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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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Demonstrators clash with riot police in Turkey's capital, Istanbul. (AFP)
May 2nd, 2017 - 03:13 GMT

Tear Gas and Molotov Cocktails Mark Labor Day Celebrations in 2017: Photos

German Chancellor Angela Merkel sitting next to US President Donald Trump's daughter, Ivanka, during Merkel's visit to the US on March 17, 2017. (AFP)
May 2nd, 2017 - 02:06 GMT

Merkel Vows to Empower Women in Saudi Arabia With $200-Million Fund

Flames rise from a pipeline in Egypt that delivers gas to Israel and Jordan after an attack by militants. (AFP/ File)
May 2nd, 2017 - 12:46 GMT

When Egypt Plays With Fire: Israel Asks for $3-Billion Compensation for 2012 Gas Cuts

The number of SMEs in Oman declined by 31.2 percent in the first quarter of 2017, according to a report by the National Centre for Statistics and Information (NCSI). (Flickr/ Luca Nebuloni)
May 2nd, 2017 - 08:13 GMT

Dramatic Drop in Number of SMEs in Oman in 2017: Report

Egypt has been struggling to boost its foreign currency reserves in the political and economic turmoil following the January 2011 uprising that toppled former president Hosni Mubarak. (AFP/ Khaled Desouki)
May 1st, 2017 - 01:27 GMT

IMF, Egypt review conditions for second installment of $12B loan

A handout picture provided by the Saudi Royal Palace shows German Chancellor Angela Merkel (L) chatting with Saudi Arabia’s King Salman (R) during a welcome ceremony in Riyadh on April 30, 2017. (AFP/ Bandar Al-Jaloud)
May 1st, 2017 - 12:27 GMT

Germany, Saudi Arabia Sign Six Major Economic Agreements During Merkel Visit

The UAE hopes to attract new industrial investments worth over $70 billion to increase the contribution of the industrial sector to the GDP from 14 percent to 25 percent by 2025. (File photo)
May 1st, 2017 - 12:02 GMT

Is $26.7 billion enough to boost Abu Dhabi's industrial sector?

Like the UAE, Qatar might enforce a ban if dangerous pesticide residues are found in food imports. (File photo)
April 30th, 2017 - 09:30 GMT

Will Qatar be next to ban food imports?

Follow Al Bawaba Business on Twitter and Facebook for breaking business news, photos and reports on topics that move the Middle East. (Al Bawaba)
April 27th, 2017 - 06:59 GMT

Iraqis Take Half of the Year Off, Saudi King Sacks Officials and the 'Business of War': Top 10 Business Stories on Al Bawaba This Week

Lamia Zribi, Tunisian Minister of Finance (L) and Angel Gurria, Secretary-General of the OECD. (OECD/ Michael Dean)
April 27th, 2017 - 04:00 GMT

Tunisia's anti-corruption plan boosts tax revenues by 15 percent: Minister

Saudi Arabia believes that the decision to restore allowances to public sector employees is broadly positive for equities and is likely to boost consumption. (AFP/ Amer Hilabi)
April 26th, 2017 - 05:00 GMT

Saudi Arabia says restoration of public sector perks is good for the economy

The mother of Mohammed Allaan, a Palestinian prisoner who was on a long-term hunger strike, holds a portrait of her son during a rally calling for his release on August 9, 2015. (AFP/ Ahmad Gharabli)
April 26th, 2017 - 12:58 GMT

Palestinian hunger strike: Calls for boycott of Israeli products in solidarity with prisoners

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