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Intel stake gains fail to lift SoftBank’s Q1 2026 profit amid AI boom

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Qantas ends near 13-year association with low-cost carrier Jetstar Japan

GBO CorrespondentAugust 5, 2026August 5, 2026
August 5, 2026August 5, 2026155
The buyback of Qantas' 33.32% stake in the budget carrier will pave the way for a Japanese capital-led ownership structure for the low-cost carrier...
Economy

UAE GDP grows 3% in Q1 2026 as non-oil sector drives expansion

GBO CorrespondentAugust 5, 2026August 5, 2026
August 5, 2026August 5, 2026155
The contribution of non-oil activities to GDP increased to 79.4%, compared with 78.0% in 2025, underscoring the effectiveness of the UAE's diversification policies...
Real Estate

Under ADI, JPMorgan to channel USD 750 billion into American housing

GBO CorrespondentAugust 5, 2026August 5, 2026
August 5, 2026August 5, 2026138
By increasing its housing capital deployment, JPMorgan will be financing 1,000,000 affordable housing units, apart from helping 500,000 buyers purchase homes...

Egypt’s investment fund assets reach USD 9.16 billion mark in June 2026

GBO CorrespondentAugust 4, 2026August 4, 2026

Saudi non-oil economy emerges real estate’s next growth engine, says CBRE

GBO CorrespondentAugust 4, 2026August 4, 2026

OPEC+ agrees September oil hike, expresses concern over attacks on energy assets

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AI agent hacks: European Commission starts talks with OpenAI, Anthropic

GBO CorrespondentAugust 3, 2026August 3, 2026

GBO Apr-Jun 2026 issue

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The ‘Brexit Bill’ United Kingdom is still paying

Brexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

Banking and Finance

Nairobi Securities Exchange eyes launching East Africa’s first AI-focused ETF

GBO CorrespondentAugust 6, 2026August 6, 2026
August 6, 2026August 6, 2026

In world’s largest ever transaction, HSBC sells Australian loan portfolio to Blackstone

GBO CorrespondentAugust 3, 2026August 3, 2026
August 3, 2026August 3, 2026

Bank of Singapore, DBS take AI route to accelerate wealth client onboarding

GBO CorrespondentJuly 31, 2026July 31, 2026
July 31, 2026July 31, 2026

UAE bank assets reach USD 1.53 trillion in May 2026, says central...

GBO CorrespondentJuly 30, 2026July 30, 2026
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Industry

Intel stake gains fail to lift SoftBank’s Q1 2026 profit amid AI boom

GBO CorrespondentAugust 7, 2026August 6, 2026
August 7, 2026August 6, 2026

Strong growth on AI, cloud fronts push Amazon into elite USD 3...

GBO CorrespondentAugust 6, 2026August 6, 2026
August 6, 2026August 6, 2026

Qantas ends near 13-year association with low-cost carrier Jetstar Japan

GBO CorrespondentAugust 5, 2026August 5, 2026
August 5, 2026August 5, 2026

Under ADI, JPMorgan to channel USD 750 billion into American housing

GBO CorrespondentAugust 5, 2026August 5, 2026
August 5, 2026August 5, 2026

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The ‘Brexit Bill’ United Kingdom is still payingBrexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

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