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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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Here's a look at the top 5 things that moved global markets this past week. (Karim Sahib/ AFP)
November 19th, 2017 - 08:00 GMT

From Bitcoin to Dubai Airshow: Top 5 Things that Moved Markets This Past Week

The net foreign assets of the banking sector in Egypt scored about EGP 174.878bn at the end of August, up from EGP 139.658bn at the end of July, according to the Central Bank. (Shutterstock)
November 19th, 2017 - 07:00 GMT

Egypt's Net Foreign Assets Jump 25 Percent in One Month: Central Bank

UAE residents will spend Dh900 billion in the next five years, according to Euromonitor International's forecast. (File photo)
November 19th, 2017 - 05:00 GMT

Spending in UAE to Cross Dh900 Billion Mark by 2022: Report

The Value Added Tax (VAT) of five percent will also apply to purchasing petrol, according to the Saudi tax authority. (File photo)
November 19th, 2017 - 12:41 GMT

Saudi Arabia Announces 5 Percent VAT on Fuel, From January 1

The Municipality is keen to provide the best services to raise customers’ satisfaction and happiness and make constant endeavours to leverage its services and streamline procedures for customers to save their time and effort.
November 19th, 2017 - 06:56 GMT

Abu Dhabi Municipality's Customer Service Processes 330 Thousand Transactions in Six Months

Dubai Exports was the first international organisation to confirm its participation in the three-day event, which featured strategic pointers to the booming food & beverage industry in India.
November 19th, 2017 - 06:47 GMT

Dubai Exports Highlights UAE as Competitive Source Market at ‘World Food India’

Qatar's Emir Sheikh Tamim bin Hamad al-Thani welcomes Turkish President Recep Tayyip Erdogan during an official visit to Doha on November 15, 2017. (Kayhan Ozer/ AFP)
November 16th, 2017 - 01:53 GMT

Breakdown of Qatar-Turkey Agreements Signed This Week in Doha

The event aimed to cement positive values and raise social responsibility towards maintaining public realms, parks and recreational facilities.
November 16th, 2017 - 10:40 GMT

Abu Dhabi Municipality Concludes 'Our Parks' Campaign in Wathba

Dr. Mohammed Alzarooni awarding the winner of the pitch competition
November 15th, 2017 - 12:40 GMT

Dubai Silicon Oasis Authority Selects Entrepreneur Day Competition Winner

Dr. Mohammed Al Zarooni, Director General, DAFZA and Mohammed Abdulla Ahli, Director General, DCAA
November 14th, 2017 - 12:36 GMT

Dubai Civil Aviation Authority Signs Strategic Cooperative Agreement With DAFZA at Dubai Airshow 2017

Saudi Arabia has exempted loans, credit cards, mortgages, current accounts, deposits and savings accounts from the Value Added Tax (VAT). (File photo)
November 14th, 2017 - 12:33 GMT

Saudi Arabia Exempts Loans, Credit Cards and Savings Accounts from VAT

French president Emmanuel Macron tours Louvre Abu Dhabi, on November 8, 2017. (Ludovic Marin/ AFP)
November 12th, 2017 - 08:00 GMT

UAE's Mubadala to Invest €500 Million in French Startups

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