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GBO CorrespondentJanuary 6, 2025

Saudi Vision 2030: Analysis of Soudah Peaks, a blueprint for sustainable tourism development

GBO CorrespondentJanuary 6, 2025
The Saudi government has emphasised the project’s commitment to environmental sustainability, aiming...
EnvironmentGDPSaudiSaudi Vision 2030Soudah PeakssustainabilityTourismVision 2030
GBO CorrespondentJanuary 3, 2025

Egypt’s GDP growth reaches 3.5% in Q1 FY2024/25

GBO CorrespondentJanuary 3, 2025
Egypt’s Suez Canal has been witnessing a bloodbath, with its revenues nosediving...
EgyptGazaInvestmentsIsraelShipsSuez CanalTradeYemen
GBO CorrespondentJanuary 2, 2025

HomeStreet Bank offloads USD 990 million multifamily loans to Bank of America

GBO CorrespondentJanuary 2, 2025
Bank of America said separately that it was also leaving NZBA, adding...
Bank of AmericaBofACitigroupDepositsHomeStreetLoans
GBO CorrespondentDecember 31, 2024December 31, 2024

Qatar surpasses 2024 visitor target welcoming 5 million travellers

GBO CorrespondentDecember 31, 2024December 31, 2024
The hotel sector in Qatar now features more than 40,000 rooms, enhancing...
AirportFitch RatingsGCCQatarQatar TourismSaudiTourismTravellers
GBO CorrespondentDecember 31, 2024December 31, 2024

Saudi Arabia leverages project management to achieve Vision 2030 milestones

GBO CorrespondentDecember 31, 2024December 31, 2024
Over 5,000 projects totalling USD 5 trillion are currently underway, demonstrating Saudi...
businessKingdomProject ManagementSaudi ArabiaSaudi Vision 2030Vision 2030
GBO CorrespondentDecember 30, 2024

IMF agreement set to pave way for USD 1.2 billion funding for Egypt

GBO CorrespondentDecember 30, 2024
The deal, which must be approved by the IMF Executive Board, intends...
EconomyEgyptenergyeuroIMFInvestmentMacroeconomic StabilityMiddle East
GBO CorrespondentDecember 30, 2024

Over two million freelancers in Saudi Arabia join national economy

GBO CorrespondentDecember 30, 2024
The Saudi Arabian economy greatly benefits from the work of freelancers. SR72.5...
EconomyemploymentKingdomSaudi ArabiaSaudi economyUnemployment
GBO CorrespondentDecember 27, 2024

‘Paradigm Shift’ as Gulf’s urban population set to surge 30% by 2030: Report

GBO CorrespondentDecember 27, 2024
According to a recent report by the global management consulting firm Arthur...
GCCGulfKingdomPopulationSaudiVision 2030
GBO CorrespondentDecember 27, 2024

UAE Central Bank maintains GDP growth projections for 2024 at 4%

GBO CorrespondentDecember 27, 2024
The UAE’s participation in BRICS aligns with its broader economic strategy to...
BRICSEconomyGDPGulfInvestmentoilTradeUAE
GBO CorrespondentDecember 26, 2024

Saudi banks report 24% profit growth amid strong non-interest income: SAMA

GBO CorrespondentDecember 26, 2024
New dynamics have been introduced into the financial landscape by the US...
BanksFinancingFitch RatingsFundingIncomeInflationSaudiUnited States Federal Reserve
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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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