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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 on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018. (AFP/ File)
December 14th, 2017 - 11:12 GMT

Saudi Arabia Unveils $19 Billion 'Stimulus' for Private Sector

Sami Al Qamzi, Director General of Dubai Economy
December 14th, 2017 - 07:39 GMT

Economic Outlook in Dubai Retains Its Focus on Diversification and Sustainable Growth: Al Qamzi

When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets. (AFP)
December 13th, 2017 - 09:37 GMT

Opinion: Three Challenges Ahead for Egypt’s Economy

Saudi Arabia's most well-known businessman Prince Alwaleed bin Talal is still under arrest. (Getty)
December 13th, 2017 - 08:47 GMT

Saudi Arabia: Special Unit to Handle Cash Settlements From Arrested Princes

The Business Registration & Licensing (BRL) sector in Dubai Economy witnessed a record number of transactions over November this year.
December 13th, 2017 - 08:40 GMT

Dubai Economy Records Strong Licensing and Registration Activity in November

“The UAE is exploring other tax options according to best international practices.” - Ministry of Finance (File photo)
December 12th, 2017 - 06:00 GMT

UAE Mulls New Taxes, Other Than VAT

All of the initiatives were inspired and based on the pillars and principles of the Year of Giving.
December 12th, 2017 - 10:22 GMT

Dubai Customs Carries out 40 Voluntary Initiatives During 2017

Ahmad Al Zaabi, Senior Manager, CCCP sector in Dubai Economy
December 12th, 2017 - 09:50 GMT

Dubai Economy Hosts Workshop on the Unified Contract for Electronics

Mirko Rubeis, Partner and Managing Director at BCG
December 12th, 2017 - 08:35 GMT

Refining Market to Remain Volatile in the Medium Term: Study

The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a new report. (AFP/ File)
December 11th, 2017 - 06:00 GMT

IPOs in MENA up 400 Percent in 2017: Report

Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone. (File photo)
December 11th, 2017 - 02:53 GMT

Dubai Unveils $15.4 Billion Budget for 2018, Its Largest Ever

During the launch ceremony
December 11th, 2017 - 12:50 GMT

Dubai SME and WOMENA Launch Programme to Empower Emirati Women

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