Banking and FinanceTop StoriesOman’s 2025 budget forecasts revenue increase, driven by oil & gasGBO CorrespondentJanuary 13, 2025 GBO CorrespondentJanuary 13, 2025 Around OMR 44 million has been set aside in the 2025 budget...
AviationTop StoriesKing Abdulaziz International Airport continues to witness surge in passenger inflowGBO CorrespondentJanuary 10, 2025 GBO CorrespondentJanuary 10, 2025 According to Saudi Arabia's National Tourism Strategy, the country wants to welcome...
EconomyTop StoriesSaudi economy continues to thrive as e-commerce industry grows furtherGBO CorrespondentJanuary 9, 2025January 9, 2025 GBO CorrespondentJanuary 9, 2025January 9, 2025 The expansion is consistent with Saudi Arabia's continuous shift to a digitally...
TechnologyTop StoriesTesla’s China sales rise to record high in 2024, bucking global declineGBO CorrespondentJanuary 8, 2025January 9, 2025 GBO CorrespondentJanuary 8, 2025January 9, 2025 China is Tesla's second-largest market, and according to sales data, 36.7% of...
EnergyTop StoriesSaudi-listed ACWA Power secures USD 692 million for Egypt wind power plantGBO CorrespondentJanuary 7, 2025January 7, 2025 GBO CorrespondentJanuary 7, 2025January 7, 2025 As a leading partner in Egypt’s NWFE programme, the EBRD has emerged...
EconomyTop StoriesSaudi Vision 2030: Analysis of Soudah Peaks, a blueprint for sustainable tourism developmentGBO CorrespondentJanuary 6, 2025 GBO CorrespondentJanuary 6, 2025 The Saudi government has emphasised the project’s commitment to environmental sustainability, aiming...
EconomyTop StoriesEgypt’s GDP growth reaches 3.5% in Q1 FY2024/25GBO CorrespondentJanuary 3, 2025 GBO CorrespondentJanuary 3, 2025 Egypt’s Suez Canal has been witnessing a bloodbath, with its revenues nosediving...
Banking and FinanceTop StoriesHomeStreet Bank offloads USD 990 million multifamily loans to Bank of AmericaGBO CorrespondentJanuary 2, 2025 GBO CorrespondentJanuary 2, 2025 Bank of America said separately that it was also leaving NZBA, adding...
EconomyTop StoriesQatar surpasses 2024 visitor target welcoming 5 million travellersGBO CorrespondentDecember 31, 2024December 31, 2024 GBO CorrespondentDecember 31, 2024December 31, 2024 The hotel sector in Qatar now features more than 40,000 rooms, enhancing...
EconomyTop StoriesSaudi Arabia leverages project management to achieve Vision 2030 milestonesGBO CorrespondentDecember 31, 2024December 31, 2024 GBO CorrespondentDecember 31, 2024December 31, 2024 Over 5,000 projects totalling USD 5 trillion are currently underway, demonstrating Saudi...