EconomyTop StoriesUnited States current account deficit hits record high in Q3 2024, economists issue warningGBO CorrespondentDecember 20, 2024 GBO CorrespondentDecember 20, 202402237 At USD 1.833 trillion for fiscal 2024, the United States budget deficit increased by 8% from fiscal 2023 and reached its highest level since the
EconomyTop StoriesJapan’s factory activity softens for sixth straight month, PMI showsGBO CorrespondentDecember 20, 2024 GBO CorrespondentDecember 20, 202401484 The manufacturing and service sector activity-based au Jibun Bank flash Japan composite PMI increased from 50.1 in November to 50.8 in December
TechnologyTop StoriesSnap starts program to support MENA region’s creator agenciesGBO CorrespondentDecember 19, 2024 GBO CorrespondentDecember 19, 202401838 Through the Snap Partner Programme, advertisers and creator agencies may learn more about Snap Creators and the prospects for collaboration that can help them run
FinanceTop StoriesQatar unveils state budget for 2025, focuses on strategic developmentGBO CorrespondentDecember 19, 2024 GBO CorrespondentDecember 19, 202401920 At an upcoming news conference, Minister HE Ali bin Ahmed Al Kuwari is expected to go over additional information about the State of Qatar's general
EconomyTop StoriesForeign reserves propel Saudi assets to USD 435 billion as Kingdom’s GDP rises 2.8%GBO CorrespondentDecember 18, 2024 GBO CorrespondentDecember 18, 202404731 Saudi Arabia’s imports were 7.3% higher year on year and 3.8% higher than in Q2 2024
TechnologyTop StoriesAdobe shares fall as revenue forecast triggers concerns on delayed AI returnsGBO CorrespondentDecember 18, 2024 GBO CorrespondentDecember 18, 202402142 Adobe's advancements in video generation technology put it in direct competition with OpenAI's Sora, which creates ChatGPT
TechnologyTop StoriesSam Altman-led OpenAI fires back at Elon Musk’s bid to block for-profit conversionGBO CorrespondentDecember 17, 2024December 16, 2024 GBO CorrespondentDecember 17, 2024December 16, 202401426 Elon Musk claimed OpenAI was planning to displace competitors and control the market for generative artificial intelligence
Real EstateTop StoriesBritish property asking prices fall, headwinds remain for 2025GBO CorrespondentDecember 17, 2024December 16, 2024 GBO CorrespondentDecember 17, 2024December 16, 202401314 The number of agreed sales was 22% higher than the previous year while the demand for new buyers rose by 13%
FinanceTop StoriesSaudi Arabia to deliver financially streamlined FIFA World Cup 2034GBO CorrespondentDecember 16, 2024 GBO CorrespondentDecember 16, 202401945 FIFA emphasised Saudi Arabia's competitive pricing, excluding costs like prize money and team participation fees
EconomyTop StoriesEgypt to strengthen IPO programme with 10 offerings in 2025: PM Mostafa MadboulyGBO CorrespondentDecember 16, 2024 GBO CorrespondentDecember 16, 202401585 Egypt PM Mostafa Madbouly stated that despite geopolitical tensions and regional crises, Egypt had a successful year of tourism growth