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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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UAE Ministry of Economy logo
October 9th, 2016 - 01:37 GMT

Minister Al Mansoori heads UAE’s first government and economic trade delegation to the Republic of Bulgaria

Most of the investors are keen to invest in IT and industrial projects in a trend has been growing over the past few years. (Shutterstock)
October 9th, 2016 - 09:30 GMT

New tourism investments in Lebanon down, tech and industry spend up: IDAL

A giraffe in Nairobi National Park against the backdrop of Nairobi's skyline, Kenya. (Kenya Wildlife Service)
October 9th, 2016 - 07:24 GMT

Gulf investors eye opportunities in Africa

WGES 2016 is the third conference of its kind and will be held over two days on the 5th and 6th of October 2016, at the Dubai International Convention and Exhibition Centre.  (Wclimate.com)
October 6th, 2016 - 07:14 GMT

World Green Economy Summit underway in Dubai

Jordan's King Abdullah II receiving the credentials of the newly-appointed Ambassador of the Federal Republic of Germany to Jordan, Ms. Birgitta Maria Siefker-Eberle. (German Jordanian University)
October 5th, 2016 - 04:24 GMT

Jordan receives 'historic' $305.4M aid package from Germany

Brazil tops the list of Dubai’s trade partners in Latin America with the non-oil trade between the two parties accounting for 67 per cent of the emirate’s total exports and imports from the region. (Shutterstock/Marchello74)
October 3rd, 2016 - 11:30 GMT

Dubai's non-oil trade with Latin America jumps 26 percent in five years

Egypt's current foreign reserves stand at $16.564 billion, still less than half of the foreign reserves Egypt had before Hosni Mubarak's removal when they were almost $36 billion.   (File photo)
October 3rd, 2016 - 04:23 GMT

Egypt braces itself for possible pound devaluation

The program comes within the framework of the bank's Country Partnership Framework (CPF) for 2015–19, which provides about $8B for supporting Egypt's economy. (Wikimedia Commons)
October 2nd, 2016 - 11:00 GMT

Egypt: $500M World Bank agreement to focus on poorest regions

Bill Gates at the signing of Qatar Development Fund's $50m grant agreement to contribute to the capital of The Lives and Livelihoods Fund in April 2016.  (Poandpo.com)
October 2nd, 2016 - 06:00 GMT

Bill Gates' Lives and Livelihoods Fund gets off the ground in Jeddah

The World Economic Forum's report showed that geopolitical instability is undermining economic progress in the entire region. (Shutterstock)
September 29th, 2016 - 08:00 GMT

WEF's Global Competitiveness Report 2016: UAE, Qatar, Saudi Arabia in the top 30

During the event
September 29th, 2016 - 03:54 GMT

Abu Dhabi Ports announces concession agreement with COSCO SHIPPING Ports Limited

As part of the Programme, an increasing number of Syrians will receive work permits to be able to access formal jobs and decent labour conditions.  (File photo)
September 28th, 2016 - 12:00 GMT

World Bank green-lights $300M loan for Jordan

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