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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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Bank of America Merrill Lynch forecasts Saudi Arabia will continue to push forward with its reform process regardless of the rising price of oil. (Shutterstock)
April 24th, 2018 - 08:25 GMT

Saudi Arabia Economy in a 'Sweet Spot' Regardless of the Rising Price of Oil

While Filipinos are discouraged from working in Kuwait, thousands of opportunities await in other countries. (Pixabay)
April 24th, 2018 - 08:06 GMT

Thousands of jobs for Filipinos in UAE, Saudi Arabia, UK and Hong Kong

Hamed Ahmed Al Ali, CEO of Nasdaq Dubai
April 24th, 2018 - 07:49 GMT

Dubai Islamic Economy Development Centre Collaborates With Nasdaq Dubai to Develop New Initiatives

Ajay Singh, DP World Sokhna CEO
April 24th, 2018 - 05:43 GMT

DP World Sokhna Launches Vehicle Booking Service to Enhance Trade Movement

There is one crucial aspect of investment management that is often overlooked - documenting your investments. (Shutterstock)
April 23rd, 2018 - 09:26 GMT

Planning to Invest in UAE? Follow These 6 Simple Tips

Dubai Economic Department had forecast the economy would growth 3.2 per cent in 2017 and 3.5 per cent in 2018. (Shutterstock)
April 22nd, 2018 - 10:14 GMT

Dubai’s Economy Slows in 2017: Report

Shaikha Ahmed Al Bishri, Director of the Business Excellence Department in DED.
April 22nd, 2018 - 08:28 GMT

Business Excellence Awards 2017 Winners to Be Declared on April 24

Jordan suspended the free trade agreement deal with Turkey in March this year. (File photo)
April 19th, 2018 - 10:00 GMT

Jordan, Turkey to Renegotiate Suspended FTA Deal

The World Steel Association (Worldsteel) has projected global steel demand will rise 1.8 percent year-on-year in 2018. (File photo)
April 19th, 2018 - 09:00 GMT

World’s Steel Demand to Reach 1.62 Billion Tons in 2018: Report

India is the first trading partner for the UAE. (File photo)
April 19th, 2018 - 06:00 GMT

Trade Between UAE, India Likely to Cross $100 Billion by 2020

Unemployment in the UK hit 4.2 percent, down from 4.7 percent a year earlier. (AFP/ File)
April 18th, 2018 - 11:20 GMT

UK's Unemployment Falls to 4.2 Percent, Its Lowest Since 1975

The UAE's economy is expected to grow at 3 percent next year, according to the IMF. (File photo)
April 18th, 2018 - 10:46 GMT

UAE's Economy to See 3 Percent Growth in 2019: IMF

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