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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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US President Donald Trump attends a working session during the G20 summit in Hamburg on July 8, 2017. (Markus Schreiber/ AFP)
July 10th, 2017 - 01:30 GMT

Yemen to Get $191 Million of Food, Humanitarian Aid From Donald Trump

Qataris write on a wall bearing a portrait of Sheikh Tamim bin Hamad Al-Thani that has become a symbol of resistance during the Gulf diplomatic crisis. (Karim Jaafar/ AFP)
July 10th, 2017 - 12:17 GMT

Qatar's $340 Billion in Reserves Enough to Face Gulf Crisis: Central Bank

The visit helped enhance cooperation between Dubai Customs and Dubai Statistics Center.
July 10th, 2017 - 08:12 GMT

Dubai Customs Receives Delegation From Dubai Statistics Center

Saudi Arabia will include newborns in the new expat tax. (Pixabay)
July 9th, 2017 - 12:04 GMT

Newborns Included in New Expat Tax: Saudi Arabia

World Bank Group President Jim Yong Kim (L), the daughter of the US President Ivanka Trump (C) and the Managing Director of the IMF Christine Lagarde (R) attend the Women's Entrepreneurship Finance Event at the G20 Summit in Hamburg, Germany, on July 8, 2017. (AFP)
July 9th, 2017 - 11:06 GMT

World Bank, Ivanka Trump Launch $1-billion Fund for Women Entrepreneurs

The larger of the two towers offers a combination of 240 one bedroom apartments, 16 two bedroom apartments and 14 three bedroom apartments.
July 9th, 2017 - 10:31 GMT

Ribbon of Light at Dubai Silicon Oasis Hits 50% Completion Milestone

The MoU was signed by Ali Ibrahim, Deputy Director General of Dubai Economy & Managing Director of Emcredit Limited, and Simon Haslam, Group CEO of Network International.
July 9th, 2017 - 09:32 GMT

Emcredit and Network International to Introduce Mobile Payment Innovation in UAE

The development of Delma Port comes in line with the Abu Dhabi Plan.
July 9th, 2017 - 05:05 GMT

Abu Dhabi Ports Officially Inaugurates the 170 Million Dirham New Delma Port

Protesters in Washington DC protest against Donald Trump's decision to withdraw the US from the Paris climate accord on June 2, 2017. (AFP)
July 6th, 2017 - 11:36 GMT

EU to Fight for Open Trade, Paris Agreement at G20 Summit

Saudi Arabia will be applying a new tax on expats' dependents starting from July 1. (Reuters)
July 6th, 2017 - 10:23 GMT

Is the Expat Tax Bad for Saudi Arabia's Economy?

Moody's. (File photo)
July 5th, 2017 - 08:24 GMT

Moody's Changes Qatar's Rating Outlook From Stable to Negative

Saudi Arabia began collecting fees from expats and their dependents on July 1, 2017. (File photo)
July 4th, 2017 - 12:33 GMT

Saudi Arabia: New Expat Tax to Generate $709 Million in 2017-2018

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