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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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Dubai Silicon Oasis Installs Smart Street Solution by Huawei
June 30th, 2016 - 07:17 GMT

Dubai Silicon Oasis installs smart street solution by Huawei

Italy has repeatedly complained that Egyptian authorities have not cooperated to find those responsible for the 28-year-old student's death. (File photo)
June 30th, 2016 - 05:44 GMT

Italy suspends aviation supplies to Egypt over Regeni murder investigation

Hassan Nasrallah claims that US sanctions will be ineffective because of Hezbollah's secure, direct income from Iran and not through Lebanese banks. (File photo)
June 30th, 2016 - 04:53 GMT

US urges Iran to stop Hezbollah funding

The Kingdom's credit rating by Moody's is currently  B1 stable.
June 29th, 2016 - 10:00 GMT

Jordan's new IMF program will give positive outlook on credit rating: Moody's

Fitch said it expects general government debt to rise to nearly 80 percent of GDP in 2016 from around 62 percent of GDP in 2015, well above the 'BBB' and 'BB' medians of around 40 percent. (File photo)
June 29th, 2016 - 05:00 GMT

Bahrain ratings suffer downgrade to junk status by Fitch

Training courses delivered to DC staff
June 28th, 2016 - 08:30 GMT

Dubai Customs employees attend 97 training courses during Q1 2016

France is Saudi Arabia's third largest trading partner. (AFP/Stephane de Sakutin)
June 28th, 2016 - 07:00 GMT

Major trade deals expected during Saudi Deputy Crown Prince's visit to France

The world's top liquefied natural gas exporter is one of the richest countries per capita but it faces a $12.8 billion budget deficit this year because of the continued lower oil and gas prices. (File photo)
June 28th, 2016 - 05:00 GMT

Qatar's foreign trade surplus slashed in half in May

Agricultural products, chemical engineering products, furniture, and garments are some of the most important Egyptian exports to Britain. (Shutterstock)
June 27th, 2016 - 11:00 GMT

Egypt's exporters fear loss of tax-free perks after Brexit

During the event
June 27th, 2016 - 08:47 GMT

DP World Group Chairman and CEO rings market opening bell to celebrate listing of USD 1.2 billion Sukuk on Nasdaq Dubai

Investors expect turbulence in the markets at least until Britain elects a new Prime Minister. (File photo)
June 27th, 2016 - 08:00 GMT

Gulf stocks plunge amid Brexit uncertainty

Lebanon's imports from Britain stand at only $600 million a year while exports to the country are valued at $40 million. (LinkedIn)
June 27th, 2016 - 05:00 GMT

Lebanon expects Brexit benefits in EU import bills

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