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GBO CorrespondentFebruary 3, 2020

Dubai property prices to rebound despite new additions

GBO CorrespondentFebruary 3, 2020
Experts believe property prices will rebound due to positive market sentiment and...
DubaiDubai property marketDubai real estateMiddle EastMiddle East real estateProperty MarketReal EstateUAEUAE real estate
GBO CorrespondentJanuary 31, 2020

Egypt’s SDX Energy announces new gas discovery in Morocco

GBO CorrespondentJanuary 31, 2020
The North Africa-directed exploration and production firm is also getting ready to...
Africa EnergyDisouqEGASEgyptenergyGasGovernment of EgyptMoroccoNorth AfricaNorth AmericaOil and GasSalahSDX EnergySobhi
GBO CorrespondentJanuary 31, 2020

Costs of grounding 737 Max to exceed over $18 billion: Boeing

GBO CorrespondentJanuary 31, 2020
The aircraft manufacturing giant also said it would incur a further loss...
737 MAXAircraftAirlinesAviationBoeingBoeing 737 MAXcrashesgroundingNASAUS
GBO CorrespondentJanuary 30, 2020

Saudi Telecom Company unveils region’s first autonomous 5G bus

GBO CorrespondentJanuary 30, 2020
The state-owned telecom firm recently started 5G network services in the Saudi...
5GAl KhobarArtificial Intelligenceaugmented realityauto-driving busdigital revolutionEricssonGulfIDCindustrial internet of thingsKingdom of Saudi ArabiaMiddle EastMiddle East technologypublic transportSaudi Telecom CompanytechnologyVirtual Reality
GBO CorrespondentJanuary 30, 2020

Singapore’s GIC acquires stake in Myanmar’s Yoma Bank

GBO CorrespondentJanuary 30, 2020
In latest investing round, GIC and Norway’s Norfund AS will purchase around...
AsiaAsian investmentsGIC Private LimitedInternational Finance Corp (IFC)JapanMyanmarNorfund ASNorwayPhilippinesRohingyaSingaporeThailandWestern investorsWorld BankYoma Bank
GBO CorrespondentJanuary 30, 2020

HSBC mulling over withdrawing its operations in Turkey

GBO CorrespondentJanuary 30, 2020
The banking giant’s likely departure in Turkey, where it has its presence...
ArmeniaAsiaBankingBanks Association of TurkeyBNP ParibasCredit AgricoleCredit MutuelDutch lenderEuropean banksFinanceFrench lendersGreeceHSBCINGLa Banque PostaleLiraMilleis BanqueOmanTurkey
GBO CorrespondentJanuary 29, 2020

Wealthy investors exude positive outlook for 2020

GBO CorrespondentJanuary 29, 2020
67 percent of rich investors have an optimistic attitude towards their own...
AsiaEconomyhigh net worth individualsStock MarketUBS Global Wealth Management Investor Sentiment SurveyUSWealthy investors
GBO CorrespondentJanuary 29, 2020

UK gives nod to restricted 5G presence of Huawei

GBO CorrespondentJanuary 29, 2020
The Chinese telecom giant would however, not be permitted to foray into...
5GBelgiumBoris JohnsonChinaEuropean UnionHuaweiNational Security CouncilTelecomUnited KingdomUnited States
GBO CorrespondentJanuary 29, 2020

Sunseap obtains S$50 million from Temasek, ABC World Asia for solar schemes

GBO CorrespondentJanuary 29, 2020
Credit Suisse Singapore and DBS Bank performed the role of financial advisers...
ABC World AsiaAsiaCredit Suisse SingaporeDBS BankenergySingaporesolar energysolar projectsSunseapTemasekUOB’s U-Solar programme
GBO CorrespondentJanuary 29, 2020

European Union incurs loss of €170 billion a year due to tax evasion

GBO CorrespondentJanuary 29, 2020
Netherlands and Ireland are the biggest tax shelters in the EU, while...
EconomyEuropeEuropean UnionFinanceGermanyNetherlandsPolish Economic Institutetax avoidancetax evasionthe United KingdomVAT fraud
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The ‘Brexit Bill’ United Kingdom is still payingBrexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

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