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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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Egypt announced a new strategy in the way the country invests in education, with new sources of funding that would allow partnerships with the private sector. (AFP photo)
April 26th, 2017 - 09:15 GMT

Egypt raises education spending by 10 percent, eyes public-private partnerships: Minister

The new ban will take effect from May 15, 2017, as unacceptable levels of pesticides were found in food imports from five Arab countries. (AFP/ Omar Salem)
April 26th, 2017 - 08:05 GMT

UAE bans import of fruits, vegetables from five Arab countries including Lebanon and Jordan

A protester holds a poster depicting Russian President Vladimir Putin and reading “Putin, killer!” during a demonstration in Istanbul, on November 27, 2015. (AFP/ Cagdas Erdogan)
April 25th, 2017 - 03:28 GMT

Opinion: Are weapons sales the key to Russia's Middle East agenda?

Egypt said it will launch a petrochemical complex, an oil refinery, an industrial complex for solar cells and another for wind turbines, as well as factories for textiles, foodstuffs, electrical appliances and motorcycles. (AFP/ Mohamed El-Shahed)
April 25th, 2017 - 10:00 GMT

Can Egypt's $20B Suez Canal projects breathe new life into its economy?

Turkish airport staff welcome Russian tourists at Antalya airport on July 9, 2016, a few months after the two countries clashed over a Russian warplane crash in Syria. (AFP/File)
April 25th, 2017 - 08:25 GMT

Turkey gets over warplane crisis, extends visa-free travel for Russians

On Saturday, Saudi King Salman made a rare reversal in cuts to financial allowances for civil servants. (AFP/ File)
April 24th, 2017 - 01:20 GMT

Saudi Arabia cuts deficit by half in first quarter of 2017

The reported ban might have been put in place due to increasing levels of chemical pesticide residues in Jordan's agricultural products. (AFP/ Menahem Kahana)
April 24th, 2017 - 10:22 GMT

Jordan seeks verification after reported UAE ban on Jordanian vegetables

Oman has now made it easier for tourists from Iran, India, China and Russia to visit the country with a new e-Visa system. (Pixabay)
April 24th, 2017 - 09:14 GMT

Oman quadruples cost of tourist visa, eases e-Visa for four countries

Last year, thousands of migrant workers in Saudi Arabia were stuck without a job or pay. The issue was particularly felt in construction companies such as Saudi Oger and Saudi Binladin. (AFP/ File)
April 24th, 2017 - 08:41 GMT

No more working for free in Saudi: New bank account plan launched for domestic workers

In April 2017, Tunisia announced a new investment law that aims to ensure equity between domestic and foreign investors. (File photo)
April 23rd, 2017 - 07:00 GMT

Tunisia's FDI up 16.6 percent in first quarter of 2017

The current balance of trade is not in Lebanon’s favor. (Shutterstock)
April 23rd, 2017 - 03:15 GMT

Lebanon struggles to reduce its trade deficit with Russia

A fresco at Quseir Amra desert castle near the capital Amman. (Pixabay)
April 23rd, 2017 - 02:34 GMT

Jordan’s revenues from tourism up 14 percent: Central Bank of Jordan

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