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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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Last year Emirati policymakers changed some details of the law to make it less draconian, as part of the plan to bring in a modern bankruptcy structure in the UAE. Al-Mulla thinks it still has not gone far enough. (Shutterstock)
September 2nd, 2018 - 12:03 GMT

Abraaj Founder Lawyer Points out the Flaws of the UAE Legal System

A quarter of women in Saudi Arabia have already applied for a driving license and of those who have not, 3 in 5 intend to apply. Among these new drivers, the majority (78%) plan to buy a car. (Shutterstock)
September 2nd, 2018 - 11:45 GMT

Women Drivers to Transform the Automotive Industry in Saudi Arabia

Defining the best investment depends on the kind of yield sought. Some people aim for quick profits, while others make investments that should give yields in the longer term. (Shutterstock)
September 2nd, 2018 - 11:30 GMT

The Best Investment Options in Egypt

Abdullah Al Shehhi, Deputy CEO of CCCP sector
September 2nd, 2018 - 11:14 GMT

DED Launches Awareness Drive for Businesses as Part of Commercial Commitment Day

State Department spokeswoman Heather Nauert said the business model and fiscal practices of the United Nations Relief and Works Agency made it an “irredeemably flawed operation”. (AFP)
September 2nd, 2018 - 11:09 GMT

Jordan Committed to Support UNRWA Despite US Halt of Funding

Another part of exchanges between the Iranian and Iraqi exporters are made in the form of barter. (Shutterstock)
September 2nd, 2018 - 10:11 GMT

Iran, Iraq Stop Dollar-Based Trade

Amidst continued market volatility, the DGCX traded over 2.08 million contracts in August.
September 2nd, 2018 - 07:29 GMT

Record Trading and Shari’ah Partnership Boosts DGCX

The duo seeks to jointly work on joint innovation projects on the application of key technologies like digital and mobile payments, blockchain and distributed ledgers and other areas of new technologies. (Shutterstock)
August 30th, 2018 - 09:58 GMT

Dubai Signs Fintech Agreement With Singapore's Monetary Authority

Aradhana Khowala is NEOM's new Managing Director of Tourism. (Arab News)
August 30th, 2018 - 09:49 GMT

Aradhana Khowala as Tourism Head of Saudi Arabia's NEOM

Two billion people depend on groundwater sourced from transboundary aquifer systems. (Shutterstock)
August 30th, 2018 - 09:44 GMT

Arab Region Faces the Challenge of Water Scarcity

Saudi Crown Prince, Mohammad bin Salman. (AFP)
August 30th, 2018 - 09:24 GMT

Video: Are We Witnessing the Crash and Burn of Saudi Economy?


The reform group also vowed to improve basic freedoms and the judiciary as it convened for the first time since Turkey switched to an executive presidential system after June 24 elections. (Shutterstock)
August 30th, 2018 - 09:16 GMT

Turkey Pledges to Speed up EU Reforms

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