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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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Islamist-linked violence rocked Algeria in the 1990s but has since waned, although armed groups remain active in some parts of the country where they mount attacks on security forces. (AFP/File)
April 16th, 2017 - 03:02 GMT

Algeria has to improve its national security if it wants to attract more investments: EU

Standard Chartered said in its report on Lebanon that it expects GDP growth to pick up marginally to 1.5 percent in 2017, from an estimated 1 percent in 2016. (AFP/File)
April 16th, 2017 - 01:32 GMT

Lebanon's political scene is changing, so is its economy

Turkey's Prime Minister Binali Yildirim. (AFP/Adem Altan)
April 16th, 2017 - 12:47 GMT

Turkey's economy grew twice as much as Europe, despite unrest: PM

Sheikh Hamdan bin Mohammed bin Rashid al Maktoum together with his father Sheikh Mohammed bin Rashid al Maktoum (left) visiting the "Virtual Future" exhibition in Dubai on 9 February 2014. (AFP/File)
April 16th, 2017 - 10:43 GMT

Dubai will celebrate its last paper transaction in 2021: Sheikh Hamdan

Canada received more than 11,600 Saudi students in 2015, placing Saudi Arabia in the 6th rank among countries sending their students to Canada. (YouTube)
April 16th, 2017 - 09:56 GMT

Saudi Arabia strengthens education, healthcare ties with Canada

Qatar's labor rights record was questioned by many after it won the bid to host the 2022 World Cup. (AFP/ File)
April 16th, 2017 - 09:06 GMT

2022 World Cup will improve living, job conditions of Qatar's expat workers: Survey

The clock is ticking but 69 percent of GCC businesses may still not be prepared for VAT introduction in January 2018. (Pixabay)
April 16th, 2017 - 08:07 GMT

69 percent of GCC businesses still not prepared for VAT: Report

Lebanese protesters hold a Lebanese national flag on which is written in Arabic, "We are all refugees" on July 18, 2016 in the capital Beirut. (AFP/Joseph Eid)
April 14th, 2017 - 05:00 GMT

Lebanon needs $10B in infrastructure aid to cope with Syrian refugees: PM

Tunisia's Prime Minister Youssef Chahed. (AFP/File)
April 13th, 2017 - 07:00 GMT

Tunisia announces new investment law aimed at boosting economy, fighting unemployment

Saudi Arabia is tapping international and domestic markets to help finance a budget deficit that may reach $53 billion this year. (Shutterstock)
April 13th, 2017 - 05:00 GMT

Saudi Arabia to raise over $8B in first Islamic bond sale

Prince Alwaleed Bin Talal once again topped the list with an estimated net worth of $18.7 billion, up by $1.4 billion from last year. (AFP/Christophe Ena)
April 13th, 2017 - 02:03 GMT

The world's richest Arabs according to Forbes: 2017 list

Regional economies, including Saudi Arabia, have been hit hard by the drop in oil prices, boosting the need for reforms such as subsidy cuts and the introduction of a value-added tax (VAT). (File photo)
April 13th, 2017 - 01:03 GMT

A tax on the rich will eliminate the need for VAT in GCC: Expert

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