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GBO CorrespondentDecember 31, 2024December 31, 2024

Saudi Arabia leverages project management to achieve Vision 2030 milestones

GBO CorrespondentDecember 31, 2024December 31, 2024
Over 5,000 projects totalling USD 5 trillion are currently underway, demonstrating Saudi...
businessKingdomProject ManagementSaudi ArabiaSaudi Vision 2030Vision 2030
GBO CorrespondentDecember 30, 2024

IMF agreement set to pave way for USD 1.2 billion funding for Egypt

GBO CorrespondentDecember 30, 2024
The deal, which must be approved by the IMF Executive Board, intends...
EconomyEgyptenergyeuroIMFInvestmentMacroeconomic StabilityMiddle East
GBO CorrespondentDecember 30, 2024

Over two million freelancers in Saudi Arabia join national economy

GBO CorrespondentDecember 30, 2024
The Saudi Arabian economy greatly benefits from the work of freelancers. SR72.5...
EconomyemploymentKingdomSaudi ArabiaSaudi economyUnemployment
GBO CorrespondentDecember 27, 2024

‘Paradigm Shift’ as Gulf’s urban population set to surge 30% by 2030: Report

GBO CorrespondentDecember 27, 2024
According to a recent report by the global management consulting firm Arthur...
GCCGulfKingdomPopulationSaudiVision 2030
GBO CorrespondentDecember 27, 2024

UAE Central Bank maintains GDP growth projections for 2024 at 4%

GBO CorrespondentDecember 27, 2024
The UAE’s participation in BRICS aligns with its broader economic strategy to...
BRICSEconomyGDPGulfInvestmentoilTradeUAE
GBO CorrespondentDecember 26, 2024

Saudi banks report 24% profit growth amid strong non-interest income: SAMA

GBO CorrespondentDecember 26, 2024
New dynamics have been introduced into the financial landscape by the US...
BanksFinancingFitch RatingsFundingIncomeInflationSaudiUnited States Federal Reserve
GBO CorrespondentDecember 26, 2024

Analysts project trouble-ridden Nigeria’s GDP growth of 3.6% in Q1 2025

GBO CorrespondentDecember 26, 2024
The refinery's planned production increase will solve long-standing problems with Nigeria's energy...
EconomyGDPNairaNigeriaNigeria economyoil
GBO CorrespondentDecember 24, 2024

UAE, Hong Kong sign MoU to expand cross-border debt issuance & investment

GBO CorrespondentDecember 24, 2024
The MoU signed by UAE and Hong Kong is anticipated to simplify...
ChinaDebtHong KongInvestmentMENAMiddle EastUAEUnited Arab Emirates
GBO CorrespondentDecember 24, 2024

Riyadh leads Saudi Arabia’s real estate surge with 20.8% rise in office rents

GBO CorrespondentDecember 24, 2024
The Kingdom's growing tourism infrastructure and high-profile events drive the hospitality industry's...
JeddahKingdomOffice RentsReal EstateRiyadhSaudiTourismTrump
GBO CorrespondentDecember 23, 2024

Saudi Vision 2030: Kingdom explores ‘Digital Partnerships’ with Germany, Japan, France

GBO CorrespondentDecember 23, 2024
At the forum’s opening, Saudi unveiled the Riyadh Declaration, a commitment to...
digital economyGermanyinternetJapanKingdomSauditechnologyVision 2030
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GBO Jul-Sep 2026 IssueCURRENT
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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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