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GBO CorrespondentJuly 1, 2024

Saudi Vision 2030: Is Kingdom’s oil-free ambitions too grand?

GBO CorrespondentJuly 1, 2024
Ministers in the Saudi government have provided explanations for the scope reduction...
Foreign direct investmentInvestmentKingdomMoneyNEOMoilPIFSaudiSaudi Vision 2030Vision 2030
GBO CorrespondentJuly 1, 2024

Despite UK job market’s cooldown, starting wages go up 6.5% in May 2024

GBO CorrespondentJuly 1, 2024
Increased salaries have not yet translated into an economic feel-good factor due...
Bank of EnglandCovid-19InflationJobLabourSalaryUK InflationUK Jobs
GBO CorrespondentJune 28, 2024June 28, 2024

Go Green with GBO: What makes blockchain, NFTs, & Web3 unsustainable

GBO CorrespondentJune 28, 2024June 28, 2024
Mining blockchain using solar energy and other renewable energy sources is one...
BitcoinBlockchainClimate ChangeCryptocurrencyElectricityNFTsRenewable energyWeb3
GBO CorrespondentJune 28, 2024

World Bank greenlights USD 700 million financing package for Egypt

GBO CorrespondentJune 28, 2024
In March, the World Bank Group announced a three-year $6 billion programme...
Climate ChangeDevelopment Policy FinancingEconomyEgyptRenewable energyWorld Bank
GBO CorrespondentJune 27, 2024

Three new IPOs add USD 21.3 billion to UAE’s stock market capitalisation

GBO CorrespondentJune 27, 2024
As a result of the new listings and IPOs, the market became...
DubaiDubai Financial MarketFinancial MarketsInitial Public OfferingInvestorsIPOsUnited Arab Emirates
GBO CorrespondentJune 27, 2024

Saudi Arabia poised to become world’s largest construction market

GBO CorrespondentJune 27, 2024
Riyadh has emerged as a key focus area as Saudi Arabia prepares...
EconomyKingdomMohammed bin SalmanRiyadhSaudi ArabiaSaudi economySaudi Vision 2030Vision 2030
GBO CorrespondentJune 26, 2024

MENA Watch: Ooredoo-NVIDIA partnership to drive region’s AI revolution

GBO CorrespondentJune 26, 2024
Ooredoo declined to comment on the specific Nvidia technology it planned to...
Artificial IntelligenceCloudData CentreGenerative AIMENANvidiaOoredooStartupstechnologyTunisia
GBO CorrespondentJune 26, 2024

UAE Central Bank revises inflation forecast downwards for 2024

GBO CorrespondentJune 26, 2024
The non-tradable portion of the consumer basket is expected to be the...
Consumer BasketDubaiInflationUAE central bankUAE inflationUnited Arab Emirates
GBO CorrespondentJune 25, 2024

Egypt temporarily extends daily power outages to three hours

GBO CorrespondentJune 25, 2024
Officials in Egypt have attributed power cuts to the growing demand from...
Abdel Fattah al-SisiEgyptEgypt Power CutsElectricityPower CutPower Supplies
GBO CorrespondentJune 25, 2024

Rising threats target cloud apps

GBO CorrespondentJune 25, 2024
The report suggests that cloud apps are increasingly being exploited in malware...
Cloud AppsGuloaderMalwareOneDriveOutlookTelecommunications
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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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