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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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The forum organised by the Dubai Chamber is taking place November 1st and 2nd at Dubai’s Madinat Jumeirah.
November 1st, 2017 - 12:26 GMT

Global Business Forum on Africa 2017 off to a Strong Start With High-Level Participation

Companies that fail to pay workers on time will be fined up to SAR3,000 ($800). (File photo)
November 1st, 2017 - 11:43 GMT

Saudi’s Wage Protection System Now Applies to Smaller Firms

Almost 40 percent of the startups launched in 2016 were owned by women. (Shutterstock)
November 1st, 2017 - 10:47 GMT

Saudi Women Seize New Business Opportunities

The Kingdom is among the top 20 countries in the world, and second among the most high-income in G-20 countries. (File photo)
November 1st, 2017 - 07:48 GMT

Saudi Arabia Ranks Second in World’s High-Income Countries for Business Reforms for 2018

Date farmers in Jericho in the West Bank are using treated water to grow crops and expand their businesses. (Alaa Badarneh for USAID)
November 1st, 2017 - 06:09 GMT

With Water Projects in West Bank and Gaza, US Cultivates Hope

The IMF has encouraged GCC countries to increase the pace of their reforms after projecting the worst growth in the region for years. (File photo)
October 31st, 2017 - 06:00 GMT

Gulf Region Staring at Its Worst Growth Since 2009: IMF

Turkey's food exports to Qatar surged 98 percent in the first nine months of 2017, compared to last year. (File photo)
October 31st, 2017 - 05:00 GMT

Turkey's Exports to Qatar up 90 Percent Since Blockade

Global Business Forum on Africa launches on November 1, at Madinat Jumeirah in Dubai.
October 31st, 2017 - 12:33 GMT

Fourth Global Business Forum on Africa Kicks off in Dubai With High-Ranking Officials

VAT is likely to bring notable changes in the way business is carried out by hospitality firms in the UAE. Here are some of these changes. (File photo)
October 30th, 2017 - 11:54 GMT

Opinion: How VAT in UAE Will Affect Tourism, Hospitality Sectors

Turkey and Jordan agreed in 2016 on a Roll-on/Roll-off 'Ro-Ro' route between Turkish ports and Jordan’s Aqaba port, but the deal never took off. (File photo)
October 30th, 2017 - 11:26 GMT

Turkey, Jordan Mull New Maritime Route Project

For the first time since 1986, Oman’s remittance inflows this year is projected to reach $40 million, according to a World Bank report. (File photo)
October 30th, 2017 - 10:56 GMT

For First Time Since 1986, Oman’s Remittances Reach $40 Million

The new service is aimed at helping customers save time by providing them with a fully-equipped van with internet services, laptops, and technology, with the service available 24/7. (Courtesy of Sharjah Chamber)
October 30th, 2017 - 10:44 GMT

Sharjah Chamber of Commerce Deploys 'You Call, We Arrive' Trucks for Private Sector

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