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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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Oman is expected to post an OMR 3.3bn ($8.6bn) budget deficit this year due to lower oil revenues. (Scenoplus)
June 1st, 2016 - 11:00 GMT

Oman’s corporate tax hike hopes to boost coffers by $650M

Mohammed Lootah, Executive Director of CCCP
June 1st, 2016 - 09:22 GMT

DED awards ‘VIP Category’ rating to Azadea Group for success in Self Inspector campaign

Gulf leaders arrived in Jeddah on Tuesday to attend the GCC’s 16th Consultative Meeting. (Arab News/Fouzia Khan)
June 1st, 2016 - 07:00 GMT

GCC leaders establish two new bodies to boost economic integration

The anti-BDS movement has claimed several legal victories on university campuses across the US. (Facebook)
June 1st, 2016 - 04:18 GMT

Israel holds anti-BDS summit at the UN

Fahad Al Gergawi, CEO of Dubai FDI
May 31st, 2016 - 09:43 GMT

Dubai FDI-led mission tours Canada to promote partnerships in innovation and sustainability

Lebanon’s budget deficit in the first four months of this year rose to 37.2 percent of spending compared to 33.75 percent in the same period last year.  (File photo)
May 31st, 2016 - 09:00 GMT

Lebanon's primary budget deficit increases 190 percent

Fitch expects general government debt to grow to 90.5 percent of GDP in FY17, on the assumption that the pound will continue to weaken. (File photo)
May 31st, 2016 - 06:00 GMT

Fitch maintains 'B' ratings for Egypt

During the event
May 31st, 2016 - 05:42 GMT

DP World future leaders visit UAE Embassy in Singapore

The use of shocking images on cigarette packaging has been introduced in Australia. (Globedia)
May 30th, 2016 - 05:00 GMT

UAE to scare smokers with gory pictures, higher cigarette taxes

DP World
May 29th, 2016 - 08:29 GMT

DP World announces new $1.2 billion Sukuk to be listed on Nasdaq Dubai

Omar Bushahab, CEO of the Business Registration & Licensing (BRL) sector in DED
May 29th, 2016 - 05:29 GMT

DED sets new standards for licensing grocery stores to improve service quality and appearance

Last year, Iraq secured $1.7 billion in loans from the World Bank and $833 million from the IMF. (YouTube)
May 26th, 2016 - 11:24 GMT

Islamic Development Bank green lights $3B loan to Iraq

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