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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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H.E. Hamad Buamim, President and CEO of Dubai Chamber
October 8th, 2017 - 07:22 GMT

Dubai Chamber Working With Expo 2020 Dubai for 4th Global Business Forum on Africa

Mohammad Khalifa AlQaizi, Director of IT Department, Dubai Economy
October 8th, 2017 - 05:46 GMT

Dubai Economy to Bring Latest E-Services and Apps to Gitex Technology Week 2017

According to the UN, only a few Arab countries have laws to tackle issues like marital rape, honor killings and incest. (Shutterstock)
October 5th, 2017 - 01:27 GMT

Violence Against Women Costs Egypt $123 Million a Year: UN Report

King Salman issued a royal order this week to establish a nationwide fund, the National Development Fund. (AFP/ File)
October 4th, 2017 - 01:36 GMT

Saudi King Orders Establishment of National Development Fund

The visa condition for families joining an expat employee has been changed from 600 rials ($1,558) to 300 rials ($779). (File photo)
October 4th, 2017 - 12:41 GMT

Minimum Wage for Expats Bringing in Families Slashed in Oman

Jordan was ranked 39th freest economy globally and second regionally after the UAE. (File photo)
October 4th, 2017 - 12:27 GMT

Jordan Second-Freest Economy in the Middle East, After UAE

The country is working to double local production of food items within a year of the beginning of the blockade. (AFP)
October 4th, 2017 - 08:33 GMT

Qatar to Double Production of Food Items as It Deals With Saudi-Led Blockade

Gas-rich Algeria and Jordan will work together to develop economic ties. (File photo)
October 3rd, 2017 - 01:19 GMT

Jordan, Algeria Announce Joint Business Council

Egypt’s foreign reserves jumped to $36.534 billion in September from $36.143 in August. (AFP/ File)
October 3rd, 2017 - 12:57 GMT

Egypt’s Foreign Reserves Up $391 Million in September: Central Bank

King Salman bin Abdulaziz will kick off on Thursday his first official visit to Russia. (AFP/ File)
October 3rd, 2017 - 12:44 GMT

King Salman Visits Russia Thursday, $10 Billion Expected in Joint Projects

Abu Dhabi has been investing billions of dollars in infrastructure, tourism sectors to boost its non-oil growth in an era of low oil prices. (File photo)
October 3rd, 2017 - 11:46 GMT

Abu Dhabi Expects 3 Percent GDP Growth in 2018

Just like the rest of the UAE, passengers at Dubai’s airports will have to pay a 'sin' tax. (Shutterstock)
October 3rd, 2017 - 11:11 GMT

Sin Tax Will Apply to Travelers Through Dubai Airports Too: Official

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