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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 visitors were briefed on the methodology followed by Dubai Customs in developing projects.
May 21st, 2017 - 10:21 GMT

Dubai Customs showcases latest projects to DM delegation

Participants arrive at the congress center prior to the opening of the World Economic Forum in Davos on January 21, 2014. (AFP/ File)
May 21st, 2017 - 10:20 GMT

Youth, Unemployment Top Discussions at World Economic Forum in Jordan

Khalil Saqer bin Gharib, Director of Corporate Communication Department
May 21st, 2017 - 05:48 GMT

Dubai Customs: The newest EXPO 2020 official sponsor

Donald Trump and King Salman during a signing ceremony at the Saudi Royal Court in Riyadh on Saturday May 20, 2017. (AFP)
May 21st, 2017 - 05:00 GMT

US, Saudi Arabia Seal $110-Billion Arms Deal on Trump's Visit

A new research has revealed that users in the MENA region spend an extra 57.6 million hours on Facebook during Ramadan. (Shutterstock)
May 18th, 2017 - 04:45 GMT

Weekly Business Roundup: Donald Trump in Saudi Arabia, Facebook Abuse in Ramadan and 5 Stories You Probably Missed

Financial problems, mainly liquidity and debt, are the main reasons for the closure of 249 companies in Tunisia between 2005 and 2015, according to a study. (Shutterstock)
May 18th, 2017 - 02:55 GMT

Lack of Liquidity, Debt Main Reasons for Company Closures in Tunisia

US President Donald Trump will leave for Saudi Arabia on Friday on his first foreign visit as president. (Photos: AFP)
May 18th, 2017 - 01:30 GMT

Trump Leaves for Saudi Arabia Tomorrow: Here's His Full Agenda

According to officials, the presence of illegal workers in the country is a security, economic, social and health risk for Saudi Arabia. (AFP/ File)
May 18th, 2017 - 12:24 GMT

Saudi Arabia Is Offering a $13,300 Reward for Reporting Illegal Expats

In 2016, 90 percent of all dollars invested in the Middle East and North Africa (MENA) region went in to the UAE. (File photo)
May 18th, 2017 - 10:00 GMT

UAE Attracts 90 Percent of Investments in MENA: What's Their Secret?

The wholly government-owned, Saudi Arabian Military Industries (SAMI) aims to become one of the world’s top 25 defense companies by 2030. (Shutterstock)
May 18th, 2017 - 09:30 GMT

Saudi Arabia Says New Military Company Will Boost Its Economy: Here's How

A new report shows that 88 percent of the UAE's population were born outside the UAE, with almost 3.5 million from India, 935,000 from Egypt, and 906,000 from Pakistan. (Shutterstock)
May 18th, 2017 - 08:42 GMT

More Than 88 Percent of People in UAE Are Immigrants: Report

Qatar’s cost of living, based on consumer price index (CPI), fell marginally by 0.2 percent month-on-month this April, according to official estimates. (File photo)
May 18th, 2017 - 06:30 GMT

Qatar's Cost of Living Drops 0.2 Percent in April: Report

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