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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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The meeting was reportedly postponed on news that participation of the EU companies was weak. (File photo)
January 24th, 2017 - 11:05 GMT

Jordan-EU meeting on 'EU rules of origin' trade deal postponed indefinitely

Tourism development as part of an economic diversification strategy has helped drive demand for the food-service sector.  (AFP/Patrick Baz)
January 24th, 2017 - 10:00 GMT

Growing market, growing waistlines? GCC fast food segment worth $20B last year

Since being founded in 2012, the END Fund has raised more than $70m and supported the treatment of 100 million people at risk of neglected tropical diseases. (Shutterstock)
January 24th, 2017 - 09:00 GMT

Alwaleed Philanthropies donates $3M to END Fund to fight tropical diseases

In April of 2016, Saudi Arabia said it was considering a US-style green card system to help reduce remittances. (File photo)
January 23rd, 2017 - 08:30 GMT

Saudi Arabia denies levy on expat remittances

The proposed securities law will allow more freedom to agencies like Muscat Securities Market and Muscat Clearing and Depository Company.  (Times of Oman)
January 23rd, 2017 - 07:30 GMT

Oman's stock market watchdog proposes new securities law

During the event
January 23rd, 2017 - 06:40 GMT

Dubai Customs kicks off its “2nd Dubai Customs Week” with a seminar on Facilitation and Control in Customs Work

Led by Saudi Arabia, all GCC countries are facing mounting deficit due to the plunging oil revenue.  (Shutterstock/Clicksahead)
January 22nd, 2017 - 10:00 GMT

Oman's budget deficit reaches $12.7B

Mohammed Ali Rashed Lootah, CEO of the Commercial Compliance & Consumer Protection sector in DED
January 22nd, 2017 - 07:08 GMT

DED cracks down on illegal money transfer to Bangladesh

Economic activity in the Kuwait's non-oil sector has continued to expand, albeit at a slower pace, reflecting the impact of lower oil prices.  (Shutterstock/Riyas.net)
January 22nd, 2017 - 07:00 GMT

Oil prices push Kuwait to seek financing for the first time since 1988: IMF

Group photo of the trainees from CICPA & IRSHAD
January 22nd, 2017 - 06:46 GMT

Abu Dhabi Ports delivers IALA accredited courses to local maritime entities

Al Tayer Motors
January 22nd, 2017 - 06:38 GMT

Al Tayer Motors participates with four sporty cars

The temporary stamp duty would replace the capital gains tax, which has been postponed since May 2015. (File photo)
January 22nd, 2017 - 06:00 GMT

Egypt's stock market tumbles following news of possible stamp duty

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