Banking and FinanceTop StoriesBNP Paribas to explore Nordic wealthGBO CorrespondentJune 1, 2021 GBO CorrespondentJune 1, 202101334 CEO Eirik Winter considers Nordic economies have weathered the pandemic much better than the rest of the world
EconomyTop StoriesGlobal economy to recover next year: OECDGBO CorrespondentJune 1, 2021 GBO CorrespondentJune 1, 202101233 The OECD revised its 2021 global growth forecast to 5.8 percent from 5.6 percent and warned of gaping differences
Real EstateTop StoriesUAE real estate sales reach $18.6 bn from Dubai and Abu DhabiGBO CorrespondentJune 1, 2021 GBO CorrespondentJune 1, 202101442 It denotes that the sector’s hardship has come to an end and is growing rapidly
CurrencyTop StoriesChina increases foreign exchange reserve requirementGBO CorrespondentJune 1, 2021 GBO CorrespondentJune 1, 202101366 The increase has been made from five percent to seven percent and will be effective from 15 June 2021
EconomyTop StoriesNigeria’s debt is sustainable: DMOGBO CorrespondentMay 31, 2021 GBO CorrespondentMay 31, 202101292 DMO stated this despite the negative toll the debt profile is currently facing on the country’s economy
EnergyTop StoriesLNG expansion to boost Qatar’s GDP: BOAGBO CorrespondentMay 31, 2021 GBO CorrespondentMay 31, 202101432 It will also add to the fiscal surpluses to high-single digits and mid-single digits on average over 2021-2027
AviationTop StoriesKuwait Airways increases direct flights from the PhilippinesGBO CorrespondentMay 31, 2021 GBO CorrespondentMay 31, 202101602 The domestic labour market is to witness a breakthrough in the number of workers hired from the Philippines
FintechTop StoriesJapan-based IDEMIA launches its first banking cardGBO CorrespondentMay 31, 2021 GBO CorrespondentMay 31, 202101253 The card service is compliant with the JIS2 standard certified by Visa and JCB
HealthcareTop StoriesMiCare HealthTEC to secure $60 mn investment from IFC and MitsuiGBO CorrespondentMay 28, 2021May 28, 2021 GBO CorrespondentMay 28, 2021May 28, 202101993 Zuellig Pharma will continue to remain the largest shareholder of MiCare, which will be led by Moses Hee
Real EstateTop StoriesAzizi Developments’ Dubai project nears completionGBO CorrespondentMay 28, 2021May 28, 2021 GBO CorrespondentMay 28, 2021May 28, 202101229 The well-connected condominium 499-unit project, Star is located in Al Furjan and is 98% ready for handover