Real EstateTop StoriesInterest in home buying falls from 84% to 40% in Saudi ArabiaGBO CorrespondentMay 31, 2023May 31, 2023 GBO CorrespondentMay 31, 2023May 31, 202301068 Knight Frank, a leading independent real estate consultancy in Saudi Arabia said that there has been a significant decline in residential real estate activity
Real EstateTop StoriesUK house prices record strongest monthly increase as economy continues to face headwindsGBO CorrespondentMay 30, 2023 GBO CorrespondentMay 30, 202301224 The pessimistic house market predictions made at the beginning of 2023 are beginning to look increasingly implausible
FinanceTop StoriesForeign investment in Germany remains stable despite stagnation threatGBO CorrespondentMay 30, 2023May 30, 2023 GBO CorrespondentMay 30, 2023May 30, 202301177 Except for the Intel investment, announced investments surpassed the 2021 outcome by one billion euros, totalling 8 billion euros
EconomyTop StoriesSaudi Vision 2030: A closer look at PIF’s role in driving Saudi’s economic transformationGBO CorrespondentMay 29, 2023 GBO CorrespondentMay 29, 202305470 The Public Investment Fund is a sovereign wealth fund established by the Saudi government
Real EstateTop StoriesDubai’s DAMAC unveils new cluster MoroccoGBO CorrespondentMay 29, 2023 GBO CorrespondentMay 29, 202301171 DAMAC's Senior Vice President Niall McLoughlin stated that the new cluster is designed to bring details of the facades to the lush landscapes to life
EnergyTop StoriesGo Green with GBO: UN research presents silver line for 80% reduction in plastic wasteGBO CorrespondentMay 26, 2023 GBO CorrespondentMay 26, 202301001 The UNEP is receiving criticism for advocating the burning of plastic waste in cement kilns
EconomyTop StoriesDubai’s debt burden set to decline in 2023GBO CorrespondentMay 26, 2023May 26, 2023 GBO CorrespondentMay 26, 2023May 26, 202301255 S&P anticipates Dubai's real GDP to grow by roughly 3% this year, down from estimates of 5.0% in 2022 and 6.2% in 2021
Real EstateTop StoriesMeet SRC, the company driving Saudi’s housing sector by leveraging secondary mortgage marketGBO CorrespondentMay 25, 2023May 25, 2023 GBO CorrespondentMay 25, 2023May 25, 202301670 SRC provides capital and risk management solutions to lenders, including purchase without recourse and liquidity and hedging solutions
TechnologyTop StoriesSamsung not planning to switch from Google to BingGBO CorrespondentMay 25, 2023 GBO CorrespondentMay 25, 20230900 In April there were reports that Samsung was considering switching from Google to Bing as the default search engine on Galaxy phones
Real EstateTop StoriesBahrain’s real estate values to face growth slowdown?GBO CorrespondentMay 25, 2023 GBO CorrespondentMay 25, 202301770 The Survey and Land Registration Bureau data show that the value of real estate transactions increased by 17% YoY in Q1 2023 to BHD 243.1