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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 kingdom is preparing to implement a new version of its Nitaqat program for companies from September 3. (AFP/ File)
July 19th, 2017 - 08:20 GMT

Saudi Arabia Rejects 63 Percent of Work Visas in 2016: Ministry

Sheikha Lubna Al Qasimi, UAE Minister of State for Tolerance, was voted the most powerful Arab woman in government in 2017. (Photo: Zayed University)
July 18th, 2017 - 07:00 GMT

UAE Women Most Powerful in Arab World, According to Forbes

The dollar sank to a 10-month low hit by the collapse of President Donald Trump's efforts to deliver a new healthcare bill. (File photo)
July 18th, 2017 - 02:43 GMT

Trump's Failure on Healthcare Sends Dollar to 10-Month Low

The Brits want Saudi Aramco to list in London even if that means bending strict stock market rules. (AFP/ File)
July 18th, 2017 - 12:58 GMT

Opinion: Has London Sold Its Soul to the Saudis?

Qatar's Foreign Minister Mohammed bin Abdulrahman al-Thani. (AFP)
July 18th, 2017 - 12:15 GMT

Qatar Taking Steps to Counter Gulf Blockade, Stabilize Market: Minister

Young people walk on Galata bridge next to a giant Turkish national flag at Eminonu district in Istanbul on July 26, 2016. (Ozan Kose/ AFP)
July 18th, 2017 - 10:21 GMT

Turkey: Unemployment Rate at 10.5 Percent, With 3.3 Million Jobless

Traders working at the Egyptian stock exchange in Cairo. (AFP)
July 17th, 2017 - 03:21 GMT

Second Tranche of IMF Loan, Foreign Investments to Boost Egypt Stocks: Analysts

Several committees are asking for a speed-up of newly completed hospitals. (File photo)
July 17th, 2017 - 11:23 GMT

Saudi Arabia to Vote on HIV/AIDS Protection System, Unified Health Law

In order to benefit from the initiative, couples should have been married for at least a year. (File photo)
July 16th, 2017 - 12:56 GMT

UAE Announces 'Free Fertility Treatment' for Emirati Couples

Saudi Arabia will begin enforcing the wage protection system starting from August 1. (AFP/ File)
July 16th, 2017 - 11:56 GMT

No More Unpaid Workers: Saudi Arabia Launches New Wage Protection System

Growth is projected to recover over the next few years. (File photo)
July 16th, 2017 - 08:19 GMT

UAE's Economy to Bounce Back in 2018 as Oil Prices Stabilize, Says IMF

The new commercial licenses issued during the first half of 2017 included: 73% trade licenses, 23.4% professional licenses, 1.9% industrial licenses and 1.7% tourism licenses.
July 16th, 2017 - 06:01 GMT

‘Dubai Economy’ Issues 10455 Commercial Licenses During the First Half of 2017

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