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GBO CorrespondentApril 30, 2020

Oil prices might take a massive hit; drop to zero before rebound in 2021

GBO CorrespondentApril 30, 2020
Brent prices are expected to range anywhere between $50 and $75 per...
Covid-19Oil demandOil PricesOil storage
GBO CorrespondentApril 30, 2020

Oman’s flagship petrochemical project nears completion

GBO CorrespondentApril 30, 2020
Recently, Oman Oil & Orpic Group announced the completion of a key...
energyMiddle EastMiddle East energyOmanOman energy
GBO CorrespondentApril 29, 2020

Global aviation industry faces cargo capacity shortage: IATA

GBO CorrespondentApril 29, 2020
IATA notes that there is a sharp fall in cargo capacity pointing...
cargo capacityGlobal aviationIATA
GBO CorrespondentApril 29, 2020

MTN Nigeria expands 4G coverage, gains market share

GBO CorrespondentApril 29, 2020
MTN Nigeria added 4.2-million subscribers during Q1 2020...
AfricaAfrica telecomAfrican telcoCoronavirusMTNNigeriaNigeria telecomTelecom
GBO CorrespondentApril 28, 2020

IDB Invest, Mexican Business Council to offer SMB loans up to $12 bn annually

GBO CorrespondentApril 28, 2020
Both companies have urged local commercial banks, international investors and development banks to...
business loansFinanceIDB InvestIDB Invest bondsMexican businessesMexicoSMB financeSMBs
GBO CorrespondentApril 28, 2020

Egypt to invest $114 mn to upgrade electricity network in 2021

GBO CorrespondentApril 28, 2020
The investment is for the Sinai and Suez Canal regions and Sharqeya...
AfricaAfrica EnergyCoronavirusEgyptenergyRenewable energy
GBO CorrespondentApril 27, 2020

Qatar Petroleum reserves LNG ship construction capacity in China

GBO CorrespondentApril 27, 2020
Qatar will utilise it for its future LNG carrier fleet requirements...
ChinaenergyMiddle EastQatarQatar PetroleumSoutheast Asia
GBO CorrespondentApril 24, 2020

Apple plans to release Mac computers using its own chips in 2021

GBO CorrespondentApril 24, 2020
Intel's presence across Apple's product line will reduce if the latter's move...
appleApple processorsIntelIntel processorsiPadiPhoneMac chipsMac computersTaiwan Semiconductor Manufacturing
GBO CorrespondentApril 24, 2020

Emirates announces passenger flights to Europe, Africa and SE Asia

GBO CorrespondentApril 24, 2020
Emirates will fly to Frankfurt, Jakarta, Johannesburg, Lagos, London, Tunis, Madrid and...
AviationCoronavirusDubaiDubai airlinesEmiratesMiddle EastMiddle East AirlinesUAE airlines
GBO CorrespondentApril 23, 2020

ESR and partners form $1 bn JV to invest in South Korea logistics assets

GBO CorrespondentApril 23, 2020
The partners include Dutch pension administrator APG and Canada Pension Plan Investment...
Hong KongLogisticsSouth AsiaSouth Korea
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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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