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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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Expo 2020 Dubai has so far awarded Dh10.8 billion construction contracts in 2017. (Karim Sahib/ AFP)
November 26th, 2017 - 07:00 GMT

Expo 2020 Awards Over Dh11 Billion in Contracts in 2017

Saudi Arabia's stock market (Tadawul). (AFP/ File)
November 26th, 2017 - 06:00 GMT

Saudi Arabia Eases Requirements for Foreign Investors in Stock Market

Buildings in Dubai will soon be charged for waste collection as Dubai Municipality has decided to outsource the service to the private sector. (File photo)
November 26th, 2017 - 11:43 GMT

New Waste Fee Announced for Buildings in Dubai

Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World
November 24th, 2017 - 06:00 GMT

Dubai Trade Implements ISO 18295-1:2017 Standards for Customer Contact Centre

Credit Suisse outlines that the global economy is likely to see sustained solid growth even as monetary policy becomes less accommodative.
November 23rd, 2017 - 10:24 GMT

Credit Suisse’s Investment Outlook Expects Sustained Growth in 2018; Further Upside Potential in Equities

Oman has revealed a 3 billion Omani riyal deficit for 2018. (File photo)
November 22nd, 2017 - 07:00 GMT

Oman Unveils Projected Budget, Revenues and Deficit for 2018

Royals and businessmen held as part of Saudi Arabia’s corruption probe are already starting to make payments to settle cases, according to reports. (AFP/ File)
November 22nd, 2017 - 02:47 GMT

Saudi Arabia Receives First Payments From Arrested Princes, Businessmen

The 24th edition of the World Islamic Banking Conference will be held in Bahrain from December 4-6.
November 22nd, 2017 - 08:02 GMT

World Islamic Banking Conference Highlights Role of Digital Technologies in Retaining Competitive Edge

Saudi Arabia's non-oil revenue jumped 80 percent in the third quarter to SR47.8 billion, according to official figures. (File photo)
November 21st, 2017 - 12:21 GMT

Saudi Arabia's Credit Ratings Affirmed by S&P, With Stable Outlook

Maitha Al Shamsi, Executive Director of CDA’s Human Rights Sector
November 20th, 2017 - 11:54 GMT

Dubai’s Community Development Authority Launches ‘Friends for the Rights of the Child’ Awareness Programme

Congratulations to Jon Rahm, winner of DP World Tour, and Tommy Fleetwood, winner of Race to Dubai! (AFP)
November 20th, 2017 - 09:14 GMT

Rahm Wins DP World Tour, Fleetwood Wins Race to Dubai

Mohammed Al Muallem, Senior Vice President & Managing Director, DP World
November 20th, 2017 - 05:15 GMT

Dubai Trade Implements ISO 18295-1:2017 Standards for Customer Contact Centre

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