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GBO CorrespondentSeptember 30, 2024October 1, 2024

Saudi Vision 2030: Kingdom’s USD 1.3 trillion infrastructure push aims for global appeal

GBO CorrespondentSeptember 30, 2024October 1, 2024
Despite the progress, Saudi Arabia’s ambitious goals come with significant challenges...
EconomyInvestmentKingdomNEOMReal EstateRiyadhSaudi ArabiaSaudi Vision 2030TourismVision 2030
GBO CorrespondentSeptember 30, 2024October 1, 2024

Kenya close to borrowing USD 1.5 billion from Abu Dhabi

GBO CorrespondentSeptember 30, 2024October 1, 2024
It is predicted that the ratio will only slightly decrease to 65.6%...
Abu DhabiDebtFitchKenyaKenya economyKenya GDPloanoilUAEUSD
GBO CorrespondentSeptember 27, 2024

The growth of electric vehicles in Gulf region: A sustainable transformation

GBO CorrespondentSeptember 27, 2024
Consumer acceptance of electric vehicles is gradually increasing in the Gulf region...
Electric vehiclesfossil fuelsGulfGulf Cooperation CounciloilSaudi Arabia
GBO CorrespondentSeptember 27, 2024

Sri Lanka’s credit risks could stay ‘elevated,’ say Moody’s amid political change in country

GBO CorrespondentSeptember 27, 2024
According to Moody's, although it is an improvement over 70% in 2021,...
Anura Kumara DissanayakeDebtInternational Monetary FundMoody'sSri LankaTax
GBO CorrespondentSeptember 26, 2024September 26, 2024

Saudi Arabia, US investor relations to flourish in mining, industrial sectors

GBO CorrespondentSeptember 26, 2024September 26, 2024
Talks about potential investments in Saudi Arabia's mining and industrial sectors have...
EconomyGDPInvestmentsKingdomMiningSaudi ArabiaSaudi Vision 2030Vision 2030
GBO CorrespondentSeptember 26, 2024September 26, 2024

Centi-millionaires in Dubai, Abu Dhabi & Riyadh to surge by 150%

GBO CorrespondentSeptember 26, 2024September 26, 2024
Dubai currently holds the 15th position in Henley's top 50 cities for...
Abu DhabiCenti-MillionairesDubaiGulfLiquid Investable AssetsRiyadh
GBO CorrespondentSeptember 25, 2024

MENA Watch: Exploring complex dynamics of US engagement

GBO CorrespondentSeptember 25, 2024
Different engagement patterns have arisen, though, and they range between MENA countries...
Arabian PeninsulaChinaMENAMiddle EastRussiaSaudi ArabiaUAEUnited StatesWashingtonYemen
GBO CorrespondentSeptember 25, 2024

Saudi Arabia’s expat fee waiver fuels industrial growth, boosting GDP by 14.7%

GBO CorrespondentSeptember 25, 2024
An increase in the quantity of goods with the Saudi quality mark...
GDPGulfInvestmentsKingdomSaudiSaudi GDP
GBO CorrespondentSeptember 24, 2024

Gulf central banks slash interest rates following US Federal Reserve’s lead

GBO CorrespondentSeptember 24, 2024
After hiking it 11 times in 16 months and then holding it...
Central BankCentral Bank Of BahrainCentral Bank of KuwaitCentral Bank Of QatarFederal ReserveInterest ratesKuwaitSaudi Central Bank
GBO CorrespondentSeptember 24, 2024

Investors’ eyes on Egypt as nation prepares to sell government stakes in banks

GBO CorrespondentSeptember 24, 2024
The deal value is expected to be much less than the USD...
BankingCurrencydollarEgyptIMFInvestmentIPOUnited Bank
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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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