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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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Abdullah Mohammed Al Khaja, Executive Director of Clients Management Division from Dubai Customs and Malik Hanouf, CEO of BPG signed the agreement.
April 29th, 2018 - 05:49 GMT

Dubai Customs Inks MoU With BPG to Curb Counterfeiting

DED conducts the quarterly survey to capture the outlook of companies in the emirate so that government authorities and the private sector can track and analyse major business trends and issues.
April 29th, 2018 - 05:01 GMT

Business Confidence in Dubai Continues to Rise, Survey Shows

A total of 165,824 students from 172 schools and 30 universities have participated in the award since its launch up to the end of 2017.
April 26th, 2018 - 10:52 GMT

Dubai Customs Celebrates the World Intellectual Property Day 2018

With so much focus on bitcoin lately, we've added a new weekly update that tracks the three largest cryptocurrencies by market share. (Shutterstock)
April 26th, 2018 - 09:50 GMT

Top 3 Cryptocurrencies by Market Share in 2018

In February, the amount of net foreign direct investment (FDI) rose by nearly 12 percent year-on-year. (Shutterstock)
April 26th, 2018 - 07:51 GMT

Turkey Earns Over $500 Million net Investment in February

Rents in certain communities in Dubai can cost a year's salary, but other locations offer some bargains. (Shutterstock)
April 26th, 2018 - 07:35 GMT

Top 10 Cheapest Places to Rent in Dubai

Saudi Arabia's aim is to increase the private sector contribution to gross domestic product from 40 percent to 65 percent by 2030. (Shutterstock)
April 26th, 2018 - 07:20 GMT

Saudi Makes Ports, Schools and Hospitals Priorities in Privatization Plan

The workshop, entitled “Roadmap to Sustainability Reporting”, was organised by the Network’s Sustainability Reporting Task Force.
April 26th, 2018 - 05:24 GMT

Dubai Chamber Workshop Examines Best Practices in Sustainability Reporting

Both major oil producers have moved closer together in the face of increasing U.S. sanctions pressure. (Shutterstock)
April 25th, 2018 - 09:17 GMT

Russia Eyes an Interim Trade Agreement With Iran

Inflation leapt to 3 percent year-on-year in the immediate aftermath of the introduction of a 5 percent VAT charge in January. (Shutterstock)
April 25th, 2018 - 07:08 GMT

Saudi Inflation Starts to Decline as VAT Impact Lessens

The matinee saw a number of other poets delivering poems dedicated to His Highness Sheikh Mohammed bin Zayed Al Nahyan,and to express love to the UAE.
April 24th, 2018 - 11:40 GMT

Poetry Matinee at Dubai Customs Entitled 'Thank You Mohammed Bin Zayed'

Bahrain was found to be the third best paying country among the five Gulf Cooperation Council states. (Shutterstock)
April 24th, 2018 - 11:00 GMT

Here Are the Top 20 Salaries in Bahrain 2018

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