Top StoriesSaudi’s Zain partners Nokia to spur 5G FWA launchGBO CorrespondentJanuary 8, 2021 GBO CorrespondentJanuary 8, 202101608 60,000 FastMile 5G Gateway 3.1 units will be launched this year
EconomyTop StoriesSingapore sees surge in loans taken by firms amid pandemicGBO CorrespondentJanuary 8, 2021 GBO CorrespondentJanuary 8, 202101251 The one-fifth of the approved loans were given to the wholesale trade firms and the 16 percent of the loans were provided to the construction
Top StoriesDubai home prices increases steadily, overall market still downGBO CorrespondentJanuary 8, 2021 GBO CorrespondentJanuary 8, 202101460 The VPI for the UAE in December last year was considered stable at 65.3 points
EconomyTop StoriesIncrease in Saudi’s digital payments transactionsGBO CorrespondentJanuary 8, 2021January 8, 2021 GBO CorrespondentJanuary 8, 2021January 8, 202101668 The number of PoS devices operating in the Kingdom also surged by the 2020 end to over 700,000
Top StoriesOPEC directs Nigeria to cut crude oil production for three monthsGBO CorrespondentJanuary 7, 2021 GBO CorrespondentJanuary 7, 202101608 The OPEC has set 1.829 million barrels per day as the production for the next three months for Nigeria
Top StoriesMiddle East’s economic recovery will be modest, says World BankGBO CorrespondentJanuary 7, 2021 GBO CorrespondentJanuary 7, 202101292 The Kingdom’s IHS Market Saudi Arabia Purchasing Managers’ Index was 57 in December last year
Top StoriesShipping majors NYK, MOL focuses on sustainabilityGBO CorrespondentJanuary 7, 2021January 7, 2021 GBO CorrespondentJanuary 7, 2021January 7, 202101588 MOL is mulling to establish a new sustainability division and will roll out a separate division to plan and promote its environment and sustainability strategies
Top StoriesNetwork International appoints new CEO, Simon Haslam to retireGBO CorrespondentJanuary 7, 2021 GBO CorrespondentJanuary 7, 202101667 Nandan Mer, currently MasterCard strategy head - International Markets will serve as the new CEO and will join the group from February 1
Top StoriesInvestment in Canadian oil sector to grow exponentially this yearGBO CorrespondentJanuary 6, 2021 GBO CorrespondentJanuary 6, 202101306 The combined investments in oil sands operations and conventional oil and gas production are expected to surge nearly $21 billion this year
Top StoriesLondon-based insurer BMS establishes Asia broking operations in SingaporeGBO CorrespondentJanuary 6, 2021 GBO CorrespondentJanuary 6, 202101388 Sandra Lee has been appointed as the CEO of BMS Asia