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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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Then French President Francois Hollande (L) and French President-elect Emmanuel Macron at a special ceremony at the Jardin du Luxembourg, on May 10, 2017. (AFP/ Eric Feferberg)
May 23rd, 2017 - 08:00 GMT

Saudi Arabia Is France's Largest Market in the Middle East: Diplomat

A worker looks at the 9HA Gas Turbine, at the General Electric (GE) plant in Belfort, France, on May 28, 2015. (AFP/ Frederick Florin)
May 23rd, 2017 - 06:00 GMT

General Electric Eyes Further Expansion in Qatar

All private sector establishments in Saudi Arabia with an annual revenue of over SR375,000 ($100,000) will be paying monthly VAT starting January 2018. (Shutterstock)
May 23rd, 2017 - 05:00 GMT

Saudi Arabia: Companies With Revenues More Than $100,000 Must Pay VAT in 2018

The emirate of Abu Dhabi seeks to rationalize 50 percent of the water used in mosques by replacing normal taps with other more efficient ones. (Shutterstock)
May 23rd, 2017 - 02:00 GMT

Ramadan Resolutions: Abu Dhabi to Reduce Water Consumption in Mosques by 50 Percent

Turkish President Recep Tayyip Erdogan (L) "hesitantly" shakes hands with his Russian counterpart Vladimir Putin after a joint press conference following their meeting at the Bocharov Ruchei state residence in Sochi on May 3, 2017. (AFP/ Alexander Nemenov)
May 23rd, 2017 - 12:19 GMT

Two Years Later: Turkey, Russia Agree to Remove Trade Barriers

Previous edition of the Silicon Oasis TechForum
May 22nd, 2017 - 11:35 GMT

26th Silicon Oasis TechForum to highlight role of blockchain in smart city transformation

Market visits are aimed to strengthen communication and partnership with the merchants in enhancing consumer confidence.
May 22nd, 2017 - 11:09 GMT

Dubai Economy urge fish and meat sellers not to increase prices during Ramadan

The list of goods includes flour, sugar, rice, pasta, oil, milk and many other commodities. (File photo)
May 22nd, 2017 - 08:00 GMT

Qatar Announces New Prices for 418 Consumer Goods in Ramadan: Full List

Foreign laborers working in road construction in Oman. (AFP)
May 22nd, 2017 - 06:00 GMT

Oman to Ease Work Permits for Expats

Jordan is joining reconstruction efforts in war-ravaged countries in the region, a World Bank official said. (AFP/ File)
May 21st, 2017 - 06:00 GMT

Jordan to Join Reconstruction Efforts of War-Torn Countries: World Bank

Gym owners and users in Jordan will now be obliged to pay an additional tax of 16 percent, set by the government recently. (Pixabay)
May 21st, 2017 - 01:00 GMT

Jordan Announces New Tax on Gyms, Fitness Centers

Walid Abdul Malik, Director of Commercial Registration in BRL
May 21st, 2017 - 10:33 GMT

Dubai retail sector sees hectic promotional activity in Q1 2017

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