FinanceTop StoriesGoldman Sachs to layoff up to 1,800 employees despite registering strong profitsGBO CorrespondentSeptember 4, 2024September 4, 2024 GBO CorrespondentSeptember 4, 2024September 4, 202402360 Goldman Sachs reported second-quarter profit in July 2024 that more than doubled due to robust fixed-income trading and debt underwriting
FinanceTop StoriesWin for Africa as continent’s quest for fair global tax talks bears fruitGBO CorrespondentSeptember 3, 2024 GBO CorrespondentSeptember 3, 202401054 The lack of efficient institutions for international tax cooperation is a Gap in the global financial architecture
MarketsTop StoriesWalmart unveils new marketplace seller services for holiday sales boostGBO CorrespondentSeptember 3, 2024 GBO CorrespondentSeptember 3, 202401252 Walmart's marketplace division has grown to be a significant source of income as it tries to catch up to Amazon in managing sales of third
AviationTop StoriesSaudi Vision 2030: Major firms partner with King Salman Airport for ambitious projectGBO CorrespondentSeptember 2, 2024September 2, 2024 GBO CorrespondentSeptember 2, 2024September 2, 202402776 The airport's design will offer tourists and visitors a distinctive travel experience by capturing the spirit of Riyadh and reflecting Saudi culture
EconomyTop StoriesSaudi Arabia’s e-commerce sector exhibits promising futureGBO CorrespondentSeptember 2, 2024September 2, 2024 GBO CorrespondentSeptember 2, 2024September 2, 202403786 Saudi Arabia is now one of the Middle East's and North Africa's most vibrant e-commerce markets as a result of these advancements
EnergyTop StoriesGo Green with GBO: Here is how ‘CopenPay’ promotes sustainable travelGBO CorrespondentAugust 30, 2024August 30, 2024 GBO CorrespondentAugust 30, 2024August 30, 202401418 Wonderful Copenhagen emphasises that CopenPay is intended to promote sustainable behaviour by changing green activities into pay for cultural experiences
EnergyTop StoriesSouth African private power producers seek fair deal over output curbsGBO CorrespondentAugust 30, 2024 GBO CorrespondentAugust 30, 202401208 South Africa's energy regulator has received a proposal from Eskom to implement a system that would reimburse IPPs for lost income as a result of
EconomyTop StoriesEgypt’s economy shows signs of recovery despite challenges: IMFGBO CorrespondentAugust 29, 2024 GBO CorrespondentAugust 29, 202401710 The release of the IMF's review on Egypt has identified several encouraging advancements
Banking and FinanceTop StoriesGulf banks’ lending income rises to record USD 21 billion on high interest ratesGBO CorrespondentAugust 29, 2024 GBO CorrespondentAugust 29, 202404098 Kuwaiti banks drove the expansion, with their net interest income reaching USD 2.05 billion, an increase of 6.3%, over the quarter
EconomyTop StoriesMENA Watch: The evolving landscape of sports industryGBO CorrespondentAugust 28, 2024 GBO CorrespondentAugust 28, 202402436 World-class sporting events are widely available in the MENA region, which is well-known for its thrilling offerings