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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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Riyadh accounted for 198,789 of Saudi Arabian households earning more than $250,000 a year, Jeddah follows with 130,849. (Shutterstock)
March 8th, 2018 - 09:07 GMT

Riyadh Outranks Jeddah as Saudi City With Most Wealthy Families

Retired government employees can now own their home through a special real estate finance program launched this week. (Shutterstock)
March 7th, 2018 - 01:36 GMT

Saudi Arabia Unveils New Program to Finance Homes for Retired Employees

The Kuwaiti Ministry of Electricity and Water (MEW) plans to reassess its needs for expatriate workers. (File photo)
March 7th, 2018 - 12:06 GMT

Kuwait: Ministry of Electricity to ‘Reassess’ Jobs of Expats on Expiring Contracts

In parallel with the World Customs Organization’s HS celebrations, the Tariff and Origin Department of DC held an event commemorating thirty years of remarkable achievements and success stories.
March 7th, 2018 - 11:23 GMT

Dubai Customs Commemorates 30th Anniversary of the Harmonized System

The Ministry of Agriculture explained this increase by the jump of the quantities exported to Spain (1154.14%), Turkey (147.24%), Canada (136.55%) and Bulgaria (87.10%). (Shutterstock)
March 7th, 2018 - 10:33 GMT

Tunisia's Revenues From Organic Dates up 35 Percent in 2017

Mohammed Ali Rashid Lootah, CEO of CCCP
March 7th, 2018 - 10:25 GMT

DED Sees 35 Percent Drop in Complaints About Business Disputes During 2017

In an interview with The Telegraph, Mohammed Bin Salman said that Brexit would potentially free up Britain to do more business with Saudi Arabia. (AFP/ File)
March 6th, 2018 - 11:41 GMT

Brexit Means More UK Business for Saudi Arabia, Says Crown Prince

The partnership aims to provide businessmen and investors who seek to do business in Dubai with the highest levels of customer service excellence.
March 6th, 2018 - 08:52 GMT

DED, Talal Abu-Ghazaleh Join Hands to Enhance Services at Dubai Business Club

Khalid Ali Al Bustani, FTA Director General
March 6th, 2018 - 06:50 GMT

UAE Federal Tax Authority Calls on Businesses to Benefit From Decision to Waive Registration Penalties Until April 30

Ahmed Abdul Salam Kazim, Director, Strategy and Corporate Excellence, Dubai Customs
March 6th, 2018 - 06:33 GMT

Dubai Non-Oil Foreign Trade With Japan Stands at Dh42 Billion in 2017

The winners were congratulated and recognized by Ahmed Mahboob Musabih, DC Director, in presence of executive directors, heads of departments and a number of staff.
March 5th, 2018 - 12:18 GMT

Dubai Customs Honors ‘Innovator Award’ Winners

Saud Abu Al Shawareb, Abdulla Belhoul, Yousuf Ali M.A and Salim M.A during the signing agreement.
March 5th, 2018 - 11:59 GMT

Dubai Wholesale City Signs Dh300 Million Agreement With Lulu Group

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