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GBO CorrespondentAugust 12, 2020

China establishes oil deal with ADNOC

GBO CorrespondentAugust 12, 2020
The deal is expected to be approved by Abu Dhabi’s Supreme Petroleum...
Chinalower ZakumNasrThe UAE
GBO CorrespondentAugust 10, 2020

Aramco sees 73 % profit plunge in second quarter

GBO CorrespondentAugust 10, 2020
The company’s Q2 cash flow was recorded to be $6.1 billion and...
AramcoSaudi Arabia
GBO CorrespondentAugust 10, 2020

UK to enter recession after GDP slumps by 21%

GBO CorrespondentAugust 10, 2020
The first quarter saw a decline in the economy by 2.2 %...
Bank of EnglandChinaThe UK
GBO CorrespondentAugust 10, 2020

Saudi company Elm to acquire Tabadul for an undisclosed amount

GBO CorrespondentAugust 10, 2020
As a part of the deal, Elm will acquire 100 % shares...
Elm and TabadulSaudi Arabia
GBO CorrespondentAugust 10, 2020

Beike to raise $2 billion for its US IPO debut

GBO CorrespondentAugust 10, 2020
Beike would be valued at the top of its IPO range at...
BeikeIPOSoftBankthe US
GBO CorrespondentAugust 7, 2020

Access Bank takes over Namibian firm Cavmont Capital

GBO CorrespondentAugust 7, 2020
As a part of the agreement, Capricorn will inject $300 million into...
Access BankAfrica banksBankingCapricornCavmont CapitalNamibia
GBO CorrespondentAugust 7, 2020

Glencore scraps dividend after recording Q1 loss

GBO CorrespondentAugust 7, 2020
The company has faced debt worth $3.2 billion due to the pandemic...
GlencoreMiningSwitzerland
GBO CorrespondentAugust 7, 2020

ICON Corporate Finance becomes lead advisor for Africa fintech deal

GBO CorrespondentAugust 7, 2020
The deal is expected to boost Africa's mobile money development as it...
AfricaBeyonicFintech
GBO CorrespondentAugust 7, 2020

Oman, Tethys Oil ink exploration and production deal

GBO CorrespondentAugust 7, 2020
Tethys Oil will carry out exploration in southern Oman...
government of OmanOmanSweden
GBO CorrespondentAugust 6, 2020

MTN seeks to foray into Africa by ending its Middle Eastern operations

GBO CorrespondentAugust 6, 2020
Currently, there are 257 MTN million customers in 21 countries...
data servicesMiddle Eastmobile phones
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GBO Apr-Jun 2025 IssueCURRENT
ISSUE
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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