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Banking and Finance

Deutsche Bank to set up regional headquarter in Saudi as its eyes Middle East expansion

GBO CorrespondentJuly 9, 2026July 9, 2026
July 9, 2026July 9, 2026427
The new regional headquarters will oversee Deutsche Bank's regional management, strategic decision-making and corporate functions across the Middle East...
Energy

Lessons from Iran war? Saudi mulls expanding oil pipeline to Red Sea

GBO CorrespondentJuly 8, 2026July 7, 2026
July 8, 2026July 7, 2026374
The East-West pipeline, which was built in the early 1980s, has become a crucial energy supply lifeline since February 2026...
Banking and Finance

HSBC to pull ‌back from riskier private credit lending as industry faces fresh crisis

GBO CorrespondentJuly 8, 2026July 7, 2026
July 8, 2026July 7, 2026293
HSBC, in May 2026, took a USD 400 million hit linked to the collapse of British mortgage lender Market Financial Solutions...

Tesla’s quarterly deliveries set record as EV giant sees revival in China, Europe

GBO CorrespondentJuly 8, 2026July 7, 2026

Microsoft joins tech layoff wave, axes 2.1% of its workforce

GBO CorrespondentJuly 7, 2026July 7, 2026

World food prices ease for second month in June 2026, key UN body says

GBO CorrespondentJuly 7, 2026July 7, 2026

Lasting regional peace key to GCC banks’ resilience, says Fitch

GBO CorrespondentJuly 7, 2026July 7, 2026

GBO Apr-Jun 2026 issue

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Magazine

ICP: Advancing Saudi Arabia’s industrial edge

Since its launch, the ICP has begun delivering tangible results across the industrial sector…

Banking and Finance

Swift starts blockchain-based ledger, to enable cross-border payments with tokenised deposits

GBO CorrespondentJuly 10, 2026July 10, 2026
July 10, 2026July 10, 2026

Deutsche Bank to set up regional headquarter in Saudi as its eyes...

GBO CorrespondentJuly 9, 2026July 9, 2026
July 9, 2026July 9, 2026

HSBC to pull ‌back from riskier private credit lending as industry faces...

GBO CorrespondentJuly 8, 2026July 7, 2026
July 8, 2026July 7, 2026

Lasting regional peace key to GCC banks’ resilience, says Fitch

GBO CorrespondentJuly 7, 2026July 7, 2026
July 7, 2026July 7, 2026

Industry

SpaceXAI launches Grok 4.5 as Elon Musk eyes agentic AI market

GBO CorrespondentJuly 10, 2026July 10, 2026
July 10, 2026July 10, 2026

Proximity to water: UAE residents’ new location choice for having homes

GBO CorrespondentJuly 9, 2026July 9, 2026
July 9, 2026July 9, 2026

Lessons from Iran war? Saudi mulls expanding oil pipeline to Red Sea

GBO CorrespondentJuly 8, 2026July 7, 2026
July 8, 2026July 7, 2026

Tesla’s quarterly deliveries set record as EV giant sees revival in China,...

GBO CorrespondentJuly 8, 2026July 7, 2026
July 8, 2026July 7, 2026

GBO Apr-Jun 2026 IssueCURRENT
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ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector…

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