Real EstateTop StoriesIs Sweden economically prepared for a real estate bloodbath?GBO CorrespondentDecember 20, 2023 GBO CorrespondentDecember 20, 202302162 Sweden, during the early 1990s, saw a financial crisis caused by its commercial real estate sector
Oil and GasTop StoriesAramco’s AI push signals major market movesGBO CorrespondentDecember 19, 2023December 15, 2023 GBO CorrespondentDecember 19, 2023December 15, 202301540 Aramco wants to invest in ways that more accurately reflect its broad market reach and enable it to react to changes in the market more
EconomyTop StoriesUAE holds interest rate steady as country set to double its growth in 2024GBO CorrespondentDecember 19, 2023December 15, 2023 GBO CorrespondentDecember 19, 2023December 15, 202301622 The report noted that the UAE’s GDP already grew by 3.7% year-on-year in the second quarter of 2022
EconomyTop StoriesSaudi Vision 2030: Kingdom postpones projects beyond deadline year to avoid inflationary pressuresGBO CorrespondentDecember 18, 2023December 15, 2023 GBO CorrespondentDecember 18, 2023December 15, 202301873 According to the International Monetary Fund, Saudi Arabia would require crude at $86 per barrel to balance its budget, a price higher than its average
TechnologyTop StoriesBoost for UAE’s ‘Cloud Computing’ dreams as it gets leadership of World Bank working groupGBO CorrespondentDecember 18, 2023December 15, 2023 GBO CorrespondentDecember 18, 2023December 15, 202301642 In 2021, almost 43% of organisations in the UAE region adopted cloud computing, compared to 49% in Western Europe and North America region
EnergyTop StoriesGo Green with GBO: Why is MENA investing in ‘Green Steel’?GBO CorrespondentDecember 15, 2023December 14, 2023 GBO CorrespondentDecember 15, 2023December 14, 202301495 MENA could benefit from other recent advances that promise to increase the production of green steel while reducing emissions and waste
FinanceTop StoriesNigeria’s foreign reserves dwindle by USD 1.65 billion following FX unificationGBO CorrespondentDecember 15, 2023December 14, 2023 GBO CorrespondentDecember 15, 2023December 14, 202301286 The main source of income for Nigeria’s external reserves is the proceeds from the sale of crude oil
AviationTop StoriesBoosting Middle East’s ‘Clean Flying’ dream further, ENOC signs SAF deal with NesteGBO CorrespondentDecember 14, 2023December 14, 2023 GBO CorrespondentDecember 14, 2023December 14, 202301432 The MoU comes after Neste and ENOC supported Emirates' 100% SAF demonstration flights onboard their Airbus A380 and Boeing 777-300ER aircraft in 2023
TechnologyTop StoriesNew update released to address WordPress’ remote code vulnerabilityGBO CorrespondentDecember 14, 2023December 14, 2023 GBO CorrespondentDecember 14, 2023December 14, 202301629 With 800 million sites, WordPress is by far the most widely used website builder available
EconomyTop StoriesMENA Watch: What is BDS and how is it affecting the Israeli economy?GBO CorrespondentDecember 13, 2023December 12, 2023 GBO CorrespondentDecember 13, 2023December 12, 202304137 Besides Israeli corporations like SodaStream, BDS has boycotted non-Israeli multinational giants it feels mistreat Palestinians