FinanceTop StoriesHere is what UBS has to say about a possible ‘Trump 2.0’GBO CorrespondentOctober 1, 2024 GBO CorrespondentOctober 1, 202401288 Drill, Baby, Drill was Trump's pledge when he agreed to accept the Republican nomination in July 2024
EconomyTop StoriesSaudi Vision 2030: Kingdom’s USD 1.3 trillion infrastructure push aims for global appealGBO CorrespondentSeptember 30, 2024October 1, 2024 GBO CorrespondentSeptember 30, 2024October 1, 202402829 Despite the progress, Saudi Arabia’s ambitious goals come with significant challenges
Banking and FinanceTop StoriesKenya close to borrowing USD 1.5 billion from Abu DhabiGBO CorrespondentSeptember 30, 2024October 1, 2024 GBO CorrespondentSeptember 30, 2024October 1, 202402812 It is predicted that the ratio will only slightly decrease to 65.6% by 2026, and that the amount paid towards external debt will decrease to
EnergyTop StoriesThe growth of electric vehicles in Gulf region: A sustainable transformationGBO CorrespondentSeptember 27, 2024 GBO CorrespondentSeptember 27, 202402105 Consumer acceptance of electric vehicles is gradually increasing in the Gulf region
FinanceTop StoriesSri Lanka’s credit risks could stay ‘elevated,’ say Moody’s amid political change in countryGBO CorrespondentSeptember 27, 2024 GBO CorrespondentSeptember 27, 202401213 According to Moody's, although it is an improvement over 70% in 2021, that is still among the weakest across sovereigns we rate
EconomyTop StoriesSaudi Arabia, US investor relations to flourish in mining, industrial sectorsGBO CorrespondentSeptember 26, 2024September 26, 2024 GBO CorrespondentSeptember 26, 2024September 26, 202401366 Talks about potential investments in Saudi Arabia's mining and industrial sectors have begun between Bandar Alkhorayef and notable American leaders
FinanceTop StoriesCenti-millionaires in Dubai, Abu Dhabi & Riyadh to surge by 150%GBO CorrespondentSeptember 26, 2024September 26, 2024 GBO CorrespondentSeptember 26, 2024September 26, 202402060 Dubai currently holds the 15th position in Henley's top 50 cities for centi-millionaires, with 212 centi-millionaires, while Abu Dhabi, with 68 centi-millionaires, is ranked 50th
EconomyTop StoriesMENA Watch: Exploring complex dynamics of US engagementGBO CorrespondentSeptember 25, 2024 GBO CorrespondentSeptember 25, 202401487 Different engagement patterns have arisen, though, and they range between MENA countries and sub-regions, as our database makes clear
EconomyTop StoriesSaudi Arabia’s expat fee waiver fuels industrial growth, boosting GDP by 14.7%GBO CorrespondentSeptember 25, 2024 GBO CorrespondentSeptember 25, 202401474 An increase in the quantity of goods with the Saudi quality mark is indicative of higher-quality goods
Banking and FinanceTop StoriesGulf central banks slash interest rates following US Federal Reserve’s leadGBO CorrespondentSeptember 24, 2024 GBO CorrespondentSeptember 24, 202403524 After hiking it 11 times in 16 months and then holding it steady for more than a year, the Federal Reserve cut its benchmark interest