EconomyTop StoriesAs Canada-US FTA set for review, Ottawa’s top diplomat announces resignationGBO CorrespondentDecember 11, 2025 GBO CorrespondentDecember 11, 20250659 Canada sees 75% of its exports go to the United States, most of which are exempted by the USMCA trade agreement, but that deal is
TechnologyTop StoriesSaudi Arabia continues to supercharge Gulf’s AI efforts: ReportGBO CorrespondentDecember 11, 2025 GBO CorrespondentDecember 11, 202501816 During the period measured by the Global AI Index, Saudi Arabia launched a wide range of national initiatives led by SDAIA
LogisticsMENA Watch: Europe looks to Africa to offset ‘Asia Derisking’GBO CorrespondentDecember 10, 2025 GBO CorrespondentDecember 10, 20250719 Almost 80% of Tunisia's automotive component exports, such as wiring harnesses and control cables, end up in Europe
EconomyTop StoriesOman’s growth set to hit 3.1% as reforms accelerate: World BankGBO CorrespondentDecember 10, 2025December 10, 2025 GBO CorrespondentDecember 10, 2025December 10, 202502139 According to the World Bank’s latest edition of the Gulf Economic Update – Fall 2025, the UAE is expected to expand by 4.8%, followed by
EconomyTop StoriesRising food and beverage costs push Kuwait’s inflation up to 2.39%GBO CorrespondentDecember 9, 2025 GBO CorrespondentDecember 9, 202503137 In September 2025, the International Monetary Fund echoed similar views, noting that Kuwait’s economy is on a steady recovery in 2025
EconomyTop StoriesSaudi Arabia’s economy expands by 4.8% in Q3: GASTATGBO CorrespondentDecember 9, 2025 GBO CorrespondentDecember 9, 202501120 On a seasonally adjusted basis, Saudi Arabia’s GDP expanded by 1.4% in the third quarter compared to the previous three months
EconomyTop StoriesSaudi Vision 2030: Rise of Kingdom’s ‘third sector’GBO CorrespondentDecember 8, 2025December 9, 2025 GBO CorrespondentDecember 8, 2025December 9, 202502006 Saudi Arabia has come a long way under the leadership of the Crown Prince and Prime Minister, Mohammed Bin Salman
Banking and FinanceTop StoriesUAE-based Zelo secures funding worth USD 715 millionGBO CorrespondentDecember 8, 2025December 9, 2025 GBO CorrespondentDecember 8, 2025December 9, 202501295 Zelo has funded over 12,000 transactions worth USD 225 million across many sectors, including oil and gas, construction, infrastructure and retail
EnergyTop StoriesGHSO 2025: Europe sees Oman as key green energy partnerGBO CorrespondentDecember 5, 2025 GBO CorrespondentDecember 5, 20250875 Oman’s progress in energy has always been about turning challenges into opportunities
Oil and GasTop StoriesOPEC+ members reaffirm commitment to oil market stabilityGBO CorrespondentDecember 5, 2025 GBO CorrespondentDecember 5, 202502146 At a November 30 video meet, OPEC+ members reiterated that the 1.65 million-barrel-per-day voluntary cuts may be gradually eased or fully lifted, subject to market