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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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During the signing between Eng. Mahmood Al Bastaki, CEO of Dubai Trade and Arif Obaid Al Dehail, CEO of Trakhees
December 6th, 2016 - 04:40 GMT

Dubai Trade offers “Rosoom” e-payment solution to Trakhees

Imported goods from parties that have free trade agreements with Egypt such as the EU, the COMESA African grouping, the Arab region and Turkey would not by affected by the new decision.
December 5th, 2016 - 06:04 GMT

Egypt defends luxury import tax hike to support local industries

During the celebration
December 4th, 2016 - 07:28 GMT

Abu Dhabi Ports observes Commemoration Day and celebrates 45th National Day

During the event
December 4th, 2016 - 07:22 GMT

DP World partners with CDPQ to create us$ 3.7 billion investment platform

Algerian Prime Minister Abdelmalek Sellal: Tunisian Assembly President Mohamed Ennaceur; the Emir of Qatar, Tamim bin Hamad al-Thani; Tunisian President Beji Caid Essebsi, French Prime Minister Manuel Valls and Tunisian Prime Minister Youssef Chahed at Tunisia 2020.  (AFP/Fethi Belaid)
December 1st, 2016 - 10:00 GMT

Tunisia 2020 investment conference: 145 mega projects on offer

The finance for this water project is also in response to Jordan’s call to help in dealing with the consequences of the Syrian crisis. (AFP/File)
December 1st, 2016 - 08:00 GMT

France grants Jordan $140M soft loans for finance, water sectors

Raising the UAE flag from half-mast in front of Dubai Customs main building
November 30th, 2016 - 10:21 GMT

Flags at half-mast as Dubai Customs mourns fallen servicemen

In 2014, Egypt embarked on a plan to introduce a number of fiscal reforms, including fuel subsidy cuts that increased prices up to 78 percent, as well as imposing new taxes to ease a growing budget deficit. (File photo)
November 30th, 2016 - 05:25 GMT

Subsidies reappear in Egypt's second phase of reforms

During the event
November 30th, 2016 - 04:40 GMT

Abu Dhabi Ports welcomes Kuwaiti company to Khalifa Industrial Zone

The GCC region is one of the biggest employers of expatriates in the world, and consequently, a large source of remittances, which hit more than $80 billion in 2015. (File photo)
November 29th, 2016 - 12:00 GMT

GCC tax on expats' income and remittances would be highly regressive: IMF

Bilateral trade between Oman and Iran is likely to touch $5 billion within five years, from the current $1 billion.  (File photo)
November 29th, 2016 - 08:00 GMT

Iran's exports to Oman increase 400 percent post-sanctions

During the event
November 29th, 2016 - 04:40 GMT

DED suggestions scheme wins Gold accreditation from Ideas UK

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