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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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Egypt began setting a monthly customs exchange rate in January 2017, following the liberalization of its currency in November 2016. (Shutterstock)
September 30th, 2018 - 06:32 GMT

Egypt to Stick to EGP16 to $1 for October

European Union Foreign Policy Chief Federica Mogherini said on Wednesday a so-called Special Purpose Vehicle (SPV) will facilitate trade with Iran and it will go into force before November. (Shutterstock)
September 30th, 2018 - 06:23 GMT

Iran Urges EU to Launch the New Financial Mechanism Ahead of Looming US Sanctions

During the meeting
September 30th, 2018 - 05:10 GMT

Dubai Customs Discusses Boosting Cooperation With Japanese Businesses

Monday’s sessions were characterized by disorganization, and saw the endorsement of just five draft laws amid cacophonous debate. (AFP)
September 27th, 2018 - 06:28 GMT

Lebanon's Dysfunctional Parliament Endorses Bills Crucial to Economy and Healthcare

Sawiris praised some recent economic measures, including the flotation of the Egyptian pound.
September 27th, 2018 - 06:11 GMT

Sawiris Urges Egyptian Government to Loosen the Noose on Businesses

 "the summit will present the "success stories" of Tunisian start-ups, inform and discuss the different ecosystems, innovations and talents of Africa today and tomorrow." (Shutterstock)
September 27th, 2018 - 05:46 GMT

Tunisia Enters the Startup Race With Afric'up Summit

Bahrain EDB has already attracted a total of 76 companies, accounting for an investment of BD305 million. (Shutterstock)
September 27th, 2018 - 05:43 GMT

FDI Flow of $810 Million Into Bahrain Signals for a Hiring Boom

Saudi Arabia currently hosts 7.4 million expatriates working in various business sectors. (AFP)
September 27th, 2018 - 05:00 GMT

Opinion: Saudi's 7.4 Million Expats Are Key to a Robust International Trade

“None of us can remain silent to the arbitrary cancellation of commercial agreements and the use of economic sanctions as weapons,” Erdogan said in a speech to the United Nations General Assembly. (AFP PHOTO / ADEM ALTAN)
September 27th, 2018 - 04:49 GMT

Turkey Will Not Tolerate US Use of Economic Sanctions as Weapons, Erdogan Warns

The extraordinary traits in the Egyptian women have not gone extinct throughout the generations, and it is still being transferred from one great generation to the next one. (Scoop Empire)
September 26th, 2018 - 07:21 GMT

Egyptian Women Reign on Forbes’ 'Middle East’s Most Influential Women' 2018!

Tthe social and economic standing of the Jordanian people is not appropriate right now for this law. (Shutterstock)
September 26th, 2018 - 06:49 GMT

Who Will Bear the Burden of Jordan's New Income Law?

Qatar welcomes US investors who can benefit from the promising investment opportunities offered by the Qatari economy. (Shutterstock)
September 26th, 2018 - 06:21 GMT

Qatar Is a Multi-Billion Dollar Trump Card for US Investments

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