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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 has recently witnessed an acute shortage in imported medicines after their prices increased. (AFP/Anwar Amro)
December 22nd, 2016 - 08:00 GMT

Egypt's pharmacists plead for presidential intervention against medicines price hike

Although a lower deficit in 2016 is encouraging, Saudi Arabia faces a tough task to balance its budget by 2020. (File photo)
December 22nd, 2016 - 07:00 GMT

Saudi Arabia's 2017 budget: More spending cuts expected

During the event
December 22nd, 2016 - 06:12 GMT

Dubai Customs launches the Drug Smart Encyclopedia

The BTA head said that stores everywhere, including in malls, are witnessing low sales this festive season due to low purchasing power.  (Shutterstock)
December 22nd, 2016 - 06:00 GMT

Lebanon's retailers wait in vain for a post-election boost

Minister of Planning and International Cooperation Imad Fakhoury signs a loan agreement with Japan’s Ambassador to Jordan Shuichi Sakurai. (Jordan Times)
December 22nd, 2016 - 05:27 GMT

Jordan receives $254M soft loan from Japan

Egypt received the first tranche of the loan, worth $1 billion, in September. (File photo)
December 21st, 2016 - 09:00 GMT

Egypt: World Bank to release second billion-dollar loan tranche

Under the deal, Syrian refugees have been exempted from work permit fees and they will continue to have  refugee-status and receive aid from the UNHCR. (File photo)
December 21st, 2016 - 06:00 GMT

Jordan companies begin compliance process under new EU exports deal

During the event
December 20th, 2016 - 10:12 GMT

Dubai Customs receives Spanish delegation

The AfDB loan is intended to support government programmes that aim to achieve social and economic development by creating new jobs and improving the business environment. (File photo)
December 20th, 2016 - 09:00 GMT

Egypt receives second tranche of $500M from AfDB

During the event
December 19th, 2016 - 05:19 GMT

Dubai SME and Tejari join hands to boost SME participation in government procurement

Car exports represent 4.8 percent of Turkey's total exports in 2014. (Borsatek)
December 18th, 2016 - 11:17 GMT

Turkey eyes $70B trade with Middle East in 2017

Moody’s report is part of a series of 2017 credit outlooks that provide insight into next year’s credit conditions across all sectors. (File photo)
December 18th, 2016 - 08:00 GMT

Negative outlook for MENA non-financial corporates in 2017: Moody's

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