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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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14.2 percent prefer the Tunisian product by "love for the motherland". (Shutterstock)
April 8th, 2018 - 12:00 GMT

50.6 Percent of Tunisians Believe in the Quality of the National Product

Saudi has reportedly announced plans to dig a 200 meters wide, 60 km in length maritime canal along its border with Qatar turning it into an island. (Shutterstock)
April 8th, 2018 - 10:55 GMT

Saudi Arabia Plans Massive Canal to Turn Qatar Into an ‘Island’

The Ministry of Environment, Water and Agriculture announced that corn, olives, grapes and pumpkins will be added to the list of crops banned for export. (Shutterstock)
April 8th, 2018 - 10:31 GMT

Saudi Arabia Adds 4 New Crops to Export Ban List: Sources

S&P expects the Kingdom to register modest economic growth this year thanks to rising government investment and an improvement in oil prices. (AFP/ File)
April 8th, 2018 - 09:58 GMT

Saudi Arabia's Economic Outlook Remains Stable: S&P

The new theme park is expected to open in 2022 as part of the 334-square-kilometre Qiddiya ‘entertainment city’ south of Riyadh. (Shutterstock)
April 5th, 2018 - 07:58 GMT

Saudi Arabia Signs Theme Park Deal With US-Based Six Flags

Bahrain has been among the hardest hit of the Gulf economies during the recent period of low oil prices. (Shutterstock)
April 5th, 2018 - 07:51 GMT

Bahrain’s Labor Force Shrinks in 2017, First Time in 5 Years

The laws of Economics are mutable. Is it time to start questioning them? (Shutterstock)
April 4th, 2018 - 01:58 GMT

It's Time to Start Questioning the 5 'Economic Policy Commandments'

Venture capitalists and investors are funding more startups in e-commerce, fintech, food and beverage, logistics and transport to cash in on the growing popularity of the startup ecosystem. (Shutterstock)
April 4th, 2018 - 11:00 GMT

UAE Startups Lead MENA Region in Investment, at 70 Percent

The total value of apartments that were built since 2015 to date and have not been sold yet is estimated at JD1 billion. (Shutterstock)
April 4th, 2018 - 10:25 GMT

Jordan: Unsold Apartments Since 2015 Valued at JD1 Billion

FDI to developing economies remained stable, at an estimated $653 billion, 2 percent more than the previous year. (Shutterstock)
April 3rd, 2018 - 12:00 GMT

Despite Challenges, Global FDI Hits $1.52 Trillion in 2017

Approval was issued for an Iraqi investor to obtain Jordanian nationality. (Shutterstock)
April 3rd, 2018 - 10:12 GMT

Jordan: Iraqi Investor First to Receive Citizenship Under New Law

Full year 2017 saw the announcement of 126 deals worth approximately $16.0 billion as compared to 129 deals in 2016 at a total value of $37.8 billion. (Shutterstock)
April 3rd, 2018 - 09:15 GMT

M&A Deals in Middle East Down 57 Percent in 2017: Report

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