Award Winners 2018 – Banking - Global Business Outlook

Despite improvement in growth outlook, South African economy faces inflation risks

GBO CorrespondentFebruary 6, 2025

GBO CorrespondentFebruary 6, 202501209

Lesetja Kganyago cautioned that with United States President Donald Trump back in the White House, protectionist policies could cloud South Africa's inflation outlook

Markets Top Stories

Puma shares plunge 18% after quarterly sales & profit miss

GBO CorrespondentFebruary 5, 2025

GBO CorrespondentFebruary 5, 202501266

Puma sales dropped 18% to 34.04 euros, their lowest level since March 2018 and on track for their worst day ever

Economy Top Stories

UAE’s growth strong, expected to remain healthy at around 4% in 2025: IMF

GBO CorrespondentFebruary 4, 2025February 4, 2025

GBO CorrespondentFebruary 4, 2025February 4, 202502140

The IMF statement predicted that despite lower oil production and fluctuating oil prices, hydrocarbon revenue would fall, but fiscal and external surpluses are projected to

Ports and Shipping Top Stories

Saudi Vision 2030: All you need to know about Kingdom’s new AROYA cruise ship

GBO CorrespondentFebruary 3, 2025

GBO CorrespondentFebruary 3, 202501806

Cruise Saudi CEO Lars Clasen highlighted the significance of AROYA’s launch, calling it a turning point for both the company and Saudi tourism

Energy Top Stories

Go Green with GBO: All you need to know about CleanO2’s CARBiNX

GBO CorrespondentJanuary 31, 2025

GBO CorrespondentJanuary 31, 202501253

By turning waste emissions into a valuable resource, CleanO2 exemplifies the principles of a circular economy, where waste is minimized, and resources are reused efficiently

Economy Top Stories

Saudi Arabia sees 60% surge in commercial registrations in 2024

GBO CorrespondentJanuary 30, 2025January 30, 2025

GBO CorrespondentJanuary 30, 2025January 30, 202504702

The report noted that by the end of 2024, there were 1,606,169 active commercial registrations in all of Saudi Arabia's regions

Economy Top Stories

MENA Watch: UAE Cabinet champions youth empowerment & innovation

GBO CorrespondentJanuary 29, 2025

GBO CorrespondentJanuary 29, 202501079

The UAE had rapid expansion, attracted top foreign talent and investment, and continued to improve its global competitiveness during this time

Real Estate Top Stories

AREIC: Pioneering innovation towards exceptional destinations

GBO CorrespondentJanuary 29, 2025

GBO CorrespondentJanuary 29, 202505363

At AREIC, quality and innovation have remained a top priority for every project, balancing today’s needs with tomorrow’s aspirations

Economy Top Stories

Saudi Foreign Minister’s historic visit to Lebanon: All you need to know

GBO CorrespondentJanuary 28, 2025

GBO CorrespondentJanuary 28, 202501390

Saudi Foreign Minister Prince Faisal bin Farhan reaffirmed Saudi Arabia's support for Lebanon and its people in a press briefing after he met with President

Real Estate Top Stories

MENA real estate activity likely to witness increase in 2025: Report

GBO CorrespondentJanuary 27, 2025

GBO CorrespondentJanuary 27, 202501788

According to Savills, the turnover of real estate investments worldwide is expected to increase by 27% to USD 952 billion in 2025 and surpass USD

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…

Despite improvement in growth outlook, South African economy faces inflation risks

Puma shares plunge 18% after quarterly sales & profit miss

UAE’s growth strong, expected to remain healthy at around 4% in 2025: IMF

Saudi Vision 2030: All you need to know about Kingdom’s new AROYA cruise ship

Go Green with GBO: All you need to know about CleanO2’s CARBiNX

Saudi Arabia sees 60% surge in commercial registrations in 2024

MENA Watch: UAE Cabinet champions youth empowerment & innovation

AREIC: Pioneering innovation towards exceptional destinations

Saudi Foreign Minister’s historic visit to Lebanon: All you need to know

MENA real estate activity likely to witness increase in 2025: Report

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