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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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German Chancellor Angela Merkel and other leaders pose for a picture during the two-day G20-Africa partnership investment conference in Berlin on June 12, 2017. (John Macdougall/ AFP)
June 14th, 2017 - 01:38 GMT

Germany Announces $338 Million of Financial Aid to Tunisia

UAE companies will have to allocate funds and be actively involved in social responsibility initiatives by end of 2017. (File photo)
June 14th, 2017 - 09:00 GMT

Philanthropy No Longer a Choice: UAE Makes CSR Compulsory for Companies

Abdul Basset Al Janahi, CEO of Dubai SME, and Craig Moore, Founder and CEO of Beehive, signed the MoU in the presence of senior executives from both sides.
June 13th, 2017 - 10:37 GMT

MBRF and Beehive Join Hands to Provide Digital Financing Solutions for Start-Ups

Saudi Arabia to start collecting expat levy starting next month. (AFP/ File)
June 13th, 2017 - 06:00 GMT

Expats to Pay Tax Starting From July 1 in Saudi Arabia

Boussaiba and Musabih signing the MoU
June 12th, 2017 - 10:03 GMT

FCA to Provide Advanced Inspection Devices to Dubai Customs

His Excellency Sami Al Qamzi, Director General of Dubai Economy.
June 12th, 2017 - 06:25 GMT

Dubai SME Supports More Than 23,000 Entrepreneurs Since Inception

The visit aimed at exchanging expertise and knowledge and learning about Dubai Customs’ latest practices.
June 11th, 2017 - 10:24 GMT

Dubai Customs Showcases Its Corporate Excellence Experience to Emirates Identity Authority

Gold suffered a weekly loss for the first time in five weeks. (Noah Seelam/ AFP)
June 10th, 2017 - 01:25 GMT

Business Roundup: Top 5 Things That Moved Global Markets This Week

Egypt's inflation fell 2 percent in May, compared with April. (Khaled Desouki/ AFP)
June 8th, 2017 - 05:00 GMT

Egypt’s Inflation Falls for First Time Since Pound Flotation

Former FBI Director James Comey (R) testifies before a US Senate Committee on September 27, 2016. (Yuri Gripas/ AFP)
June 8th, 2017 - 03:15 GMT

Comey Day, UK Election and Markets: 5 Things You Should Know on Thursday June 8

After half-a-decade of near stagnation and weak growth, the global economy is set on a path for more moderate expansion of around 3.8 percent in 2018. (OECD)
June 8th, 2017 - 02:19 GMT

Global Economy Better, But Still Not Good Enough: OECD

Qatari investments in Egypt are at risk. (File photo)
June 8th, 2017 - 01:40 GMT

Qatar's $1B Investments in Egypt at Risk Amid Diplomatic Rift

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