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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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Arif Naqvi. (AFP)
July 11th, 2018 - 12:59 GMT

Abraaj Case Hearing Postponed to July 15

Saudi Foreign Minister Adel Al-Jubeir and Chinese Foreign Minister Wang Yi arrive for a news conference at the China-Arab States Cooperation Forum in Beijing on Tuesday. (AN)
July 11th, 2018 - 12:35 GMT

New Strategic Partnership Between China and Arab States

According to a press statement, the new tax refund system supports the growth of the tourism sector in the UAE and maintain its position as a global destination for tourists. (Shutterstock)
July 11th, 2018 - 11:36 GMT

UAE Announces New Rule on VAT for Tourists

The Indian and Pakistani currencies have been consistently hitting new lows over the last few months with the former reaching 18.8 against the UAE dirham last month while the Pakistani rupee has plunged below 33. (Shutterstock)
July 10th, 2018 - 10:40 GMT

UAE Expats Elated as Dirham Gets Stronger Against Asian Currencies

Jordan submitted a request to the EU requesting the inclusion of more facilities under the relaxed rules of origin deal, which was signed with the EU in 2016. (Shutterstock)
July 10th, 2018 - 10:30 GMT

EU Declines Jordan's Request for Extra Facilities

Chinese Ambassador in Amman Pan Weifang speaks during a press conference in Amman on Monday. (JT)
July 10th, 2018 - 10:22 GMT

China to Increase Investments in Jordan

Prime Minister Omar Razzaz addresses the Lower House with his government’s policy statement on Monday. (JT)
July 10th, 2018 - 09:33 GMT

Razzaz Presents Policy Statement to Lower House Seeking Confidence

Hashish has long been cultivated illegally in Lebanon, particularly in the Bekaa Valley, historically a stronghold for Hizballah and other outlaw groups. (Shutterstock)
July 10th, 2018 - 08:56 GMT

Legalizing Cannabis Can Solve Lebanon's Economic Crisis

QC has been a pioneer in its relief interventions. (QT)
July 10th, 2018 - 08:47 GMT

Almost 2 Million Benefit From Qatar Charity's Relief Assistance

Syrian refugees have already started returning to their country over the past few months. (Shutterstock)
July 10th, 2018 - 08:40 GMT

Lebanese Economy Is ‘on Brink of Collapse’

Bitcoin was trading at $6,640.4. (Shutterstock)
July 10th, 2018 - 08:31 GMT

Bitcoin Slips Again; Was China’s Crypto Ban the Right Move?

French Minister of the Armed Forces Florence Barley (L) and Saudi Crown Prince Mohammad bin Salman. (AN)
July 9th, 2018 - 10:25 GMT

New Military Agreement Between Saudi Arabia and France

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