorities after entering the consulate. (AFP)
October 14th, 2018 - 02:51 GMT

The World Is Boycotting Saudi’s Investment Conference In Protest to Khashoggi Disappearance

The scheme, which is in line with a Cabinet decision that was issued in June, will cover up to Dh20,000 per worker. (Shutterstock)
October 14th, 2018 - 02:31 GMT

New Visa System in UAE Goes Live on Monday

The slump may have started in luxury properties, but it has filtered down as Lebanon’s stagnant economy and government vacuum weighs on confidence and spending power. (Shutterstock)
October 14th, 2018 - 02:25 GMT

Lebanon Fund Hopes Diaspora Could Revive Real Estate Market

An unprecedented diplomatic breakdown between the Nato allies over the case compounded an almost 40% depreciation in the currency this year. (AFP)
October 14th, 2018 - 02:19 GMT

Turkish Bonds and Stocks Gain as US Pastor Is Freed

Iran produces 6,000 types of drugs and 280,000 goods in the field of medical equipment, which are currently available in 255 international markets. (Shutterstock)
October 14th, 2018 - 02:08 GMT

Iran Looks at Health, Medical Exports to Counter US Sanctions

Citizens with regular passports of both countries will be allowed visa-free entry. (Shutterstock)
October 14th, 2018 - 02:01 GMT

AE, Mexico Citizens to Enjoy Visa-Free Travel Agreement

During the event
October 11th, 2018 - 10:43 GMT

Global Summit Celebrates Region’s Most Inspiring Innovations and Future Leaders

On Tuesday, the partially-convertible Indian currency hit a fresh low of 74.395 per dollar. (Shutterstock)
October 11th, 2018 - 07:11 GMT

India's Rupee Is Not Recovering Any Time Soon

Qatar has become one of the leading countries in the Gulf to promote workers’ interests and provide their needs, calling on other Gulf states to follow suit. (Shutterstock)
October 11th, 2018 - 06:37 GMT

Qatar Praised for Leading Gulf Nations in Labour Rights

Total assistance committed under the JRP and excluding refugee support of $165.3 million reached about  930 million. (Shutterstock)
October 11th, 2018 - 06:28 GMT

Jordan's Foreign Aid at $1.09 Billion

The partnership will support and encourage industry best practice through the adoption of other standards, such as the International Property Measurement Standards and the International Valuation Standards. (Shutterstock)
October 11th, 2018 - 06:24 GMT

Qatar, RICS to Regulate Realty Market

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