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GBO CorrespondentJune 20, 2024

Saudi Arabia’s international reserves reach 18-month high of USD 467.5 billion

GBO CorrespondentJune 20, 2024
Fitch Ratings announced in March that it had affirmed Saudi Arabia’s long-term...
CurrencyFitch RatingsIMFInvestmentsKingdomoilSaudi ArabiaSaudi GDP
GBO CorrespondentJune 20, 2024

Two collapsed Kenyan banks up for wind-up, liquidation activities

GBO CorrespondentJune 20, 2024
When bank failures in Kenya reached an all-time high, all nine of...
Allied CreditAri BankDiners FinanceFinanceKenyaLiquidationLoansNairobi FinanceReliance BankTrade finance
GBO CorrespondentJune 19, 2024

MENA Watch: Region’s economy stares at gloomy days ahead

GBO CorrespondentJune 19, 2024
Analysts predict that the real GDP growth for the MENA hydrocarbon exporters...
CurrencyEconomyenergyHydrocarbonInflationMENAoilUnited States Federal Reserve
GBO CorrespondentJune 19, 2024

Saudi Arabia supplies almost 40% of Japanese oil imports, says data

GBO CorrespondentJune 19, 2024
Japan PM Fumio Kishida emphasised the importance of Saudi Arabia continuing to...
energyFumio KishidaImportsJapanKuwaitMohammed bin SalmanoilQatarSaudi ArabiaSaudi oil
GBO CorrespondentJune 18, 2024June 18, 2024

ING Bank aims for 4%-5% growth by 2027 despite rising costs

GBO CorrespondentJune 18, 2024June 18, 2024
ING has stated that it will prioritize local scale in retail banking...
AEX IndexAssetsBankBankingDutchIncomeInflationING
GBO CorrespondentJune 18, 2024June 17, 2024

Houthi activities on Red Sea: Oil transportation becomes time-consuming

GBO CorrespondentJune 18, 2024June 17, 2024
Saudi Arabia and Iraq sent more crude oil to Europe via the...
AsiaHouthiMiddle EastoilRed SeaShippingTradeVessels
GBO CorrespondentJune 17, 2024

Saudi Vision 2030: Kingdom & Gulf hospitality sector poised for massive growth

GBO CorrespondentJune 17, 2024
The rise is a result of Saudi Arabia's extensive aviation connectivity initiative,...
AviationGCCGulfHospitalityInvestmentsKingdomSaudiSaudi Vision 2030Tourismtravel
GBO CorrespondentJune 17, 2024

UAE banking sector sees USD 3.76 billion in new savings deposits in Q1 2024

GBO CorrespondentJune 17, 2024
At the end of March 2024, savings deposits in the banking sector...
BankingCurrencyDirhamForeign CurrenciesSavings DepositsUAE
GBO CorrespondentJune 14, 2024

Go Green with GBO: The Japanese dominion on Australian gas

GBO CorrespondentJune 14, 2024
Japan is becoming known as a fossil fuel holdout even as the...
AustraliaCoalenergyfossil fuelsFuelFundingJapanRenewable
GBO CorrespondentJune 14, 2024

New phishing kit ‘V3B’ hitting victims across Europe

GBO CorrespondentJune 14, 2024
An assortment of software tools and resources used by cybercriminals to initiate...
CybercrimeCybercriminalsFinancial InstitutionsPasswordsPhishingV3B
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GBO Jul-Sep 2026 IssueCURRENT
ISSUE
The ‘Brexit Bill’ United Kingdom is still payingBrexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

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