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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 won't change foreign exchange rates it's had in place since 1986. (AFP)
February 3rd, 2016 - 01:30 GMT

Oman won't let its economy get knocked down a peg

Forecasters predict cheap oil prices will lead to economic turmoil in Saudi Arabia in 2016. (AFP)
February 3rd, 2016 - 11:30 GMT

Economic tanks running low for Saudi Arabia

The study found that the majority of Jordanians believe in the saying: “Spend and God will send.” (Shutterstock)
February 2nd, 2016 - 02:48 GMT

Jordan, a nation of overspenders: study

A Palestinian holds a placard as part of a protest during which they try to set up a tent on 8 June, 2013 near the Jewish settlement of Bat Ayin and the West Bank village of Surif, west of Hebron. (AFP/File)
February 2nd, 2016 - 11:00 GMT

BDS protesters campaign against Israel-Jordan gas deal

Al Bawaba
February 1st, 2016 - 07:18 GMT

Unhealthy future? GCC home-care market sees massive growth in demand

Items such as household appliances, food, plastics, and clothing will be affected by the new customs tax increase. (Wikimedia Commons)
January 31st, 2016 - 01:11 GMT

Egypt's tax on imports set to rise up to 40 percent

Al Bawaba
January 31st, 2016 - 06:46 GMT

Bahrain requires sizable fiscal adjustment: IMF

Al Bawaba
January 28th, 2016 - 09:30 GMT

Open sesame: Oman mulls 100 percent foreign ownership of investments

Al Bawaba
January 27th, 2016 - 02:00 GMT

The knell to sell: Bahrain MPs call for privatization of top state firms

Al Bawaba
January 27th, 2016 - 12:00 GMT

Oman to amend laws to entice foreign investment

Al Bawaba
January 27th, 2016 - 09:00 GMT

Early to bed? Saudi Arabia mulls 9pm shop closure, 40 hour work week

The initiative features four main approaches, six objectives, 15 programmes and 93 initiatives. (Shutterstock)
January 27th, 2016 - 08:00 GMT

Dubai's Health Strategy 2021: Medical tourism and a gold standard in health

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