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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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Khalil Saqer and two CSR representatives of Dubai Customs
September 8th, 2016 - 06:02 GMT

Dubai Customs fulfils the wishes of 25 orphans of Sharjah Social Empowerment Foundation

Moody's said that the VAT will exacerbate already high inflation amid widely discussed currency devaluation. (File photo)
September 7th, 2016 - 07:06 GMT

Egypt's deficit expected to rise to 12 percent despite new VAT: Moody's

During the event
September 7th, 2016 - 05:01 GMT

Dubai Customs launches Best Media Communication Award for departments & divisions

The report also showed a drop in the amount of new work received from abroad, the 13th in as many months. (File photo)
September 6th, 2016 - 06:24 GMT

Lebanon's private sector records drop in output, new orders: BLOM

During the signing ceremony
September 6th, 2016 - 05:24 GMT

DP World wins 30-year concession for Port of Berbera in Somaliland

S&P warns that economic growth will remain relatively weak as long as the domestic political standstill persists and the Syrian civil war continues. (File photo)
September 5th, 2016 - 06:00 GMT

No negativity: S&P upgrades Lebanon outlook to stable

During the signing
September 5th, 2016 - 05:12 GMT

DED join hands with CEO Clubs Network for closer engagement with business community

Plastic waste generated in Saudi Arabia  is double the consumption rate in the GCC. (Econet.ru)
September 5th, 2016 - 04:37 GMT

Saudi Arabia's plastic consumption 20 times higher than global average

Low oil prices prompted the government to reduce spending notably, with cuts mostly hitting non-essential expenditures with little impact on the domestic economy. (Shutterstock)
September 4th, 2016 - 12:00 GMT

Kuwait posts $15.2B deficit as low oil continues to exert pressure

Jebel Ali Free Zone
September 4th, 2016 - 06:25 GMT

Jafza’s automotive and spare parts sector trade valued at US $5 Billion

During the event
September 4th, 2016 - 05:52 GMT

DED honours employees and customers for innovative suggestions and ideas

Cigarettes will be taxed at a fixed rate of 50 percent of the pack's consumer price in addition to price increases.
September 4th, 2016 - 05:18 GMT

VAT in Egypt: A guide to taxed and exempted goods

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