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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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DP World
October 25th, 2016 - 06:07 GMT

DP World reports 2.2% gross volume growth in the first nine months of 2016

Consultations will be held over the coming period on measures and steps needed to agree on the date of holding the summit, and extend invitations to kings, presidents and princes of Arab countries.  (Shutterstock)
October 25th, 2016 - 06:00 GMT

Jordan to host 28th Arab League Summit

The bulk of the subsidies given to Sheikh Mohammed came from a single payment scheme based on land owned rather than how the land is used. (Bloodhorse.com)
October 24th, 2016 - 12:00 GMT

Rolling in clover: Sheikh Maktoum one of biggest beneficiaries of UK farming subsidies

As GCC countries will have reviewed VAT systems and practices from across the globe, they are likely to introduce VAT systems heavily dependent on technology to ensure efficiency. (Shutterstock)
October 24th, 2016 - 07:00 GMT

When it comes to VAT, the devil is in the details: BDO Bahrain

In addition to the economic aid, the US provided $463 million in military aid to Jordan this year, bringing the total of economic and military aid to $1.275 billion. (File photo)
October 24th, 2016 - 06:00 GMT

Jordan to receive $786.8M US economic aid package

Dubai FDI workshop
October 23rd, 2016 - 09:28 GMT

Dubai FDI launches skills development programme to drive investment and support services

Remittances and capital inflows are some of the few remaining elements that keep the struggling Lebanese economy on its feet. (File photo)
October 20th, 2016 - 10:00 GMT

Remittances to Lebanon to increase this year: World Bank

Egypt is currently reviewing eligibility for a smart card system through which low income Egyptians access state-subsidised food. (File photo)
October 20th, 2016 - 09:00 GMT

Egypt mulls reintroduction of subsidies for vulnerable groups

During the event
October 20th, 2016 - 06:03 GMT

Abu Dhabi Ports exhibits its latest digital services and solutions at GITEX Tech Week 2016

The fundamental challenge for the GCC states is that they have to diversify their economies as well as create new job opportunities in non-oil sectors. (File photo)
October 20th, 2016 - 06:00 GMT

Is personal income tax the next step in GCC fiscal reform?

During the event
October 20th, 2016 - 04:19 GMT

Dubai Customs’ Smart Virtual Agent showcased at Gitex 2016

During the event
October 20th, 2016 - 03:40 GMT

Third joint environmental initiative highlights the strength of industry-wide cooperation

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