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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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Many residents travel to other GCC countries driving their vehicles, without paying attention to the luggage regulations. (Shutterstock)
July 16th, 2018 - 01:05 GMT

This Traffic Violation in UAE Will Result in Dhs2,000 Fine, 6 Black Points

The Cabinet approved a new legislative package, including a review of the current residency system to allow a two-year extension of the residency period for the dependents of their parents after finishing their university studies. (Shutterstock)
July 16th, 2018 - 12:58 GMT

Your Guide to the New Visa Rules in UAE

South Africa President Cyril Ramaphosa is on a mission to raise $100 billion in foreign direct investment in an attempt to revive the national economy. (Shutterstock)
July 16th, 2018 - 11:07 GMT

$20 Billion Worth of Investments in South Africa by Saudi Arabia and UAE

According to Russian news agency Sputnik, the Russian leader expressed hope that fans will take advantage of this opportunity and "come to Russia more than once with friends and members of their families." (Shutterstock)
July 16th, 2018 - 10:43 GMT

Russia to Grant Football Fans Visa-Free Entry till End of 2018

It is expected that, by lifting the ban on women driving in the Kingdom, the number of foreign chauffeurs will go down by about 30%. (KhT)
July 16th, 2018 - 10:36 GMT

Opinion: Lifting the Ban on Women Driving in Saudi Arabia Results in Economic Benefits

A move by the UAE to regulate the growing online world of paid social media is likely to be rolled out across the GCC in a bid to bring in tighter controls on the thriving industry, experts say. (Shutterstock)
July 16th, 2018 - 10:29 GMT

Will Other Gulf Nations Follow UAE's Lead and Rein in the Social Media Influencers?


CMA is currently drafting plans to roll out mandatory health insurance, after the Council of Ministers reached a decision to make it a necessity for all residents and citizens in the country. (Shutterstock)
July 16th, 2018 - 09:53 GMT

Health Insurance to Become Mandatory in Oman

Saudi Arabia will introduce its first comprehensive bankruptcy law on August 18. (Shutterstock)
July 15th, 2018 - 11:46 GMT

Bankruptcy Reforms to Overhaul the Saudi Economy

During the event
July 15th, 2018 - 11:34 GMT

Dubai Chamber pilots cutting-edge healthcare technology designed to put its employees in the driving seat

The casino has been in a fight with the state over closing down these centers, and the source said the two sides agreed in 2008 to shut down any gambling center other than the casino. (Shutterstock)
July 15th, 2018 - 11:27 GMT

Illegal Gambling Results in Loss of Millions in Lebanon

Ratio may be higher if refugee factor taken into account. (Shutterstock)
July 15th, 2018 - 11:11 GMT

IMF: Shadow Economy Accounts for 17 Percent of Jordan's GDP

The kingdom has attracted investment from a number of big auto and aerospace investors in recent years including Renault, Peugeot, Bombardier as well as Boeing and Safran. (Shutterstock)
July 15th, 2018 - 10:59 GMT

Morocco to Introduce Corporate Tax Break

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