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GBO CorrespondentSeptember 23, 2021

India and UAE bilateral trade to reach $100 bn in five years

GBO CorrespondentSeptember 23, 2021
UAE was India’s third-largest trading partner with trade reaching $59.12 bn during...
Bilateral tradeCovid-19IndiaUAEUAE Economy
GBO CorrespondentSeptember 23, 2021

Shanghai reports strong growth in the export of container and container ships

GBO CorrespondentSeptember 23, 2021
From January to August, Shanghai exported 245,000 containers...
ChinaCovid-19ShanghaiShipping
GBO CorrespondentSeptember 22, 2021

Shell’s Brazilian subsidiary to invest $565 mn in renewables till 2025

GBO CorrespondentSeptember 22, 2021
Most of the capital investment is primarily related to solar energy projects...
BrazilBrazil renewable energyLatin America energyNatural gasPetrobrasRenewable energyShellsolar energy
GBO CorrespondentSeptember 21, 2021

Retail giant Amazon to provide 1,500 job vacancies in the UAE

GBO CorrespondentSeptember 21, 2021
Amazon Web Services will launch three data centres in the first half...
AmazonAmazon Web Servicese-commerceJobsMiddle East e-commerce
GBO CorrespondentSeptember 21, 2021

Chinese ride hailing giant DiDi officially launches in Egypt

GBO CorrespondentSeptember 21, 2021
The company will operate Wasalny+ services that will directly compete with Uber...
company launchDidiEgyptride-hailing appUber
GBO CorrespondentSeptember 21, 2021

Thailand government raises debt ceiling to fight Covid-19

GBO CorrespondentSeptember 21, 2021
This debt ceiling has been increased from 60% to 70%...
Covid-19Economygovernment policiesThailandThailand Economy
GBO CorrespondentSeptember 20, 2021

Huawei to invest $15 mn in the Middle East cloud computing program

GBO CorrespondentSeptember 20, 2021
The project is titled Cloud Oasis Program and will assist 3000 experts...
Cloud ComputingHuaweiHuawei Cloud OasisInvestmentMiddle East
GBO CorrespondentSeptember 20, 2021

Dubai property prices on a rise as residential units decrease

GBO CorrespondentSeptember 20, 2021
The next phase of market recovery is largely dependent on high rises...
Covid-19DubaiDubai real estateMiddle East real estateReal EstateUAEUAE real estate
GBO CorrespondentSeptember 20, 2021

JP Morgan to launch its highly-anticipated digital bank Chase in the UK

GBO CorrespondentSeptember 20, 2021
The firm plans to expand its presence in Europe and LatAm...
BankingChasedigital bankingEuropeJP MorganJP Morgan EuropeJP Morgan UKLatam
GBO CorrespondentSeptember 17, 2021

Blackstone in talks to acquire VFS Global for $1bn

GBO CorrespondentSeptember 17, 2021
VFS Global is 90% owned by Swedish Private Equity and 10% by...
Asset ManagementBlackstoneDubaiVFS Global
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GBO Apr-Jun 2025 IssueCURRENT
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Trump’s $2 trillion deals recast US-Gulf relationsBeyond the dollar signs, Donald Trump’s Middle East agreements are poised to reshape the region’s development trajectory…

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UK’s Revolut weighs buying US bank in push for global expansion


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