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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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Big and small retail firms have achieved 24 percent Saudization, with grocery stores registering 10 percent of the total Saudi employees in the sector. (Shutterstock)
May 30th, 2018 - 08:26 GMT

Good News for Saudis: 490,000 New Jobs in Retail Sector

Dubai is exempting companies from administrative fines in a fresh effort to stimulate business. (Shutterstock)
May 30th, 2018 - 07:15 GMT

Dubai Cancels Corporate Fines to Boost Business

Dubai is more economical than most cities in the Western world. (Shutterstock)
May 30th, 2018 - 07:00 GMT

Cost of Living: Dubai More Economical Than Most of Its Peers

The post VAT, job insecurity hit Gulf mobile phone market appeared first on Tahawul Tech. (Shutterstock)
May 29th, 2018 - 10:48 GMT

VAT, Job Insecurity Hit Gulf Mobile Phone Market

The digital currency was down over 14.69% over the week. (Shutterstock)
May 29th, 2018 - 10:48 GMT

Bitcoin Sell-Off Continues; FCA Investigates 24 Crypto Firms

As part of the efforts to revive the Kingdom’s car market the first showroom for women was opened in Jeddah last January where fuel-efficient cars have been displayed. (AFP)
May 29th, 2018 - 10:30 GMT

Women Driving to Increase Car Sales by 10 Percent in Saudi Arabia

Ramadan provides an economic boost for retailers and improves the business environment. (Shutterstock)
May 29th, 2018 - 10:00 GMT

How Ramadan Sets off a Consumer Boom

Jordan’s parliament in coming days is expected to discuss an amended version of the income tax bill.(Shutterstock)
May 29th, 2018 - 09:02 GMT

Jordan Unionists Plan Strike to Protest Income Tax Bill

The UAE meets Canada's criteria for a visa exemption, an evaluation has found. (Shutterstock)
May 29th, 2018 - 06:36 GMT

Canada to Lift Visa Requirements for UAE Citizens

The Dubai Financial Services Authority (DFSA) has recently obtained judgment in the DIFC Courts.
May 28th, 2018 - 11:56 GMT

DFSA Obtains DIFC Courts Judgment to Enforce a Fine

The blockade has made Qatar to consider ways of becoming more self-sufficient. (Shutterstock)
May 28th, 2018 - 10:20 GMT

'A Year On, Qatar Emerging Stronger Despite Blockade'

Bitcoin was trading at $7,380.1 by 12:22AM ET (04:22GMT). (Shutterstock)
May 28th, 2018 - 08:49 GMT

Bitcoin Prices Changed; Bithumb to Ban Crypto Trading in 11 Countries

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