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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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$15 million will help support basic programmes for Palestinian refugees. (AFP/ File)
September 24th, 2017 - 01:21 GMT

UAE Donates $30 Million to UNRWA, UN Women

The upcoming referendum on Kurdish independence has the potential to roil both geopolitical alliances and oil markets. (AFP/ File)
September 21st, 2017 - 12:13 GMT

Opinion: Will an Independent Kurdistan Cause a Rift in Oil Markets?

Saudi Arabia announced in April that it will implement total Saudization in shopping malls. (AFP/ File)
September 21st, 2017 - 11:53 GMT

Saudization Success: Jeddah’s Malls Achieve 40 Percent Saudization

King Salman has ordered the payment of $15 million aid for the Rohingya Muslims in Myanmar. (AFP/ File)
September 20th, 2017 - 09:38 GMT

Saudi Arabia Pledges $15 Million to Aid Rohingya Muslims in Myanmar

The construction work on the project is likely to start by the end of this year.
September 20th, 2017 - 07:21 GMT

DP World, IGY Marinas to Build Superyacht Complex in France

The US stance toward the Middle East is negatively impacting business and regional growth, according to experts. (AFP/ File)
September 19th, 2017 - 05:00 GMT

Opinion: US Stance Towards Middle East Negatively Affecting Economy and Growth

Read this interview with the Indian ambassador to Egypt, Sanjay Bhattacharyya. (Courtesy of the Embassy of India)
September 19th, 2017 - 01:51 GMT

Six Indian Companies Will Be Investing in Egypt Soon: Interview With Indian Ambassador

The forum will focus on the fourth industrial revolution as its central topic. (Photo courtesy of WAM)
September 19th, 2017 - 10:49 GMT

Sharjah FDI Forum 2017 Kicks off Today

Saudi Energy Efficiency Center
September 19th, 2017 - 06:26 GMT

Saudi Customs Seizes 759,000 Products Violating Energy Efficiency Standards

DP World has entered into agreements to acquire Maritime World, the 100 percent owner of Dubai Maritime City for $180 million, and to buy 100 percent of Drydocks World by means of a capital injection of $225 million.
September 19th, 2017 - 05:06 GMT

DP World to Acquire Dubai Maritime City and Drydocks World

Two new shipping routes will link Qatar with vital ports in China, Turkey and Greece. (File photo)
September 18th, 2017 - 02:24 GMT

Qatar Launches Shipping Routes to China, East Mediterranean to Bypass Blockade

The credit line will be used to finance Iran's infrastructure projects. (File photo)
September 17th, 2017 - 03:12 GMT

China Signs Deal to Provide Iran With $10 Billion Credit Line

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