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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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"Promoting external trade in support of national economy is a priority for us at Dubai Customs." - Ahmed Abdul Salam Kazim, Director of Strategy at Dubai Customs
February 19th, 2018 - 09:17 GMT

Dubai's External Food Trade Reached Dh70.2 Billion in 2017: Dubai Customs

Running from February 18-22, Gulfood 2018 is expected to attract more than 97,000 attendees. (File photo)
February 18th, 2018 - 11:10 GMT

Gulfood 2018 Kicks off in Dubai!

Saudi Arabia has some of the world's tightest restrictions on women. (Fayez Nureldine/ AFP)
February 18th, 2018 - 10:45 GMT

Saudi Women Can Start a Business Without Male Permission: Ministry

Cross-border commercial traffic was suspended after South Sudan declared independence in 2011. (Courtesy of Voa News)
February 15th, 2018 - 01:43 GMT

Sudan, South Sudan Resume Cross-Border Trade After 7 Years

DP World Group chairman and CEO Sultan Ahmed Bin Sulayem speaking at the World Government Summit in Dubai.
February 15th, 2018 - 12:15 GMT

DP World Signs Trade Pact With India State

Corruption in the real estate sector is one of many instances of corruption in Lebanon. (Shutterstock)
February 15th, 2018 - 11:35 GMT

Corruption in Real Estate Costs Lebanon $40 Million a Year

Vikas Panchal, Business Head at Tally Solutions
February 15th, 2018 - 11:22 GMT

Tally: Apprehensions Edge Away as VAT Becomes New Norm in UAE

Saif Al Mansoori, Head of Listed Companies at ADX
February 15th, 2018 - 10:55 GMT

ADX Achieves 99 Percent in Disclosure Compliance in 2017

The new tax comes on top of the value-added tax (VAT) and the already existing service tax. (File photo)
February 15th, 2018 - 09:28 GMT

Saudi Arabia Introduces New Tax on Hotels, Furnished Apartments

DED-Ajman has revealed its participation via a series of motivational activities that have been designed to encourage creativity, innovation and design.
February 14th, 2018 - 12:49 GMT

Department of Economic Development – Ajman to Kick off Activities for UAE Innovation Month Tomorrow

The UAE portal will cover three categories of workers. including blue-collar, nurses and sailors. (Shutterstock)
February 14th, 2018 - 11:38 GMT

UAE to Create Portal for Hiring Indian Workers

Sami Al Qamzi, Director General of DED, and Arancha González, Executive Director of the International Trade Centre with representatives during the signing ceremony.
February 14th, 2018 - 09:58 GMT

Dubai Exports, ITC Join Forces to Set up ‘SheTrades Middle East Hub’

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