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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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Companies will pay a fine of SR2,000 ($533) if found to be keeping a worker’s passport, residence or medical insurance card without consent. (AFP/ File)
February 5th, 2018 - 04:00 GMT

Companies to Pay Fines for Holding Workers’ Passports: Saudi Arabia

Jebel Ali Port has rolled out a major plan to meet the projected increase in demand for breakbulk and project cargo.
February 5th, 2018 - 09:46 GMT

DP World, UAE Region Showcases Services at Breakbulk Middle East 2018

Russia and America
February 5th, 2018 - 09:24 GMT

Opinion: Russian Money Insidiously Warping the American System

Riyadh has announced the launch of a massive project to provide 10,000 jobs for young Saudi men and women. (AFP/ File)
February 5th, 2018 - 08:47 GMT

Saudi Arabia: New Project in Riyadh to Provide 10,000 Jobs for Saudis

Saudi banks’ domestic liquid assets ended 2017 at a record high, despite subdued deposit growth and challenging business conditions. (Shutterstock)
February 4th, 2018 - 12:02 GMT

Saudi Banks’ Liquidity Improve in 2017, Despite Tough Market Conditions

A ‘hire and fire’ policy may be the best solution to boost employment in Oman, according to analysts. (Shutterstock)
February 4th, 2018 - 11:44 GMT

‘Hire and Fire’ Policy, Best Way to Boost Employment in Oman

During the visit, the Director General emphasized on the important role played by the 'Tasheel' Centres.
February 4th, 2018 - 10:43 GMT

Director General of Department of Economic Development Ajman Inspects Progress of ‘Tasheel’ Centers

At the meeting chaired by His Excellency Sultan bin Saeed Al Mansouri, Chairman of DIEDC, board members approved in principle several initiatives to be executed in the upcoming four-year period.
February 4th, 2018 - 08:58 GMT

DIEDC’s First Board Meeting in 2018 Approves Actionable Initiatives for Upcoming Period

The tour was part of Dubai Exports' efforts in enhancing strategic communication with trade and export bodies worldwide in order to open new horizons for Made in UAE products.
February 4th, 2018 - 07:33 GMT

Dubai Exports Builds on Brazil Ties to Boost Trade and Economy

he workshops and field visits are aimed to support grocery owners comply with the guidelines introduced to promote competitiveness, and quality of customer service.
February 4th, 2018 - 07:07 GMT

Dubai Economy Conducts Workshops and Site Visits to Groceries

Dr. Mohammed Al Zarooni, Director General of the Dubai Airport Freezone Authority during the inauguration.
February 4th, 2018 - 06:45 GMT

Dubai Airport Freezone Authority Opens New Office of Aerogen

The two discussed means of boosting cooperation between Tunisia and Dubai especially in bilateral trade and customs business.
February 4th, 2018 - 06:34 GMT

Dubai Customs’ Director Discusses Bilateral Cooperation With Tunisian Consul General

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