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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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Kuwait cracks down on non-degree holders and vows to punish violating companies. (AFP/ File)
October 15th, 2017 - 01:04 GMT

University Degree Obligatory for Residency Renewal: Kuwaiti Minister

The 4th Global Business Forum on Africa
October 15th, 2017 - 09:04 GMT

Global Business Forum on Africa 2017 to Host Influential Heads of State, Ministers

Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporation.
October 15th, 2017 - 07:08 GMT

Dubai’s Information Technology Trade Reaches Dh134.5 Billion in the First Half of 2017

The campaign was run in implementation of the strategy and plans of the Municipality aimed at curbing all sorts of disfiguring elements to protect the environment and maintain the outlook of Abu Dhabi Emirate.
October 15th, 2017 - 05:48 GMT

ADM Impounds 100 Vehicles, Urges Public to Maintain Urban Appearance of Abu Dhabi

A total of $16.3 billion in remittances was sent to Egypt between November 2016, when Egypt floated its currency, and August this year. (File photo)
October 12th, 2017 - 01:27 GMT

Remittances From Egyptian Expats up 40 Percent in August 2017: Central Bank

According to Turkey's Deputy Prime Minister Mehmet Simsek, the US-Turkey visa row is only a temporary dispute that will be resolved soon. (AFP)
October 12th, 2017 - 01:03 GMT

Turkey-US Visa Row Likely to Be Resolved Soon: Deputy PM

The cost of bribery in Kuwait is $2 billion a year, or two percent of the country's total GDP. (File photo)
October 12th, 2017 - 12:46 GMT

Bribes Cost Kuwait $2 Billion a Year: IMF

Exemptions for Saudi firms investing in Abu Dhabi will be related to land, lease and rents. (File photo)
October 12th, 2017 - 11:31 GMT

Saudi Firms Investing in Abu Dhabi Will Get Special Exemptions, Says UAE Official

VFS Global will provide e-Services and collect fees for registration and licensing transactions through its offices.
October 12th, 2017 - 10:12 GMT

Dubai Economy Signs Partnership With VFS Global to Provide Business Registration Services Worldwide

Russia has been backing Bashar al-Assad in the long-running civil war in Syria. (AFP/ File)
October 11th, 2017 - 06:00 GMT

Russia Eyes Direct Shipping Line to Syria, a Boost for Syrian Regime

Morocco's FDI reached $1.92 billion in January-August 2017, against $1.47 billion a year earlier. (File photo)
October 11th, 2017 - 10:21 GMT

Morocco's FDI up 30 Percent in 2017, to $1.92 billion

On Sunday, the U.S. Embassy in Turkey suspended its non-immigrant visa service. Turkey retaliated by suspending non-immigrant visa services at all Turkish diplomatic facilities in the U.S. (AFP/ File)
October 10th, 2017 - 11:04 GMT

US-Turkey Conflict Risks Damaging Trade, Economic Relations: Businessmen

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