Banking and FinanceTop StoriesBank of Spain Governor De Cos cautions against risks in extending bank windfall taxGBO CorrespondentNovember 16, 2023 GBO CorrespondentNovember 16, 202301332 Pablo Hernandez de Cos has suggested that the Spanish banking tax should be revised as its current design has significant room for improvement
EconomyTop StoriesMENA Watch: Understanding Israel’s ‘Diplomacy Game’ with its neighboursGBO CorrespondentNovember 15, 2023 GBO CorrespondentNovember 15, 202301612 Despite having participated in the Abraham Accords, Sudan has not yet completed the signing of a treaty of normalisation with Israel
FinanceTop StoriesSaudi Arabia elevates FDI data accuracy with innovative methodologyGBO CorrespondentNovember 15, 2023 GBO CorrespondentNovember 15, 202301431 The latest figures show a significant increase in FDI in Saudi Arabia, placing the Kingdom at 16th among G20 countries in 2022 with an FDI
EconomyTop StoriesSaudi Vision 2030: When ambition turns into realityGBO CorrespondentNovember 14, 2023November 12, 2023 GBO CorrespondentNovember 14, 2023November 12, 202301597 A key pillar of Saudi Vision 2030 is the empowerment and engagement of the Saudi youth
Real EstateTop StoriesShebara Luxury: Red Sea Global unveils solar-powered resortGBO CorrespondentNovember 14, 2023November 12, 2023 GBO CorrespondentNovember 14, 2023November 12, 202302507 The first resort to be owned and run by RSG at its massive tourist project to create a Red Sea destination is the Shebara facility,
EnergyTop StoriesGo Green with GBO: Iran transitions rapidly to renewable energy despite US sanctionsGBO CorrespondentNovember 10, 2023November 9, 2023 GBO CorrespondentNovember 10, 2023November 9, 202304587 Iran is saving money by investing in solar electricity and reducing its dependence on imported oil and gas
EconomyTop StoriesFitch rates Nigeria ‘B-‘ with stable outlookGBO CorrespondentNovember 10, 2023November 9, 2023 GBO CorrespondentNovember 10, 2023November 9, 202301138 Positively, Fitch stated that reforms have advanced more quickly than expected since President Bola Tinubu's administration took office in May 2023
FinanceTop StoriesWeWork goes bankrupt: All you need to knowGBO CorrespondentNovember 9, 2023 GBO CorrespondentNovember 9, 202301555 WeWork's financial struggles have been widely known for years and are partly attributed to former CEO Adam Neumann's decisions
Real EstateTop StoriesApartments big hit among Dubai buyers, Abu Dhabi realty sees gains tooGBO CorrespondentNovember 9, 2023 GBO CorrespondentNovember 9, 202301597 Dubai Marina, Downtown, Jumeirah Village Circle, Business Bay and Palm Jumeirah emerged as the preferred spots for apartment buyers
Real EstateTop StoriesMENA Watch: Dubai’s urban planning law sets stage for bright futureGBO CorrespondentNovember 8, 2023 GBO CorrespondentNovember 8, 202301810 Property Finder reported a 43% YoY increase in real estate sales to Dh33.7bn in Dubai in August, as demand remains strong