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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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Protectionism was not a tool to protect economies and will not help maintain sustainable growth. (Shutterstock)
April 3rd, 2018 - 08:49 GMT

UAE Opposed to Protectionism, Top Official Says

On June 23, 2016, citizens of the UK voted to cut ties and leave the 28-member European economic bloc. (Shutterstock)
April 2nd, 2018 - 10:16 GMT

Brexit Countdown Begins: What's Next?

The package is part of DED’s commitment to building trust among the various business sectors and reinforcing Dubai’s prestige as a business destination.
April 2nd, 2018 - 09:53 GMT

Department of Economic Development Launches ‘Commercial Compliance Package’ to Support Business Owners

If approved, the bill will impose a BD400 annual fee for non-Bahraini students. (Courtesy of DT News)
April 1st, 2018 - 12:07 GMT

Bahrain: New Bill to Impose School Fees on Non-Bahraini Students

The Bitcoin rout happened at 15 times the rate of the tech bubble. (Shutterstock)
March 29th, 2018 - 02:00 GMT

Back to $20,000: Is Bitcoin Pain Almost Finished?

Turkish GDP at current prices climbed to over 3.1 trillion Turkish liras last year, up 19 percent from 2016. (Shutterstock)
March 29th, 2018 - 10:36 GMT

Turkey’s Economy Grows 7 Percent in 2017, GDP up 19 Percent

Ajayy Singh, CEO of DP World Sokhna
March 29th, 2018 - 05:56 GMT

DP World Sokhna Welcomes Largest Bulk Cargo Vessel to Enter the Red Sea

The Dubai Turf is an 1800-meter (1 1/8 mile) trip around one turn of the grass course and attracts some of the best horses from around the world.
March 28th, 2018 - 08:23 GMT

Horse Racing Fans Await DP World’s $6 Million Dubai Turf

Kuwait government agrees with a proposal to tax remittances made by expatriates and denied that the Central Bank raised objections. (Shutterstock)
March 28th, 2018 - 08:20 GMT

Kuwait Government Agrees With Proposal to Tax Expats’ Remittances

Plenty of GCC firms plan to develop dynamic compensation strategies this year. (Shutterstock)
March 27th, 2018 - 09:31 GMT

Salaries in GCC: Employers 'Cautious' About Pay Rises, Bonuses in 2018

The Kingdom and US have signed 46 deals in these sectors, of which 13 are in the oil and gas sector and six each in the defense and technology sectors. (Shutterstock)
March 27th, 2018 - 08:10 GMT

Worth $400 Billion: New Saudi-US Deals to Create 750,000 Jobs

UAE free zones offer attractive options for UK firms looking to relocate businesses. (Shutterstock)
March 26th, 2018 - 12:00 GMT

Dubai Perfect Destination for UK Businesses After Brexit: Survey

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