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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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Terrorist bombings negatively affected trading in the Egyptian Stock Exchange. (AFP/Khaled Desouki)
April 11th, 2017 - 02:04 GMT

Egypt’s stock market tumbles following church bombings

The complex, which is located 45km east of Jijel, is worth over $2 billion and will help to achieve Algeria's self-sufficiency in iron and steel products. (Pixabay)
April 11th, 2017 - 10:50 GMT

Algeria, Qatar team up to launch massive steel complex

A total of 288 labor protests were organised in Jordan in 2016, up from 236 protests in the previous year, which could suggest a decline in the socio-economic situation in Jordan. (AFP/Khalil Mazraawi)
April 11th, 2017 - 10:14 GMT

Jordan sees 22 percent rise in labor protests in 2016: Report

The best performing sub-sector in Dubai in the past quarter was wholesale and retail, followed by travel and tourism and construction. (AFP/Karim Sahib)
April 11th, 2017 - 09:22 GMT

Dubai's private sector achieves strongest quarter in two years

Turkey wants to reduce its energy import dependence and focus more on local energy resources. (File photo)
April 11th, 2017 - 08:35 GMT

Turkey reshapes its energy strategy, moves towards local resources

Emirates’ half-year profits plunged 75 percent last year, leading to a 21 percent plunge in the carrier's brand value.
 (AFP/Ishara Kodikara)
April 11th, 2017 - 07:40 GMT

Dubai’s Emirates no longer Middle East’s most valuable brand: Report

Mohammed Ali Rashed Lootah, CEO of CCCP
April 11th, 2017 - 07:34 GMT

Apple Inc. praises Dubai Economy for protecting intellectual property

During the event
April 11th, 2017 - 05:21 GMT

Abu Dhabi Ports and Jaheziya collaborate to provide Enhanced Maritime Training Courses

Saudi Arabia has announced that no income tax will be imposed on Saudi citizens under the economic reforms being introduced in the oil-rich kingdom. (AFP/Fayez Nureldine)
April 10th, 2017 - 12:04 GMT

Saudi Arabia announces tax-free income for Saudi citizens

Oman Oil Company headquarter building in Muscat, Oman. (Shutterstock)
April 10th, 2017 - 11:46 GMT

Oman mulls short-term job contracts for Omanis, expats

Palestinians work at the office of Red Crow, a startup that monitors security developments and sends real-time alerts to clients. (AFP/Abbas Momani)
April 10th, 2017 - 10:12 GMT

Middle East’s startups raise over $1.4B funds: Report

Group Photo after the signing
April 10th, 2017 - 07:39 GMT

Jafza partners with multinationals to train fresh Emirati graduates

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