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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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Borrowing money in the UAE could become more difficult as interest rates are expected to increase this year, in line with increases by the US Federal Reserve. (Shutterstock)
January 21st, 2018 - 10:26 GMT

Higher Interest Rates, the End of Easy Borrowing in UAE?

Saudi Arabia has announced the launch of 'Adaa', a dedicated entity for public performance measurement.
 (Shutterstock)
January 21st, 2018 - 10:02 GMT

New Center Launched to Rate Performance of Public Services: Saudi Arabia

The walkathon will be headed by Ahmed Mahboob Musabih, Director of Dubai Customs with the participation of senior executives, managers and employees.
January 21st, 2018 - 07:48 GMT

Dubai Customs Launches Zayed Centennial Walkathon at Al Khawaneej Walking Track

The two-month diploma programme enables employees to be trained by experts from Dubai Economy and DIHRD on improving government performance and achieving excellence.
January 21st, 2018 - 06:00 GMT

Dubai Economy and DIHRD Graduate Students in ‘Professional Diploma in Commercial Compliance’

Bitcoin has all the hallmarks of a speculative bubble but the global economy will be fine even if it bursts, analysts say. (Shutterstock)
January 18th, 2018 - 01:00 GMT

Bitcoin Bubble Will Burst, But No Big Deal

The main driver behind the restoration of Egypt’s economic competitiveness was the decision to float the pound in November 2016, the report states. (Shutterstock)
January 18th, 2018 - 11:42 GMT

Egypt’s Economy to Record Region’s Strongest Growth by 2019: Report

Saudi Arabia issued a directive on Wednesday to transfer $2 billion to Yemen’s central bank to "alleviate the suffering" of the Yemeni people. (AFP)
January 18th, 2018 - 10:57 GMT

Yemenis Hail $2 Billion Saudi Cash Injection, Rial Soars

Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Airport Freezone Authority (DAFZA)
January 17th, 2018 - 11:14 GMT

Sheikh Ahmed Bin Saeed Approves DAFZA's Digital Intelligence Plan

Jason Tuvey, Middle East analyst at Capital Economics, said that recent price hikes for fuel and power, and VAT, would affect expats more than Saudi citizens. Here's why. (AFP/ File)
January 17th, 2018 - 10:13 GMT

VAT, Price Hikes Will Affect Expats More than Saudis: Report

The Standard Chartered Dubai Marathon unfolds over 42km of the city's streets, involves more than 30,000 competitors and has several stretches of Dubai's road network closed for half a day.
January 17th, 2018 - 08:44 GMT

Marathon City Effort Keeps Dubai Race at the Forefront of World Athletics

Ahmed Mahboob Musabih, Director of Dubai Customs
January 16th, 2018 - 10:24 GMT

Dubai Customs Gears up for 1st UAE Customs Week

Private companies will take over the inspection activities in a move to ensure better services especially in matters of public health, sources said. (AFP)
January 16th, 2018 - 09:30 GMT

Saudi Arabia to Privatize Inspections by Ministry of Labor: Al-Madina Newspaper

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