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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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Saudi Arabia is planning to turn over 374,000 job opportunities in the private sector into jobs that can be performed from a distance and paid by the hour. (File photo)
May 17th, 2017 - 05:00 GMT

Saudi Arabia Introduces Flexible Work Options for Saudis

The number of Qataris employed by the country’s energy and industry sector has tripled from 2,900 to 9,300 in 16 years, but challenges remain. (AFP)
May 17th, 2017 - 11:30 GMT

Qatarization Will Never Thrive If Qataris Refuse to Work as Technicians: Energy Minister

Saudi Arabia's consumer price index (CPI) fell 0.8 percent in April showing a drop in consumer prices for the fourth month in a row. (File photo)
May 17th, 2017 - 07:36 GMT

Saudi Arabia's Inflation Maintains Downward Trend in April

The Chinese government is set to pump in around $40 billion into big development projects in Egypt as part of its ambitious One Belt One Road (OBOR) initiative. (AFP)
May 16th, 2017 - 12:29 GMT

Egypt Announces Heavy Chinese Investments in Vital Projects

An Emirati man with his falcon. (Pixabay)
May 16th, 2017 - 12:02 GMT

UAE’s Non-Oil Growth to Pick Up in 2017: IMF

The clock tower at Avenue Habib Bourguiba in downtown Tunis. (File photo)
May 15th, 2017 - 06:00 GMT

Tunisia's Fight Against Corruption Can Generate Billions of Dinars: Official

A view of the Galata Tower in Istanbul. (File photo)
May 15th, 2017 - 05:00 GMT

Turkey Receives $1.7 Billion in Foreign Direct Investment; a 43 Percent Increase From 2016

People buying clothes in front of Al-Husseini Mosque on December 9, 2016, in downtown Amman. (Shutterstock)
May 15th, 2017 - 01:00 GMT

Jordanian Families Spend $1,200 Monthly - on What?

Al-Aqsa Mosque, Jerusalem. (File photo)
May 15th, 2017 - 11:30 GMT

No More Euro, Dollar or Shekel: Palestinians to Have Their Own Currency Very Soon

In April, the UAE announced a ban on the imports of specific vegetables and fruits from five Middle Eastern countries over concerns about high levels of pesticides. (AFP)
May 15th, 2017 - 10:00 GMT

UAE Ban on Food Imports Will Not Affect Ramadan Markets: Ministry

Emil Michael, Uber's Chief Business Officer, is himself Egyptian. (Fox Business/ YouTube)
May 14th, 2017 - 08:00 GMT

The Future of Uber in Egypt: Interview With Emil Michael, Chief Business Officer

Saudi Arabia's first-ever budget report shows a 115 percent increase in the country's oil revenues, reaching SR112 billion ($29.8 billion) in the first quarter of 2017. (File photo)
May 14th, 2017 - 01:39 GMT

Saudi Arabia Sees 115 Percent Increase in Oil Revenues in Q1 2017: Report

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