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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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Seems like the government has already made up its mind and they will start implementing the idea very soon. (AA)
June 11th, 2018 - 08:15 GMT

Egyptian Parliament Approves Law To Impose Taxes On Social Media Ads

A rise in US interest rates could dampen demand for regional real estate. (Shutterstock)
June 11th, 2018 - 07:40 GMT

GCC Economies Brace for Rising Interest Rates

Saudi Arabia, Kuwait and the United Arab Emirates pledged $2.5 billion of aid to Jordan on Monday. (KhT)
June 11th, 2018 - 07:06 GMT

UAE, Saudi, Kuwait Pledge $2.5 Billion Aid Package to Jordan

The Saudi companies on the list account for $39.1 trillion in sales, $3.2 trillion in profit, $189 trillion in assets and $56.8 trillion in market value. (Shutterstock)
June 10th, 2018 - 08:44 GMT

7 Saudi Firms on Forbes List of Largest Public Companies

Similarly, Abu Dhabi announced a stimulus package of Dh50 billion last week to give fillip to the emirate's economy. (Shutterstock)
June 10th, 2018 - 08:39 GMT

Dubai Offers Businesses New Facilitating Measures

The Saudi government has been urged to boost training of health professionals and ease visa requirements to meet an expected shortfall in qualified medical staff in the Kingdom. (AFP)
June 10th, 2018 - 08:36 GMT

Saudi Arabia Will Need an Additional 10,000 Doctors by 2020

Investors in Saudi Arabia and the UAE accounted for the highest proportion of the “very knowledgeable” category. (Shutterstock)
June 10th, 2018 - 08:28 GMT

Saudi Investors Keen on Real Estate and Looking Abroad

Foreign direct investmentsI to the UAE rose by 8 per cent from $9.6 billion in 2016 to $10.4 billion (Dh38.17 billion) last year. (Shutterstock)
June 10th, 2018 - 08:03 GMT

Foreign Direct Investments Rose by 8 Percent, Lift UAE to No.1 in Arab World

Jordanian protesters wave national flags and shout slogans during an anti-austerity rally, on June 6, 2018, in front of the Labor Union offices in Amman. (AFP)
June 10th, 2018 - 07:21 GMT

Saudi Arabia to Host Gulf Conference on Supporting Jordan

Civil Service Commission (CSC) has informed Parliament’s Replacement Committee about an increase in the number of expatriate employees in the public sector to be terminated. (Shutterstock)
June 7th, 2018 - 09:13 GMT

Increase in Expats Terminations Early Next Month in Kuwait

Bitcoin was trading at $7,711.2 by 1:10AM ET (05:10GMT) on the Bitfinex exchange, up 1.4% over the previous 24 hours. (Shutterstock)
June 7th, 2018 - 09:03 GMT

Bitcoin Prices Rise; Fidelity Hiring For Crypto Projects

It includes freezing private school fees, and reducing and cancelling certain government fees. (KhT)
June 7th, 2018 - 08:51 GMT

Dubai Economic Stimulus Gains Momentum

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