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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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Turkey Finance Minister, Berat Albayrak. (AFP)
August 13th, 2018 - 07:24 GMT

New Plan to Rescue Turkey's Deteriorating Economy

Bitcoin recovered after suffering about 10% of losses last week. (Shutterstock)
August 13th, 2018 - 07:16 GMT

Bitcoin Recovers Today While Other Cryptocurrencies Slip

The UAE's economic outlook will be driven by the oil price and changes in fiscal policy. (Shutterstock)
August 13th, 2018 - 07:04 GMT

Report: GCC Enjoys a Fiscal Windfall From the Recovery in Oil Prices

Such virtual or cryptocurrencies that are traded through the internet, like Bitcoin and similar virtual currencies, are not approved in the Kingdom. (Shutterstock)
August 13th, 2018 - 06:49 GMT

Trading With Cryptocurrencies Not Allowed in Saudi Arabia

Cryptocurrency market expected to decline further; optimism at a toned-down level. (Pixabay)
August 12th, 2018 - 08:14 GMT

Will Cryptocurrencies Keep Falling?

There has been a 14 per cent increase in online hiring across the UAE. (Shutterstock)
August 12th, 2018 - 07:32 GMT

Significant Job Growth Witnessed in H1'18 in UAE

Turkey exported more than 10,000 tons of ice cream to 38 countries and 3 free trade zones in four continents. (AA)
August 12th, 2018 - 07:26 GMT

Turkey Earns More Than $20 Million in Edible Ice Exports in H1'18

Turkey is facing a deepening economic crisis, as the Lira fell sharply by about 22% in Friday’s early morning trading. (Shutterstock)
August 12th, 2018 - 07:11 GMT

The Plunge of the Turkish Lira and How It Affects the Egyptian Economy

Visa Reforms to Be Implemented in Kuwait. (Shutterstock)
August 12th, 2018 - 07:06 GMT

Visa Reforms to Be Implemented in Kuwait

mawdoo3.com, under its 2018-2019 action plan, intends to recruit 200 new employees. (mawdoo3.com)
August 12th, 2018 - 06:45 GMT

200 Employees Needed at Jordan's Largest Arabic Content Site

The plan to eliminate expatriate workers could not be implemented one time. (Shutterstock)
August 12th, 2018 - 06:29 GMT

Kuwaitization: 8,000 Kuwaitis to Replace Expats in 2018

UAE, Poland to Strengthen Economic Ties. (Shutterstock)
August 10th, 2018 - 06:00 GMT

UAE, Poland to Strengthen Economic Ties

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