EconomyTop StoriesSouth African economy projected to grow less than 5% in 2021GBO CorrespondentDecember 24, 2021 GBO CorrespondentDecember 24, 20210546 From a 5.1% prediction, GDP is growing at the rate of 4.9%
EnergyTop StoriesHitachi Energy wins its first one-of-a-kind contract for subsea power transmissionGBO CorrespondentDecember 24, 2021 GBO CorrespondentDecember 24, 20210568 It is also the first HVDC power-from-shore solution outside Norwegian waters
InsuranceTop StoriesUAE insurance protection extension attracting GCC employeesGBO CorrespondentDecember 23, 2021 GBO CorrespondentDecember 23, 20210584 Out of 19,808 employees, 6,903 are working outside their countries
Islamic FinanceTop StoriesMaking money transfer simpler and beneficial for allGBO CorrespondentDecember 23, 2021 GBO CorrespondentDecember 23, 202101087 The company has 119 branches and offers remittance services to customers which include retail transactions, cash currencies and corporate transactions at the best rates
TelecomTop StoriesBrazil gearing up for a 5G launchGBO CorrespondentDecember 23, 2021 GBO CorrespondentDecember 23, 20210530 The 5G spectrum sale has recorded as many as 818 transactions this year
TechnologyTop StoriesNigerian vehicle startup MAX raises $31mn to expand across AfricaGBO CorrespondentDecember 22, 2021 GBO CorrespondentDecember 22, 20210633 The funds will also be used to build EV infrastructure
Real EstateTop StoriesDubai’s sustainable homes give visitors a personal carbon footprint at checkoutGBO CorrespondentDecember 22, 2021 GBO CorrespondentDecember 22, 20210692 These homes allow visitors, residents and international tourists to experience sustainable living
FintechTop StoriesVisa announces the acquisition of CurrencycloudGBO CorrespondentDecember 22, 2021 GBO CorrespondentDecember 22, 20210728 Currencycloud is a global platform that enables banks and fintech to provide innovatively foreign exchange solution
Ports and ShippingTop StoriesThe Abdulaziz royal port route that connects Dammam and China beginsGBO CorrespondentDecember 21, 2021 GBO CorrespondentDecember 21, 20210795 The new service is offered by a group of vessels by Pacific International Lines, Regional Container Lines, and CULines
AviationTop StoriesDubai International Airport reaches 100% operational capacityGBO CorrespondentDecember 21, 2021 GBO CorrespondentDecember 21, 20210611 The Dubai airport CEO said that the number of visitors is expected to exceed the pre-pandemic levels