Award Winners 2015 – Technology - Global Business Outlook

Artificial general intelligence could slash jobs by 15-20%: Valor Capital’s Dan Schulman

GBO CorrespondentNovember 7, 2024

GBO CorrespondentNovember 7, 202401585

According to Dan Schulman, early tests at PayPal had demonstrated that employing artificial intelligence copilots to program software increased productivity by 35%

Economy Top Stories

MENA Watch: Impact of Israel’s offensive on the region’s economy

GBO CorrespondentNovember 6, 2024

GBO CorrespondentNovember 6, 202401624

The humanitarian ramifications of Israel's offensive are profound, with direct consequences for the region's long-term economic stability

Banking and Finance Top Stories

Saudi Vision 2030 to catalyse banking sector growth: Moody’s

GBO CorrespondentNovember 6, 2024

GBO CorrespondentNovember 6, 202402399

Moody's, in its most recent report, noted that the growth of Saudi Arabia's planned megaprojects will be crucial in creating enormous business and lending opportunities

Technology Top Stories

Saudi’s AI prospects brighten further PIF, Google Cloud & Aramco VC unit announce investments

GBO CorrespondentNovember 5, 2024

GBO CorrespondentNovember 5, 202403248

Saudi Arabia has made dedicated efforts to attract start-ups across sectors

China-EU tariff war: Beijing tells carmakers to pause investment in some European countries

GBO CorrespondentNovember 5, 2024

GBO CorrespondentNovember 5, 202401270

The Italian government is in talks with Chery, China's largest automaker by exports, and other Chinese automakers, including Dongfeng Motor, about potential investments

Real Estate Top Stories

Saudi Vision 2030: A new era for Kingdom’s real estate market

GBO CorrespondentNovember 4, 2024November 4, 2024

GBO CorrespondentNovember 4, 2024November 4, 202402599

International investors can now buy real estate and take part in development projects in Saudi Arabia according to Vision 2030

Economy Top Stories

IMF’s commitments to bolster support for low-income nations: Al-Jadaan

GBO CorrespondentNovember 4, 2024November 4, 2024

GBO CorrespondentNovember 4, 2024November 4, 202401152

Al-Jadaan announced the addition of a 25th seat on the IMF Executive Board, specifically designated for the African continent, marking a significant step in representation

Economy Top Stories

Go Green with GBO: Will Amsterdam’s ‘Doughnut Economy’ serve as blueprint for urban sustainability?

GBO CorrespondentNovember 1, 2024

GBO CorrespondentNovember 1, 202401667

Amsterdam's circular economy initiatives span construction, food systems, consumer goods, and transportation

Banking and Finance Top Stories

United Bank for Africa plans to operate in Saudi Arabia: Chairman Tony Elumelu

GBO CorrespondentNovember 1, 2024

GBO CorrespondentNovember 1, 202402607

United Bank for Africa Group Chairman Tony Elumelu pointed out that the Kingdom and its Public Investment Fund are becoming more interested in making investments

Energy Top Stories

MENA Watch: Sustaining competitiveness of region’s businesses through collaboration

GBO CorrespondentOctober 30, 2024

GBO CorrespondentOctober 30, 202401151

Governments in the MENA region can take the lead in creating frameworks and rules as well as offering incentives to early adopters

Go Green with GBO: The role of green…

Eyeing Gulf expansion, Goldman Sachs’s asset division bets…

Coinbase enters capital-raising market through acquisition of crypto…

Kenya Parliament passes crypto asset law to boost…

Artificial general intelligence could slash jobs by 15-20%: Valor Capital’s Dan Schulman

MENA Watch: Impact of Israel’s offensive on the region’s economy

Saudi Vision 2030 to catalyse banking sector growth: Moody’s

Saudi’s AI prospects brighten further PIF, Google Cloud & Aramco VC unit announce investments

China-EU tariff war: Beijing tells carmakers to pause investment in some European countries

Saudi Vision 2030: A new era for Kingdom’s real estate market

IMF’s commitments to bolster support for low-income nations: Al-Jadaan

Go Green with GBO: Will Amsterdam’s ‘Doughnut Economy’ serve as blueprint for urban sustainability?

United Bank for Africa plans to operate in Saudi Arabia: Chairman Tony Elumelu

MENA Watch: Sustaining competitiveness of region’s businesses through collaboration

Saudi Vision 2030: Inside Kingdom’s aggressive push to digitally archive its history

Go Green with GBO: The role of green banks in scaling climate investments

German dairy, honey, and coffee firms plan factories in Saudi Arabia

MENA Watch: Region’s digital economy becomes the ‘new oil’

Eyeing Gulf expansion, Goldman Sachs’s asset division bets big on Kuwait and Saudi Arabia