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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 UAE's new measures should offer relief for businesses across all sectors. (Shutterstock)
June 14th, 2018 - 06:36 GMT

UAE's Reform Measures to Offer Relief for Businesses Across All Sectors

Insurance system to replace bank guarantee for employment, 48 hours free visa for transit travellers. (Shutterstock)
June 14th, 2018 - 06:18 GMT

Sheikh Mohammed Announces New Job, Visa Rules in UAE

Bitcoin has now slid more than 50% for the year, down from a record high of $19,511 it hit in December. (Shutterstock)
June 13th, 2018 - 09:57 GMT

Bitcoin Collapses to Lowest Level Since February

The Expo site will be served by a world-class road network, a brand-new extension to the Dubai metro system, and three international airports. (Khaleej Times)
June 13th, 2018 - 09:07 GMT

Expo 2020 to Boost Logistics Sector in Dubai

Reflecting the UAE's zero-tolerance for illicit trade, government bodies in the UAE seize fake goods worth billions of dirhams every year in their campaigns against illicit trade.(Khaleej Times)
June 13th, 2018 - 07:12 GMT

The Economist: UAE Ranks 34th in Combating Illicit Trade

Trump was cited by North Korea's official KCNA news agency as saying he made the promise after pledging to end joint military exercises with South Korea. (Shutterstock)
June 13th, 2018 - 07:03 GMT

North Korea State Media Says Trump Agreed to Lift Sanctions

The inflation rate has dropped to 11.4 percent in May which is a 2 percent decrease since April. (Shutterstock)
June 12th, 2018 - 06:08 GMT

Egypt’s Inflation Rate Drops Down to 11 Percent in May

The new law must not have negative impacts on human rights. (Shutterstock)
June 12th, 2018 - 06:04 GMT

Experts to Form Coalition to Provide Recommendations on New Income Tax Law in Jordan

Over 66 per cent of respondents believe salaries are either increasing or staying the same. (Shutterstock)
June 12th, 2018 - 05:37 GMT

More Than Half of UAE Employees Expect Salary Hike in 2018

The trade dimension of the two countries' ties was touched on within a framework of following up the trade exchange volume between the two countries in a way that serves both states' interests. (Shutterstock)
June 11th, 2018 - 09:33 GMT

Egypt, Lebanon Discuss Economic Ties

For Egypt's government and civil society groups, tackling the growing problem of street children is proving difficult. (AFP)
June 11th, 2018 - 09:31 GMT

Egypt’s Birth Rate Drops as Economic Pressure Mounts

Omanisation policies are not helping the private sector, according to the government body overseeing the Sultanate’s diversification plans. (Shutterstock)
June 11th, 2018 - 08:22 GMT

Omanisation Policies Hindering Private Sector’s Progress

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