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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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Sondos Alqattan was slammed after she attacked reforms to Filipino workers' rights in Kuwait, saying workers should have no right to a day off. (Alaraby)
July 22nd, 2018 - 09:21 GMT

Kuwaiti Blogger Condemned for Her Views on Domestic Workers

The remittances of expatriate workers in Kuwait had declined during 2017 by 9.2 percent to KD 4.14 billion compared to KD 4.56 billion in 2016. (Shutterstock)
July 22nd, 2018 - 07:58 GMT

Remittances Increase by 3.5 Percent in Kuwait in Q1'18

Egyptian officials have been pushing to cut costs amid a broader effort to revive the economy. (Shutterstock)
July 22nd, 2018 - 07:54 GMT

Parliament in Egypt Goes Green to Cut Costs

In May, the Cabinet had adopted a 10-year visa scheme for talented individuals. (Shutterstock)
July 22nd, 2018 - 07:50 GMT

UAE to Start Implementing Visa Reforms

The new agreement was signed by His Excellency (H.E.) Ali Eissa Al Nuaimi, Director General, DED-Ajman and H.E. Yafea Eid Al Faraj, Director General, Department of Land and Real Estate Regulation.
July 22nd, 2018 - 04:54 GMT

DED-Ajman Signs Strategic Agreement With Department of Land & Real Estate Regulation in Ajman

Since the establishment of a strategic partnership between the two countries in 2012, bilateral relations have been witnessing a comprehensive and rapid growth. (Shutterstock)
July 21st, 2018 - 08:14 GMT

10 Fields Covered in the UAE, China Joint Statement

About 154 million Chinese tourists are expected to travel abroad in 2018, followed by 244 million in 2022. (Shutterstock)
July 20th, 2018 - 04:00 GMT

Almost Half a Million Chinese Tourists in UAE in H1’18

The country, with its huge infrastructure projects, has already been attracting the attention of the business community, especially in the sport related fields. (Shutterstock)
July 19th, 2018 - 09:50 GMT

This Is Why Qatar Has Potentials of Becoming a Global Business Hub

Market indicators suggest there was broad-based market slowdown in 2017. (Shutterstock)
July 19th, 2018 - 09:39 GMT

Report: Consumer Sector in Egypt to Fully Recuperate by Early 2019

Omani economy is heading towards a sustainable recovery. (Shutterstock)
July 19th, 2018 - 09:26 GMT

Analysis: Economy in Oman Is Recovering

Cannabis to Be Legalized in Lebanon for Medical Use. (Shutterstock)
July 19th, 2018 - 09:06 GMT

Cannabis to Be Legalized in Lebanon for Medical Use

Google aims to file an appeal against the €4.34 billion ($5.06 billion) fine imposed by the European Commission. (Shutterstock)
July 19th, 2018 - 08:59 GMT

Google to File an Appeal Against EU's €4.34 Billion Fine

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