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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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The forum brings together around 1,000 business leaders, entrepreneurs, diversity champions and policy-makers from both genders. (Courtesy of WEF)
March 20th, 2018 - 11:47 GMT

'We Can't Understate the Role of Mohammed Bin Salman': Women Economic Forum Opens in Riyadh

Senior officials of the RAK Chamber of Commerce and Industry.
March 20th, 2018 - 05:58 GMT

RAK Road Riders 2018 Aims at Guinness Record in Motorcycle Wheelies

Leaders from the world’s top 20 economies are set to meet in Buenos Aires this week, with the current state of the global economy at the top of the agenda. (AFP)
March 19th, 2018 - 12:59 GMT

G20 Meeting, Bitcoin Woes: 5 Things to Know in Global Markets Today

As many as nine companies in the UAE are likely to raise funds through IPOs this year. (Ben Job/ Reuters)
March 19th, 2018 - 12:14 GMT

UAE Companies Could Raise $9 Billion From IPOs in 2018

Of the total 13.6 million tons of waste produced by 169 Saudi cities annually, 6 million tons are in Riyadh, Jeddah and Dammam. (AFP)
March 18th, 2018 - 01:23 GMT

Booming Business: 13.6 Million Tons of Waste Produced Annually by Saudi Arabia

Jordan has ranked the 90th happiest country in the world in the UN’s 2018 World Happiness Report, a 16-place drop from last year’s results. (Photo: Getty Images)
March 18th, 2018 - 12:26 GMT

'Life Is Tough': Jordan Drops 16 Places in UN's 2018 World Happiness Report

Lebanon's 2018 draft budget is expected to a get the nod of approval from Parliament in April. (AFP)
March 18th, 2018 - 12:11 GMT

Lebanon: Parliament Seeks to Approve 2018 Budget in April

The largest contribution to the overall price rise came from the food and beverage group which has risen by over 52.8 percent. (AFP/ File)
March 18th, 2018 - 11:47 GMT

Sudan's Inflation Jumps to 54.3 Percent in February

Kuwait’s National Assembly will not look at a government-sponsored draft law on imposing taxes as a priority, according to reports. (AFP/ File)
March 15th, 2018 - 11:39 GMT

‘Taxes Not a Priority’: Kuwait’s Parliament Pushes Back VAT Vote

How much success has Muhammad Bin Salman's UK visit achieved? (AFP/ File)
March 14th, 2018 - 08:55 GMT

Was the UK Visit a Success? Q&A About Saudi Crown Prince’s Tour

Saudi Arabia had designed and was working on 200km of rail track to link with the Gulf Railway, while Qatar, Bahrain and Kuwait were designing their portions. (Shutterstock)
March 13th, 2018 - 06:00 GMT

GCC States Committed to Gulf Railway Project, Despite Spat With Qatar

Total remittances from the country meanwhile rose 2.2 percent to 164.3 billion dirhams in 2017 from 160.8 billion dirhams the previous year. (AFP)
March 13th, 2018 - 04:00 GMT

India Top Recipient of Foreign Remittances From Expats Working in UAE

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