Banking and FinanceIssue 02 2023MAGAZINEOpen Banking dominates the world of fintechGBO CorrespondentJune 30, 2023June 30, 2023 GBO CorrespondentJune 30, 2023June 30, 202301377 A study has revealed that 57% of lenders have adopted the Open Banking method since the COVID outbreak
AviationTop StoriesNew A330neos, weekly Fujairah flights: SalamAir accelerates its expansionGBO CorrespondentJune 30, 2023June 29, 2023 GBO CorrespondentJune 30, 2023June 29, 202301263 By adding the A330neo to the fleet, SalamAir aims to enhance its capacity, meet the growing demands of the market, and attract more inbound tourists
Real EstateTop StoriesUS new home sales jump in May 2023, experts still sound cautionGBO CorrespondentJune 29, 2023June 29, 2023 GBO CorrespondentJune 29, 2023June 29, 20230963 New home sales rose in every region of the United States, the data suggested
TechnologyTop StoriesWill Japan follow South Korea’s way of breaking Apple, Google app store monopolies?GBO CorrespondentJune 29, 2023 GBO CorrespondentJune 29, 202301278 Japan also reportedly wants Apple and Google to stop giving privileged treatment to their own apps in their digital spaces
TechnologyTop StoriesMENA Watch: Artificial Intelligence & future of retail in Middle EastGBO CorrespondentJune 28, 2023 GBO CorrespondentJune 28, 202301625 As per a report from McKinsey, more than six out of 10 GCC businesses are using artificial intelligence for at least one function in their
TechnologyTop StoriesAmid row over its API price changes, Reddit now faces data theftGBO CorrespondentJune 28, 2023June 28, 2023 GBO CorrespondentJune 28, 2023June 28, 202301162 Hackers allegedly accessed Reddit employee information and internal documents through a highly-targeted phishing attack
EconomyTop StoriesIMF projects Oman’s economic growthGBO CorrespondentJune 27, 2023 GBO CorrespondentJune 27, 202301853 In 2022, Oman's real GDP increased by 4.3%, largely due to a robust rise in the hydrocarbon sector
EconomyTop StoriesAll eyes on BoJ as Japan’s economy registers strong growthGBO CorrespondentJune 27, 2023 GBO CorrespondentJune 27, 202301160 The better-than-expected financial results will likely fuel speculation that the Bank of Japan may initiate policy normalization after a decade of aggressive monetary easing
EconomyTop StoriesSaudi Vision 2030: Comprehensive plan for Kingdom’s diversified & advanced economyGBO CorrespondentJune 26, 2023 GBO CorrespondentJune 26, 202301751 Saudi Arabia expects a USD 16 billion return on its existing investments in research and innovation by 2030
Real EstateTop StoriesJeddah hotels experience highest occupancy since 2016, thanks to ‘Arab League Summit’GBO CorrespondentJune 26, 2023June 26, 2023 GBO CorrespondentJune 26, 2023June 26, 202301430 The research claimed that despite hotel rates being lower than the previous month, Jeddah's RevPAR was at its highest since September 2019