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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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King Salman has ordered the payment of a monthly allowance of SR1,000 for government and military staff. (AFP/ File)
January 7th, 2018 - 10:43 GMT

Saudi King Orders SR1,000 Payment to State Employees in 2018

QNB projects real GDP growth will average 2.2 percent for the full year in 2017.
January 7th, 2018 - 09:23 GMT

Qatar GDP Growth to Average 2.2 Percent for 2017, According to QNB

The FTA emphasizes on the importance of referencing and checking accurate sources of information.
January 7th, 2018 - 08:10 GMT

UAE Tax Authority Warns Citizens From Unreliable Sources of Information About VAT

Abdullah Naser Al Nuaimi, Ajman’s DED Assistant Director General for Economic Registration and Control
January 7th, 2018 - 07:37 GMT

Ajman’s DED Appoints Abdullah Al Nuaimi as Assistant Director General for Economic Registration and Control

Having a digital strategy is essential for ‘future proofing’ a company that wants to retain market share and stay ahead of the competition. Those who are nimble will reap the benefits of the value to be created through digitisation.
January 7th, 2018 - 07:29 GMT

PwC: Private Equity Firms Need to Keep up With the Digital Revolution in the Middle East

2017 marked the worst year for the U.S. dollar in more than a decade with the Dollar Index falling over 9%. Will the dollar recover in 2018? (Shutterstock)
January 4th, 2018 - 07:00 GMT

Will the US Dollar Recover in 2018?

The Qatari economy has proved resilient, and local sectors will benefit from the increased self-reliance. (AFP)
January 4th, 2018 - 06:00 GMT

Qatar Economy 2017: Resilience and Growth Despite Blockade

Despite the weakened buying support from foreign institutions and individual investors in the 0.14% dip in the 20-stock Qatar Index to 8,608.31 points, small- and large-cap equities, witnessed strong buying interests in the bourse.
January 4th, 2018 - 01:07 GMT

QSE Stays Above 8,600 Level Despite Minor Correction

Yousuf Mohamed Al Jaida, Chief Executive Officer, Qatar Financial Centre (QFC) Authority
January 4th, 2018 - 12:00 GMT

QFC Targets 50 Islamic Financial Companies

The UAE tax authority wants the following elements to be mentioned on any VAT bill. (Shutterstock)
January 4th, 2018 - 10:58 GMT

What Should a VAT Tax Invoice Include in UAE?

Mohammed Fathy, General Manager of Jones & Clark consultancy
January 4th, 2018 - 10:09 GMT

Myths and Misconceptions Surrounding VAT: Jones & Clark

Saudi Arabia said the revenue from VAT would go towards infrastructure and developmental works. (AFP)
January 4th, 2018 - 09:59 GMT

Over $9 Billion From VAT in 2018: Saudi Arabia

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