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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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There are no laws in Bahrain that regulate the Bitcoins system. (Shutterstock)
May 28th, 2018 - 08:40 GMT

The Bitcoin Trade Booming on Bahraini Websites

Rise in index has a lot of myriad causes. (Shutterstock)
May 28th, 2018 - 08:27 GMT

8 Causes Behind the US Dollar Index’ Surge

Spread over two sections, the new infographic guide covers information on Important things to keep in mind while filing VAT return and the subsequent consequences of incorrect filing.
May 24th, 2018 - 10:22 GMT

Tally Solutions Introduces a Visual Guide to Assist Businesses on Details of Filing VAT Returns

SAMA has urged all trade banks to prepare their infrastructure for the new coins. (AN)
May 24th, 2018 - 08:45 GMT

Saudi Riyal Coins to Gradually Replace Notes

The Kingdom was ranked highly for its consumer price inflation policy and exchange rate management. (Pixabay)
May 24th, 2018 - 08:06 GMT

Saudi Arabia Scores High on Prices and Tax Efficiency, IMD Survey Finds

Federal National Council Members thus called for a push from the ministry to raise the level of employment among Emiratis in the private sector. (File / Photo)
May 24th, 2018 - 07:47 GMT

101 Percent Increase in Emiratis Recruited in Private Sector This Year

The UAE surpassed Norway (8), Sweden (9), Canada (10), Germany (15), Australia (19), UK (20), Japan (25), France (28) and Italy (42) in the rankings. (Pixabay)
May 24th, 2018 - 07:39 GMT

UAE 7th Most Competitive Economy in the World

FTA Director General His Excellency Khalid Ali Al Bustani
May 23rd, 2018 - 11:00 GMT

UAE Federal Tax Authority Launches 8 Awareness Videos Introducing Businesses to Tax Return Submission Procedures

Mohammed Ali Rashid Lootah, CEO of the CCCP sector
May 23rd, 2018 - 10:56 GMT

DED Receives 8,166 Consumer Complaints in First 3 Months of 2018

Cirque du Soleil has reportedly signed a deal to perform in the Kingdom. Cirque du Soleil. (AN)
May 23rd, 2018 - 08:07 GMT

Ramadan Fun Activities Reflect on Saudi Arabia’s Potential

Officials hope that the moves will attract new businesses to the country, driving future growth, and giving a much-needed boost to its real-estate market. (Pixabay)
May 23rd, 2018 - 07:53 GMT

6 Questions Expats might have on UAE's New Visa Regulations

There are now nearly 2,000 cryptocurrencies, and millions of people worldwide are excited by them. (Shutterstock)
May 23rd, 2018 - 06:57 GMT

Why It's Difficult to Crack Cryptocurrency Mysteries?

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