EconomyTop StoriesUK post office reports record cash withdrawals as digital payments take a back seatGBO CorrespondentAugust 22, 2022August 22, 2022 GBO CorrespondentAugust 22, 2022August 22, 202201557 According to the Post Office, more and more people are becoming more dependent on cash as the tried and true means to manage a budget.
TechnologyTop StoriesNigeria turns towards technology to keep crude oil thieves under checkGBO CorrespondentAugust 22, 2022August 22, 2022 GBO CorrespondentAugust 22, 2022August 22, 202201522 As per reports, Nigeria lost a startling USD1 billion in revenue in the first quarter of 2022.
EconomyTop StoriesReason behind the slowdown of China’s economic growthGBO CorrespondentAugust 19, 2022 GBO CorrespondentAugust 19, 202201595 China’s growth fell short of expectations and grew by just 0.4%, compared to the earlier quarter’s 4.8%.
AviationTop StoriesUAE’s new Golden Visa rules: All you need to knowGBO CorrespondentAugust 19, 2022August 18, 2022 GBO CorrespondentAugust 19, 2022August 18, 202202018 The Golden Visa will continue to allow holders to sponsor their children at any age.
Islamic FinanceTop StoriesUAE – a popular destination for mergers & acquisitionsGBO CorrespondentAugust 18, 2022 GBO CorrespondentAugust 18, 202202016 EY MENA M&A Insights report states that UAE saw 359 M&A deals worth USD 42.6 billion in the first half of 2022.
Oil and GasTop StoriesEgypt PM Mostafa Madbouly takes big decision to boost gas exportsGBO CorrespondentAugust 18, 2022August 17, 2022 GBO CorrespondentAugust 18, 2022August 17, 202201642 The discovery of the largest field in the Mediterranean helped Egypt transition from being a net importer to an exporter.
EconomyTop StoriesBiden signs $280bn bill to make US more competitive over ChinaGBO CorrespondentAugust 17, 2022August 17, 2022 GBO CorrespondentAugust 17, 2022August 17, 202201579 The legislation sets aside USD 52 billion specifically to bolster the US computer chip sector.
Islamic FinanceTop StoriesUAE businesses raise prices as inflation bitesGBO CorrespondentAugust 17, 2022August 17, 2022 GBO CorrespondentAugust 17, 2022August 17, 202201584 UAE businesses reported cost increases of 18% for energy and utilities, 17% for raw materials, and 14% for wages and staff compensation.
MarketsTop StoriesHodlnaut suspends withdrawals: Crisis hits cryptocurrency market in SingaporeGBO CorrespondentAugust 16, 2022August 16, 2022 GBO CorrespondentAugust 16, 2022August 16, 202201644 Hodlnaut is the most recent in a long line of cryptocurrency players to have issues as a result of a strong market sell-off.
BusinessTop StoriesHow subscription billing enhances customer retentionGBO CorrespondentAugust 16, 2022August 16, 2022 GBO CorrespondentAugust 16, 2022August 16, 202201491 Businesses are adopting new technologies to keep up with changing trends to increase customer retention.