AviationTop StoriesEmirates to hire 3,000 cabin crew and 500 airport staff over the next six monthsGBO CorrespondentSeptember 17, 2021September 17, 2021 GBO CorrespondentSeptember 17, 2021September 17, 2021 The latest hire is a part of its plans to ramp up...
FeaturedTelecomTelecom giants Ooredo and CK Hutchison merge together in a $6 bn dealGBO CorrespondentSeptember 17, 2021 GBO CorrespondentSeptember 17, 2021 The merger will create a larger, commercially stronger and more competitive telecom...
TelecomTop StoriesMhnet telecom acquires Brazil’s Creral telecom to expand its presenceGBO CorrespondentSeptember 16, 2021 GBO CorrespondentSeptember 16, 2021 Presently, Mhnet telecom is present in 150 cities and has 25 thousand...
Banking and FinanceTop StoriesStandard Chartered to drive sustainable finance and capital markets in Saudi ArabiaGBO CorrespondentSeptember 16, 2021 GBO CorrespondentSeptember 16, 2021 Standard Chartered started offering banking services through its branch in Saudi Arabia...
Real EstateTop StoriesSaudi Real Estate raises $426.4 mn to finance Saudi Vision 2030 projectsGBO CorrespondentSeptember 16, 2021 GBO CorrespondentSeptember 16, 2021 The funds will be raised with the help of priority rights issues...
EnergyTop StoriesSaudi Arabia’s ACWA Power aims to raise $1.2 bn in IPOGBO CorrespondentSeptember 15, 2021 GBO CorrespondentSeptember 15, 2021 The company plans to issue 85.3 mn shares that represents 11.67% of...
EconomyTop StoriesGlobal debt reaches record high of $300 tn in Q2 as lockdown easesGBO CorrespondentSeptember 15, 2021 GBO CorrespondentSeptember 15, 2021 The rise in debt levels was the sharpest among emerging markets...
Ports and ShippingTop StoriesThe global shipping industry is making record profitsGBO CorrespondentSeptember 14, 2021 GBO CorrespondentSeptember 14, 2021 The latest jump has been caused because of a 333% hike in...
EnergyTop StoriesArab Petroleum Investment Corporation plans to invest $1 bn in green energy projectsGBO CorrespondentSeptember 14, 2021September 14, 2021 GBO CorrespondentSeptember 14, 2021September 14, 2021 The two-year investment is a part of its low-carbon footprint energy transition...
Oil and GasTop StoriesKuwait Oil Company to invest $1.6 bn on oil exploration in the next five yearsGBO CorrespondentSeptember 14, 2021September 14, 2021 GBO CorrespondentSeptember 14, 2021September 14, 2021 The company aims to increase production to four mn bpd by 2040...