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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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During the focus group gathering
January 9th, 2018 - 07:09 GMT

DED-Ajman Organizes Focus Group Gathering to Develop Licensing Procedures

The seized goods were confiscated and a ticket was issued against the individuals who illegally trade in such materials by exploiting the rented residential house.
January 9th, 2018 - 06:35 GMT

Abu Dhabi DED Seizes 10,500 Fake Car Parts

In its latest report, the Iranian Parliament Research Center put the country’s economic growth in the current year at 4.1 percent. (AFP)
January 8th, 2018 - 06:00 GMT

Amid Unrest: Iran Expects Economy to Grow 4 Percent in 2018

As the Lebanese bid farewell to 2017, economists are busy now analyzing the challenges Lebanon will face in 2018 hoping to revitalize the sluggish economy. (Ibrahim Chalhoub/ AFP)
January 8th, 2018 - 02:00 GMT

Challenges Facing Lebanon in 2018, and How to Solve Them

Kuwait's new budget will be dominated by various reform measures to help fight the hardships the economy is facing.  (Pictured here: Sabah Al-Ahmad Al-Sabah, ruler of Kuwait/ AFP)
January 8th, 2018 - 10:54 GMT

Kuwait Projects Higher Revenues in 2018-2019 Budget

Saudi government employees receive SR12.7 billion in salaries every month. (John Moore/ AFP)
January 8th, 2018 - 10:00 GMT

Saudi Arabia Spends $43.5 Billion on Government Employees in 2017

Saudi Arabia has launched a new entrepreneurship licence, open to both citizens and residents alike. (AFP)
January 8th, 2018 - 08:14 GMT

Saudi Arabia Unveils New Entrepreneur License for Citizens, Residents

VAT revenues will be used to achieve better local services, greater community development and broader support for UAE citizens. (Shutterstock)
January 8th, 2018 - 07:31 GMT

UAE: 70 Percent of VAT Will Go to Local Governments

By incorporating Aramco, the government will be able to offer equity in it either on domestic or foreign stock exchanges, or to any outside investor.
January 7th, 2018 - 02:17 GMT

Saudi Aramco IPO a Step Closer as Decree Creates New Corporate Structure

The report also expressed fear of a devastating war with Israel over the next five years. (AFP)
January 7th, 2018 - 11:53 GMT

Political Uncertainty Could Slow Lebanon’s Economic Growth: Report

The Municipality calls on all residents of Abu Dhabi city and suburbs to comply with the rules for their health and safety.
January 7th, 2018 - 11:09 GMT

Abu Dhabi Municipality Issues 51 Offence Tickets Relating to Occupancy of Residential Units at Musaffah

 Trade with Azerbaijan in the first 9 months of 2017 rose to AED 679 million divided into imports with AED 4.3 million.
January 7th, 2018 - 11:03 GMT

Dubai Customs Receives Azerbaikjani Outgoing Consul General

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