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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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IMF has marginally raised Saudi Arabia’s 2018 economic growth forecast to 1.7%. (Shutterstock)
May 8th, 2018 - 07:00 GMT

IMF: Saudi Arabia’s Economy Seen to Grow to 1.7 Percent in 2018

Apartment and villa rents fell on average by 3 per cent (quarter on quarter) in Abu Dhabi in the first 3 months of 2018. (Shutterstock)
May 8th, 2018 - 05:48 GMT

Abu Dhabi House Rents Continue to Soften in Q1 of 2018

Riyadh would sign economic and defence agreements with Sudan soon. (Shutterstock)
May 7th, 2018 - 10:00 GMT

Saudi Arabia to Sign Economic and Defence Cooperation With Sudan

The book, available in English and Arabic, is published by the Motivate Books, part of the Motivate Media Group.
May 7th, 2018 - 09:39 GMT

Dubai Chamber and Motivate Publishing Release New Book Commemorating Sheikh Zayed’s Life and Legacy

Egypt is predicted to achieve an average economic growth of 6.63 percent per year for the next 8 years until 2026. (Shutterstock)
May 7th, 2018 - 09:00 GMT

Egypt Ranked 3rd Fastest Growing Economy In The World

The plan is to bring various e-services under one umbrella and make paying for these disparate services easier. (Shutterstock)
May 7th, 2018 - 08:00 GMT

Oman's Next Challenge, Integrating E-Services in the Sultanate

The economy in Lebanon is growing slowly at a rate of 2 to 2-1/2 percent. (Shutterstock)
May 6th, 2018 - 10:11 GMT

Lebanon Must Counter 'Unsustainable' Fiscal Deficit: IMF

The pace of growth in the Bahrain Kingdom ‘accelerated markedly’ in 2017 compared to 3.2% in 2016. (SG)
May 6th, 2018 - 08:13 GMT

Bahrain GCC’s Fastest Growing Economy with 3.9 Percent in 2017

A total of 37 companies and 23 Community Partners participated in this year’s Give and Gain activities and supported 84 projects.
May 3rd, 2018 - 10:09 GMT

Dubai Chamber Hosts UAE’s Largest Give & Gain Corporate Volunteering Event

Some crypto assets will pick up where they left off. (Pixabay)
May 3rd, 2018 - 09:30 GMT

Where We Are Today With Cryptos in the Boom Bust Cycle

One of the major tourist attractions of the UAE is the jewellery sector that generates billions of dollars in revenue every year. (Shutterstock)
May 3rd, 2018 - 07:35 GMT

UAE's Jewellers Hope for VAT Exemption on Retail Sales

Doha is already selecting brokers to deal with selling a hotel chain managed by Intercontinental Group in the cities of Cannes in France, Amsterdam and Frankfurt. (Shutterstock)
May 3rd, 2018 - 07:11 GMT

Qatar Considers Selling Sovereign Asset to Deal With Boycott

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