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GBO CorrespondentJanuary 12, 2021

Egypt records 5.1% inflation slump in 2020

GBO CorrespondentJanuary 12, 2021
The report indicates a 10.1 percent slump in the price of vegetables,...
AfricaCentral Bank of EgyptEconomyEgypt
GBO CorrespondentJanuary 12, 2021

Oman eyes fresh loans up to $2 bn from regional and local banks

GBO CorrespondentJanuary 12, 2021
The Sultanate held talks with different banks for the development in November...
Gulf International BankHSBCMiddle EastOman
GBO CorrespondentJanuary 11, 2021

NNPC seeks funds worth $1 billion to revamp Port Harcourt refinery

GBO CorrespondentJanuary 11, 2021
The repayment is expected to be completed over seven years through deliveries...
AfreximbankAfricaNigeriaNNPCOil and Gas
GBO CorrespondentJanuary 11, 2021January 12, 2021

UK, UAE gears up to fulfil clean energy goals

GBO CorrespondentJanuary 11, 2021January 12, 2021
The UAE has rolled out the world’s most innovative solar, wind and...
Clean EnergyKivercoThe UAEThe UK
GBO CorrespondentJanuary 11, 2021

Emirates NBD to launch NFC-based digital identity verification solution

GBO CorrespondentJanuary 11, 2021
The new banking NFC -based solution is known as the TruID solution...
BankingEmirates NBDfintechs VisionLabsMiddle EastSmart Engines
GBO CorrespondentJanuary 11, 2021

Dubai-based ABV closes $25 mn funding to support startups

GBO CorrespondentJanuary 11, 2021
The fund will benefit tech startups across segments such as health tech,...
ABCVJadaSaudiSVCthe EmiratesThe Middle East
GBO CorrespondentJanuary 8, 2021

Saudi’s Zain partners Nokia to spur 5G FWA launch

GBO CorrespondentJanuary 8, 2021
60,000 FastMile 5G Gateway 3.1 units will be launched this year...
AsiaMiddle EastNokiaSaudiZain
GBO CorrespondentJanuary 8, 2021

Singapore sees surge in loans taken by firms amid pandemic

GBO CorrespondentJanuary 8, 2021
The one-fifth of the approved loans were given to the wholesale trade...
AsiaEconomySingaporeSoutheast Asia
GBO CorrespondentJanuary 8, 2021

Dubai home prices increases steadily, overall market still down

GBO CorrespondentJanuary 8, 2021
The VPI for the UAE in December last year was considered stable...
DubaiMiddle EastPropertyThe UAE
GBO CorrespondentJanuary 8, 2021January 8, 2021

Increase in Saudi’s digital payments transactions

GBO CorrespondentJanuary 8, 2021January 8, 2021
The number of PoS devices operating in the Kingdom also surged by...
economy; top storiesMiddle EastSaudi Arabia
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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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Oil slips as Kurdistan crude exports resume, OPEC+ plans output hike


US agrees South Korea not a currency manipulator, Seoul says


China’s BYD forecasts exports to top 20% of 2025 sales, SCMP reports

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