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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 total tender amounted to around 3.8 billion Turkish liras (nearly $734.9 million), with a 51.4 percent accepted/tendered rate.(Shutterstock)
August 7th, 2018 - 08:33 GMT

Turkish Treasury Borrows Over $370 Million From Domestic Markets

Saudi Arabia’s Ministry of Media has suspended a Twitter account after it posted an infographic perceived to be offensive to Canada. (Shutterstock)
August 7th, 2018 - 08:05 GMT

Saudi Arabia Suspends Twitter Account Over Offensive Canada Post

Using gas in the industrial sector lowers operational costs between 20 and 50 per cent. (Shutterstock)
August 7th, 2018 - 07:50 GMT

Jordan to Reduce Industrial Costs by up to 50 Percent

The US president said earlier this year he would pull his country out of the 2015 deal. (Shutterstock)
August 7th, 2018 - 07:23 GMT

Trump Reimposes Economic Sanctions on Iran

None of the Saudi students will remain in Canada during the 1439H (2018) summer. (Shutterstock)
August 7th, 2018 - 06:56 GMT

More Than 8,000 Saudi Scholarship Students Leave Canada

The workshop is meant to also improve transparency and counter-corruption levels, better manage risks, and stabilize the financial system, Omran said. (Shutterstock)
August 6th, 2018 - 10:40 GMT

Egypt to Cut off 50 Percent of Investors' Fees

It cited drafters of the PMI report as saying that the uncertain political landscape, combined with cash flow issues, reportedly weighed on demand conditions in July. (Shutterstock)
August 6th, 2018 - 10:14 GMT

Report: Private Sector in Lebanon Continues to Deteriorate

Two Qatari men at the Majlis Qatar pavilion in Moscow’s Gorky Park, on July 12. (AFP)
August 6th, 2018 - 09:32 GMT

The 2022 World Cup: A Bliss or A Curse for Qatar?

To encourage Iranians to return their hard cash to the economy, the plan allows the central bank to set up dollar savings accounts for ordinary people, state television said. (Shutterstock)
August 6th, 2018 - 09:13 GMT

Iran Eases Foreign Exchange Rules to Protect Its Own Currency

A large trade delegation from TRNC is expected to visit Qatar in the near future to establish trade ties with their counterparts in Doha, the envoy said. (Shutterstock)
August 6th, 2018 - 09:09 GMT

North Cyprus Mulls Over Establishing Trade Ties With Qatar


As part of the campaign, in which 19 ministries and government departments are participating, 385,499 of the detainees were deported to their respective home countries during the period. (Pixabay)
August 6th, 2018 - 08:57 GMT

Saudi Arabia Deports More Than 385,000 Expats in 9 Months

The move follows vigorous calls by Canada for the immediate release of human rights activists swept up in a new wave of detentions. (Pixabay)
August 6th, 2018 - 07:13 GMT

Saudi Arabia Freezes All Business Ties With Canada

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