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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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By speeding up the transfer of data regarding workers found violating the Omani Labour Laws, the link will also cut costs and efforts to resolve such disputes. (Shutterstock)
September 24th, 2018 - 09:50 GMT

Oman to Make Labour Dispute Resolutions Faster

The move is meant to reverse a sharp drop in gold miner shares. (Shutterstock)
September 24th, 2018 - 07:19 GMT

Sawiris Leads Flock to Reverse Gold Miner Shares Drop

he Iranian minister expressed hope Sunday’s meeting of the OPEC and non-OPEC monitoring committee in Algeria would not be impacted by Trump’s threat. (Shutterstock)
September 24th, 2018 - 07:12 GMT

Iran Accuses Trump of Pressing GCC Oil Producers to Increase Output

Over the past year, pension fund investments have reached QR90 billion. (Shutterstock)
September 24th, 2018 - 07:04 GMT

Buoyed by QR 90 Billion Last Year, Qatar to Improve Pension Fund Investments

Visitors at Russian companies' pavilions at the Damascus International Fair. (AFP)
September 24th, 2018 - 06:54 GMT

Russia, Iran Vie for Syria's Reconstruction Rat Race

on Friday that the Cabinet's decision to exempt and reduce the sales tax on a number of food items and the agricultural sector, went into effect. (Shutterstock)
September 24th, 2018 - 06:48 GMT

Jordan's Reduced Taxes Goes Live

In Tir, from the total of $10.66 billion of foreign debt, $6.72 billion was interim debt and $3.94 billion was long-term debt. (Shutterstock)
September 24th, 2018 - 06:43 GMT

Iran's External Debt at $10.66 Billion, Down 5.6 Percent

Turkey is eager to use local currencies in bilateral trade deals to counter attacks by the U.S. (Shutterstock)
September 24th, 2018 - 06:33 GMT

Turkey Trade Goes Local on Currency to Counter US Attacks

DP World confirmed last week it will continue to pursue all legal means to defend its rights as shareholder and concessionaire in the Doraleh Container Terminal. (File/ Photo)
September 24th, 2018 - 05:58 GMT

UK Court Rules in Favour of DP World Case in Djibouti

Trade and economic relations between the UAE and Saudi Arabia are the largest among the GCC countries. (Shutterstock)
September 24th, 2018 - 05:50 GMT

UAE, Saudi to Create the Largest GDP in GCC With $1.1 Trillion

During Dubai Startup Hub’s panel discussion on SME banking challenges.
September 23rd, 2018 - 10:01 GMT

Dubai Chamber to Head Working Group on SME Banking Challenges

The volume of Qatar-US bilateral trade reached around QR21 billion in 2017. (Shutterstock)
September 23rd, 2018 - 08:00 GMT

Qatar, US Eager to Increase Their Qr21 Billion Bilateral Trade

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