EconomyTop StoriesSaudi Vision 2030: Is everything going smoothly for Kingdom’s diversification drive?GBO CorrespondentMay 6, 2024 GBO CorrespondentMay 6, 20240333 In April 2024, Saudi Arabia announced that it would reduce the capacity of its USD 1.5 trillion futuristic and green megacity, NEOM
FinanceTop StoriesMcDonald’s missed quarterly profit amid inflation & geopolitical falloutsGBO CorrespondentMay 6, 2024May 6, 2024 GBO CorrespondentMay 6, 2024May 6, 20240318 McDonald's revenue rose 5% to USD 6.17 billion in the January-March 2024 period
EnergyTop StoriesGo Green with GBO: Solar panels & Iran’s pursuit towards a ‘Clean Future’GBO CorrespondentMay 3, 2024May 2, 2024 GBO CorrespondentMay 3, 2024May 2, 20240299 Solar panels can save around 0.27 cubic meters of natural gas and 0.22 litres of water in addition to preventing the release of 560 grams
EconomyTop StoriesWhat impact will higher interest rates have on Japan economy? Analyst answersGBO CorrespondentMay 3, 2024May 2, 2024 GBO CorrespondentMay 3, 2024May 2, 20240343 Japan has one of the highest government debt-to-GDP ratios in the world, having more than tripled from 85% in 1994 to nearly 260% now
EconomyTop StoriesDigital access to unlock Africa’s potential: Kenya President William RutoGBO CorrespondentMay 2, 2024May 1, 2024 GBO CorrespondentMay 2, 2024May 1, 20240404 Kenya President William Ruto noted that only 19 undersea cables connect Africa to the rest of the world's internet, a fact he deemed insignificant in
EnergyTop StoriesFIFA partnership, JV with Rongsheng petrochemicals: Aramco continues to fly higherGBO CorrespondentMay 2, 2024May 1, 2024 GBO CorrespondentMay 2, 2024May 1, 20240311 Aramco has now signed a joint venture pact with China-based Rongsheng Petrochemical to advance its liquids-to-chemicals strategy
EnergyTop StoriesMENA Watch: To boost its nascent EV industry, Saudi Arabia to secure lithium from abroadGBO CorrespondentMay 1, 2024 GBO CorrespondentMay 1, 20240337 Lithium is a very important mineral that happens to be part of a very important part of the supply chain, especially for batteries
FinanceTop StoriesDubai SME to provide assistance to businesses affected by weather conditionsGBO CorrespondentMay 1, 2024 GBO CorrespondentMay 1, 20240274 The new program delays loan repayment for impacted Dubai SME members who own businesses, and offers interest-free business loans for material damages
Banking and FinanceTop StoriesBank of England’s CCP exam makes stress testing more than a tick box exerciseGBO CorrespondentApril 30, 2024 GBO CorrespondentApril 30, 20240570 The Bank of England is highlighting the significance of data-driven risk management techniques
TechnologyTop StoriesPublic sector projects at risk due to lack of AI skills: ReportGBO CorrespondentApril 30, 2024 GBO CorrespondentApril 30, 20240471 Salesforce bases its findings on a different Deloitte study that suggests AI could save hundreds of millions of government agencies money and effort