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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 level of commitment to implementing the budget reached 100 per cent during the first quarter of 2018. (Shutterstock)
September 20th, 2018 - 05:59 GMT

UAE Government Spending on Target at $2.84 Billion

The emirate’s free zones foreign trade scored an increase of 20 per cent, Dh43 billion in the first half of 2018 to Dh257 billion. (Shutterstock)
September 20th, 2018 - 05:48 GMT

Dubai Revenue Diversification Healthy, With $175 Billion in Non-Oil Foreign Trade

The offence can also result in vehicle being confiscated. (Shutterstock)
September 20th, 2018 - 05:42 GMT

Driving With Expired License in UAE Will Cost You Dh500

From left, Ms Almoayyed, Ms Al Shirawi, Ms Al Hashemi, Shaikha Hessa, and Ms Karzoon. (GDN)
September 20th, 2018 - 05:21 GMT

These Are the 5 Bahraini Women on Forbes Power List

The number of millionaires in the UAE with assets between $1 million and $30 million reached 46,998 while ultra-high net worth individuals with assets of $30 million-plus reached 1,380 last year. (Shutterstock)
September 20th, 2018 - 05:02 GMT

Report: UAE a Haven for HNWI's

Iran is a very important member of OPEC. (Shutterstock)
September 19th, 2018 - 09:37 GMT

OPEC Reaffirms Iran's Membership Ahead of US Sanctions

The country has the third-highest debt rate in the world compared with gross domestic product, currently standing at about $81 billion, or 152 percent of the country’s GDP. (Shutterstock)
September 19th, 2018 - 09:26 GMT

No New Taxes to Fix Lebanon's Economic Meltdown

Kuwait and Tunisia signed an investment protocol in 2010. (Shutterstock)
September 19th, 2018 - 09:11 GMT

Kuwait, Tunis to Expand on Economic and Trade Relations

Qatari businessmen are keen to explore investment opportunities available in Ivory Coast in the fields of agriculture, mining, tourism and real estate. (Shutterstock)
September 19th, 2018 - 08:34 GMT

Ivory Coast Investment Opportunities Lure Qatari Businessmen

The three countries could set up a "Special Purpose Vehicle" . (Shutterstock)
September 19th, 2018 - 08:24 GMT

EU to Set up an SPV to Facilitate Iran's Global Commerce

Egypt is Africa's strongest and most investible economy. (Shutterstock)
September 19th, 2018 - 07:32 GMT

Egypt Reigns as Africa’s Strongest Investible Economies

The initiative may encourage investment in purpose-built accommodation for older generations. (Shutterstock)
September 19th, 2018 - 06:57 GMT

UAE Real Estate to Benefit From New Retiree Visa Law

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