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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 Kingdom plans to build two large nuclear power reactors as part of a program to deliver up to 16 nuclear power plants over the next 20 to 25 years at a cost of more than US$80 billion. (Shutterstock)
October 3rd, 2018 - 03:40 GMT

Opinion: Saudi Should Go Nuclear

Mohammed Ali Rashid Lootah, CEO of CCCP
October 2nd, 2018 - 11:07 GMT

DED Launches New Edition of ‘IP Gateway’ As Multilingual App

The Kingdom of Saudi Arabia affirms its continued support for the Yemeni government to restore Yemen's security and stability and enable it to carry out its duties. (AFP)
October 2nd, 2018 - 09:19 GMT

Saudi Grants $200 Million to Central Bank of Yemen

The war on corruption should not be selective. (Shutterstock)
October 2nd, 2018 - 08:15 GMT

In Tunis, Fight Against Corruption 'Is Selective'. INLUCC Is Trying to Change That.

The GDP growth projection has been revised after the expectations to form a Cabinet soon faded. (Shutterstock)
October 2nd, 2018 - 07:32 GMT

With No Government in Sight, Lebanon’s GDP Spirals Down

Selling oil to India under a rupee-rial agreement has not been finalized. (Shutterstock)
October 2nd, 2018 - 07:24 GMT

Iran Will Not Reduce Its Oil Output, Still Optimistic on India

Qatar’s Office at the World Trade Organisation (WTO) in Geneva submitted a request for formal consultations, including Saudi Arabia’s violations against Qatar. (Shutterstock)
October 2nd, 2018 - 06:44 GMT

Qatar Files New Disputes Against Saudi Before WTO

Tuitify signed a deal with Sanofi
October 2nd, 2018 - 06:10 GMT

Top Companies Sign Deals With Innovative Startups As 2nd Cycle of Market Access Concludes

In the statement, al-Jaida further said that Islamic banks in Qatar have encompassed the largest segment of the Islamic finance market, launching ambitious expansion plans abroad in recent years. (Shutterstock)
October 2nd, 2018 - 05:38 GMT

Qatar Looks East to Boost Islamic Finance

With oil production and government spending set to rise, overall growth is projected to strengthen to 2.9 per cent this year and 3.7 per cent next year. (Shutterstock)
October 2nd, 2018 - 05:22 GMT

IMF Optimistic Over UAE's Growth Outlook Citing High Oil Prices

The public debt law has been long-delayed and the ministry has been working on it for years. (Shutterstock)
October 2nd, 2018 - 05:16 GMT

UAE Public Debt Law Delayed. Again.

Khalid Ali Al Bustani, FTA Director-General
October 2nd, 2018 - 05:14 GMT

Federal Tax Authority Urges Registered Businesses to Retain Tax Registration Numbers and Passwords to Meet Tax Obligations

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