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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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Dubai FDI announced the strategic partners of Dubai Investment Week 2018 from government and private sectors.
October 4th, 2018 - 07:26 GMT

Dubai Investment Week 2018 to Turn Spotlight on Investing in Future Transformations

Following the last rate hike, Erdogan said his patience with interest rates had limits. (AFP)
October 4th, 2018 - 07:17 GMT

How Will Erdogan Address Turkey's Highest Inflation Rate in 15 Years, at 25 Percent?

The new bankruptcy law will introduce measures to allow company reorganization where the management is allowed to remain in place and continue business operations during the administration of a case, similar to the Chapter 11 process in the US. (Shutterstock)
October 4th, 2018 - 07:05 GMT

Bahrain Launches New Bankruptcy Law to Keep Investments Flowing

“The Aramco postponement is a benefit for the country, and the acquisition of SABIC makes more sense,” Haddad told the Citi Middle East Media Summit. (AFP)
October 4th, 2018 - 06:53 GMT

Why Is Delaying Saudi Aramco's IPO Good for the Country?

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)
October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

Essam al-Zamil was charged with a range of accusations, including membership of a terrorist organization. (PressTV)
October 3rd, 2018 - 07:29 GMT

Saudi Charges Economist Issam Al Zamil With "Terrorism" Because of His Critical Views on Bin Salman's Vision

EU member states will set up a legal entity to facilitate legitimate financial transactions with Iran. (Shutterstock)
October 3rd, 2018 - 07:18 GMT

Here's Why EU's Plan to Help Iran Ahead of US Sanctions Can Be Problematic

In regards to debt instruments, the minister explained that Egypt is facing challenges, in terms of high interest rates, foreigners’ liquidation and market exit, whether in government financial instruments or the stock market. (Shutterstock)
October 3rd, 2018 - 07:14 GMT

Egypt Sets 4-Year Limit to Reduce Public Debt to 70 Percent

KIF 2018 announced a series of projects across diverse sectors of the economy from infrastructure development, renewable energy, to the digital transformation initiatives of the country. (Shutterstock)
October 3rd, 2018 - 07:00 GMT

Kuwait Is Ready for Your Investments; Here's How

According to IPIC's announcement, the request to bondholders covers holders of $1.5 billion IPIC bonds due in 2020, EUR 1.25 billion bonds due in 2021 as well as $1.5 billion due in 2022 and EUR 850 million due in 2023. (Shutterstock)
October 3rd, 2018 - 04:25 GMT

Mubadala, IPIC to Start $6 Billion Debt Reorganisation

Development will continue, but technology will drive its progress, is the message the city wants to convey to investors and expats. (Shutterstock)
October 3rd, 2018 - 04:09 GMT

Opinion: Dubai Still Has Space to Grow

Muscat, the capital, recorded the highest number of arrests with 380 followed by A'Dakhiliyah governorate with 60. During the same week, 386 violating labourers were deported. (Shutterstock)
October 3rd, 2018 - 03:50 GMT

Oman Cracks Down on Expats With 600 Arrests in a Week

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