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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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Mohamed Ali Rashid Lootah, CEO of CCCP
October 16th, 2016 - 06:04 GMT

DED to showcase ‘Business Engine’ to ensure accuracy and impartiality in business registration and licensing transactions

The source of the loan was split between  the International Bank for Reconstruction and Development and the World Bank. (File photo)
October 13th, 2016 - 05:00 GMT

Jordan inks exceptional $300M World Bank loan

Mohammed Ali Al Kamali, Deputy CEO of Dubai Exports
October 12th, 2016 - 11:35 GMT

Dubai Exports surveys Paraguay as part of growing focus on Latin America

During a joint meeting held at DC headquarters
October 12th, 2016 - 09:22 GMT

Dubai Customs receives high-level delegation from Kuwait Customs

Sultan Ahmed bin Sulayem and Dr. Michael Hwang signing the MoU
October 12th, 2016 - 09:00 GMT

Jafza and DIFC Courts make life easier for business

Saudi Aramco's move to add new potential partners to the company’s slate of future capital projects will help promote diversification and infrastructure enhancement in support of Saudi Vision 2030. (File photo)
October 12th, 2016 - 07:00 GMT

Saudi Aramco signs 18 Turkish partnership deals across multiple sectors

During the event
October 10th, 2016 - 10:42 GMT

DED launches global excellence centre and award to fortify Dubai’s Islamic economy capital initiative

Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World and Chairman of Ports, Customs and Free Zone Corporation
October 10th, 2016 - 10:36 GMT

UK-based fDi magazine recognises Jafza as “Free Zone of the Year” in three categories

During this summer,  Georgian Airways Company started operating direct flights from Dammam to the Georgian capital Tbilisi for the first time. (Wikimedia Commons)
October 10th, 2016 - 08:00 GMT

Trade, tourism between Georgia and Saudi Arabia on the rise

Lagarde explained that there is “still a little bit of implementation” to be completed before the IMF board can meet with regards to both exchange rate and to subsidies. (AFP/File)
October 10th, 2016 - 07:00 GMT

Almost there: Egypt's pre-requisites for IMF loans nearly fulfilled

Ahmed Bin Sulayem, Executive Chairman, DMCC
October 10th, 2016 - 05:02 GMT

Dubai’s DMCC awarded ‘Global Free Zone of the Year 2016’ for the second year running

The Lion of Judah statue in Addis Ababa, Ethiopia. (Wikimedia Commons)
October 10th, 2016 - 04:58 GMT

Dubai signs $50M finance deal with Ethiopia

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