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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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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. (Shutterstock)
August 14th, 2018 - 09:09 GMT

UAE Issues New Decrees Supporting People With Disabilities

Oman recently launched a National Summary Data Page (NSDP), becoming one of the first GCC countries to implement the IMF’s recommendations of e-GDDS. (Shutterstock)
August 14th, 2018 - 08:22 GMT

Oman Leads GCC Countries As It Implements the IMF’s eGDDS Recommendations

The Treasury Undersecretariat reported that 1.72 billion Turkish liras in two-year fixed coupon government bonds were sold in an auction. (Shutterstock)
August 14th, 2018 - 07:55 GMT

Turkish Treasury Borrows $470 Million From Domestic Markets

Saudi Arabia has pledged to provide $60 million per month to support power plants in Yemen. (Shutterstock)
August 14th, 2018 - 07:48 GMT

Saudi Arabia Pledges $60 Million per Month to Support Power Plants in Yemen

Iraqi Prime Minister Haider Al-Abadi. (AFP)
August 14th, 2018 - 07:43 GMT

Iraq Will Not Abide With Full Scope of US Sanctions Against Iran

The issuance of residence visa depends on the discretion of the DNRD. (Shutterstock)
August 13th, 2018 - 10:16 GMT

The Procedure to Get Residence Visa for Your Parents in UAE

In 2017, exports and re-exports from the United Arab Emirates to Iran totalled $17 billion as most of that products passed through Dubai. (Shutterstock)
August 13th, 2018 - 10:09 GMT

Video: US Sanctions on Iran Affects Its Trade With UAE

Qatar stocks led losses across the Gulf on Sunday as the Turkish currency crisis unsettled investors. (AFP)
August 13th, 2018 - 09:51 GMT

Qatar Shares Slump Due to Turkey’s Currency Plummet

The growth of overall employment in the private sector decelerated to 1.2 per cent in 2017 from an average of 8.5 per cent in the previous two years. (Shutterstock)
August 13th, 2018 - 08:54 GMT

Report: Omani Employment Increases 7 Percent in Private Sector

Firms not complying with the provisions of the labour law will be suspended from accessing ministry services for a year. (Times of Oman)
August 13th, 2018 - 08:28 GMT

New Regulations to Protect Expat Workers' Rights in Oman

The UAE's new reforms will be focused on professions and industries that meet the country's strategic needs. (Shutterstock)
August 13th, 2018 - 08:00 GMT

These Professions Are Eligible for the 10-Year Visa in UAE

Turkey's President Recep Tayyip Erdoga. (AFP)
August 13th, 2018 - 07:48 GMT

Erdogan: Turkey to Turn to New Markets in Response to Trump's Threats

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