CurrencyTop StoriesKenya Eurobonds fall sharply after Moody’s warningGBO CorrespondentAugust 9, 2023August 8, 2023 GBO CorrespondentAugust 9, 2023August 8, 202301049 According to Moody's, Kenya will have 'substantial' debt-service obligations even after redeeming the 2024 notes
EconomyTop StoriesMENA Watch: Decoding Algeria’s resilient economy & growing regional influenceGBO CorrespondentAugust 9, 2023August 8, 2023 GBO CorrespondentAugust 9, 2023August 8, 202301124 Petroleum and natural gas exports from Algeria account for more than one-third of the nation's GDP
FinanceTop StoriesAirtel Africa to Nestle SA: Big companies face losses worth USD 385 million in NigeriaGBO CorrespondentAugust 8, 2023August 7, 2023 GBO CorrespondentAugust 8, 2023August 7, 202301615 According to Cadbury Nigeria Plc, the devaluation has also increased the cost of importing raw ingredients
FinanceTop StoriesUAE’s anti-money laundering bodies: All you need to knowGBO CorrespondentAugust 8, 2023August 7, 2023 GBO CorrespondentAugust 8, 2023August 7, 202301140 UAE Minister of Foreign Affairs Abdullah bin Zayed Al-Nahyan intended to oversee the country's plan to reduce money laundering
EconomyTop StoriesJordan’s economy witnesses huge surge in investments during H1 2023GBO CorrespondentAugust 7, 2023August 6, 2023 GBO CorrespondentAugust 7, 2023August 6, 202302257 According to government data, total investments in Jordan increased from 405.3 million dinars during the same period in 2022 to 598.2 million dinars in the
EconomyTop StoriesExpatriates: Key contributors to Saudi Arabia’s Vision 2030 transformationGBO CorrespondentAugust 7, 2023August 6, 2023 GBO CorrespondentAugust 7, 2023August 6, 202304753 To assess and validate the skills of foreign nationals, authorities have started a Professional Verification effort in Saudi Arabia's business sector
EconomyTop StoriesGo Green with GBO: Discussing Dubai’s ‘Sustainable Tourism Stamp’GBO CorrespondentAugust 4, 2023 GBO CorrespondentAugust 4, 202301316 The Dubai Sustainable Tourism Stamp nomination period for hotels will run from August 3 to August 31
Banking and FinanceTop StoriesWassim Mansouri appointed interim head of Lebanese Central BankGBO CorrespondentAugust 4, 2023August 4, 2023 GBO CorrespondentAugust 4, 2023August 4, 202301682 Speaker of the Parliament Nabih Berri, the leader of the Shi'ite Amal Movement, proposed Wassim Mansouri for election in 2020
FinanceTop StoriesFTA urges adherence to Emirate-specific VAT reporting for e-commerce supplies to avoid penaltiesGBO CorrespondentAugust 3, 2023August 2, 2023 GBO CorrespondentAugust 3, 2023August 2, 20230909 The Authority urged the taxpayers to consider the pertinent laws and the FTA's clarifications before submitting their subsequent VAT returns
AviationTop StoriesSaudia expands fleet with Airbus A321neo AircraftGBO CorrespondentAugust 3, 2023August 3, 2023 GBO CorrespondentAugust 3, 2023August 3, 202301369 Saudia is striving toward its objectives of developing into an industry-leading airline by collaborating with Airbus and growing its fleet