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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 event
September 4th, 2016 - 05:16 GMT

DP World signs MoU with Summa Group in Russia

In June, a bipartisan assembly of lawmakers voted to block the transfer of cluster bombs to Saudi Arabia after reports emerged of their use on Yemeni civilians. (AFP/File)
September 1st, 2016 - 11:00 GMT

US legislators urge delay in $1.1B arms sale to Saudi Arabia

The removal of the name from the blacklist was done in a record time of 1.5 years after their U.S. lawyer followed the case closely. (AFP/Paul J Richards)
September 1st, 2016 - 08:00 GMT

Reputation restored: US removes Lebanon's DK Group from trade blacklist

MoUs were also signed on the construction of a new city in Al-Asfar suburb, and on the Silk Road executive development program. (Saudi Press Agency)
August 31st, 2016 - 04:17 GMT

Saudi Deputy Crown Prince's visit to China kicks off with 15 new bilateral agreements signed

Kuwait spent KD300m ($995.8m) for treatment of citizens abroad between January 1 and August 15, according to local reports. (File photo)
August 30th, 2016 - 07:30 GMT

Kuwait to cover $1.06B out of $497.9B of unpaid overseas hospital bills

The government originally proposed the tax rate to be 14 per cent but agreed to comprise the rate by one per cent to meet the demands of MPs calling for a lower rate. (Wikimedia Commons)
August 29th, 2016 - 11:00 GMT

Egypt's lawmakers agree on 13 percent VAT rate

Khalifa Port
August 28th, 2016 - 06:08 GMT

Khalifa Port grows wider and deeper in major expansion plan

Ahmed Al Awadi, Director of Consumer Protection Division in DED
August 28th, 2016 - 05:31 GMT

DED asks retailers to abide by listed prices of school stationery

The scale of corruption in the wheat scandal is estimated at one billion pounds. (PressTV)
August 28th, 2016 - 04:00 GMT

Egypt's Minister of Supplies resigns amidst wheat corruption probe

During the opening
August 25th, 2016 - 10:57 GMT

DED launches second cycle of DSES Customer Service Week

Maryam Khalifa Al Shamsi, Head of Women's Committee at Dubai Customs
August 25th, 2016 - 10:43 GMT

Dubai Customs provides a unique platform for women empowerment

During the event
August 25th, 2016 - 05:14 GMT

DED and Health magazine join hands to promote healthcare excellence awards

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