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GBO CorrespondentSeptember 17, 2020

DP World plans to privatise Israel’s Haifa Port

GBO CorrespondentSeptember 17, 2020
Both companies will establish direct shipping route from Dubai’s massive Jebel Ali...
AsiaDP WorldIsraelThe UAE
GBO CorrespondentSeptember 17, 2020

Indonesia injects Rp 37.38 tn capital into state-owned enterprises to boost economy

GBO CorrespondentSeptember 17, 2020
Indonesia’s budget for 2021 is less than the current year’s Rp 51...
EconomyIndonesiaSouth Asia
GBO CorrespondentSeptember 17, 2020

Total’s subsidiary will develop solar energy system for Singapore LNG

GBO CorrespondentSeptember 17, 2020
The system expects to produce around 800 megawatt hours (MWh) of renewable...
energySingaporeSingapore LNGTotal
GBO CorrespondentSeptember 16, 2020

Zedcrest Investment Managers launches self-service wealth management platform in Nigeria

GBO CorrespondentSeptember 16, 2020
Zedcrest Group will provide its consummate expertise to leverage the new platform...
AfricaNigeriaWealth Management
GBO CorrespondentSeptember 16, 2020

Saudi’s PIF establishes 2 subsidiaries to boost economy

GBO CorrespondentSeptember 16, 2020
The PIF currently has net worth of $360 bn and ranks 8th...
Middle EastPIFSaudi ArabiaWealth Management
GBO CorrespondentSeptember 16, 2020

China to launch sovereign digital currency to monetize currency issuance

GBO CorrespondentSeptember 16, 2020
The digital currency is currently tested in major cities such as Shenzhen,...
AsiaBankingChinaChina currencydigital currencyPeople’s Bank of China
GBO CorrespondentSeptember 16, 2020

Petrobras restarts oil trade with Vitol and others after two years

GBO CorrespondentSeptember 16, 2020
The company will spend $40 bn between 2021 and 2025 on capital...
BrazilOil and Gasoil tradePetrobrasSouth America
GBO CorrespondentSeptember 15, 2020

Sultanate of Oman sees drop in residential and commercial property renting business

GBO CorrespondentSeptember 15, 2020
The total expat population in Oman recorded a year-on-year 2.9 percent slump...
Covid-19Middle EastMiddle East real estateOmanOman real estatePropertyreal estate Real estate
GBO CorrespondentSeptember 15, 2020

Abu Dhabi National Oil Company carries out placement to institutional investors

GBO CorrespondentSeptember 15, 2020
The placement will boost ADNOC Distribution’s free float to 20 percent...
Abu Dhabi ADNOCADNOC DistributionMiddle EastMiddle east oil and gasOil and GasThe UAE
GBO CorrespondentSeptember 15, 2020

The African Development Bank provides $27.33 mn relief package to African Union

GBO CorrespondentSeptember 15, 2020
The capital will provide technical assistance and develop the capacity for the...
AfricaAfrican Development BankAfrican UnionEconomy
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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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