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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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Receiving consecutive upgrades in the current market conditions is a true recognition of the strength and resilience of DP World business.
August 2nd, 2017 - 08:16 GMT

DP World Rating Upgraded by Fitch

Expat workers constitute 60 percent of the workers in Saudi Arabia but their numbers have been dwindling in recent months. (AFP/ File)
August 1st, 2017 - 01:02 GMT

Half of Work Visas Issued by Saudi Arabia Are for Domestic Workers: Ministry

During the Ceremony
August 1st, 2017 - 07:13 GMT

Access World to Build a 3PL Facility in Jebel Ali Free Zone

The SDAA delegation also learned from the Administration Affairs department about DC’s procurement, inventory, expenditure control and assets management systems.
August 1st, 2017 - 05:26 GMT

Dubai Customs Presents Best Practice Experience to SDAA Delegation

Saudi Arabia had previously enforced a two-month ban on Egyptian strawberries on July 8.  (Pixabay)
July 31st, 2017 - 10:34 GMT

Iraq Latest to Ban Egypt's Fruits and Vegetables Over Pesticide Concerns

Egypt will lower its customs exchange rate to 16.25 pounds per dollar from 16.50, effective from Tuesday. (File photo)
July 30th, 2017 - 02:22 GMT

Egypt Lowers Customs Exchange Rate to 16.25 Pounds/USD

The agency said that Oman’s fiscal performance last year and in the first few months of 2017 were weaker than was suggested. (File photo)
July 30th, 2017 - 12:27 GMT

Moody's Downgrades Oman, Bahrain Ratings

Tangier Port- Morocco
July 30th, 2017 - 11:27 GMT

ADFD Finances 76 Development Projects in Morocco Worth AED9 Billion

Saudi Arabia, Egypt, the UAE and Bahrain cut ties with Qatar on June 5, accusing it of backing terrorist groups. (AFP/ File)
July 30th, 2017 - 11:26 GMT

Arab States to Impose ‘More Economic Sanctions on Qatar’

Remittances by foreign workers have witnessed a steady fall in recent months as banks in Kingdom reported a gradual decline in foreign remittances. (AFP/ File)
July 30th, 2017 - 10:59 GMT

Foreign Remittances From Saudi Arabia Decline by 34 Percent in June

The agreement was signed on the part of Dubai Customs by Ibrahim Kamali, director of Passenger Operations Department, and on behalf of Emirates Airlines by Badr Al Shehhi, divisional vice-president, Baggage and Operations Services, in the presence of officials from both sides.
July 30th, 2017 - 05:54 GMT

Dubai Customs and Emirates Airlines Sign Agreement to Raise Service Standards

Banks and other financial institutions in the UAE to freeze all bank accounts of groups and individuals mentioned in the new terror list issued by Saudi Arabia and its allies on July 25, 2017. (AFP/ File)
July 27th, 2017 - 01:05 GMT

UAE Freezes Accounts of Individuals, Entities in Qatar-Linked Terror List

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