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GBO CorrespondentJuly 2, 2026July 2, 2026

PIF, Mubadala lead the charge as GCC-based wealth funds supercharge profits further

GBO CorrespondentJuly 2, 2026July 2, 2026
Saudi Arabia's PIF consolidated net profit surging by 152% in 2025, reaching...
GCCGlobal SWFMubadalaPIFWealth Funds
GBO CorrespondentJuly 1, 2026July 1, 2026

Qatar’s ICT sector to surpass over USD 37 billion by 2031, projects Mordor

GBO CorrespondentJuly 1, 2026July 1, 2026
Qatar’s National Digital Agenda 2030 has allocated more than USD 2.47 billion...
AIArtificial IntelligenceAsian Games 2030ICT SectorMordorNational Digital Agenda 2030Qatar
GBO CorrespondentJuly 1, 2026July 1, 2026

Central banks set to shrink dollar holdings in 2026, finds OMFIF survey

GBO CorrespondentJuly 1, 2026July 1, 2026
Policy uncertainty from the Donald Trump administration, along with heightened geopolitical risks,...
Chinese RenminbidollarDollar HoldingsDonald TrumpeuroGoldIran WarOMFIFUnited States
GBO CorrespondentJuly 1, 2026July 1, 2026

UBS Wealth Report: Nearly one million became millionaires in 2025

GBO CorrespondentJuly 1, 2026July 1, 2026
As per the study, total personal wealth globally rose by 10.8% in...
dollarGlobal InequalityInequalityPersonal WealthUBSUBS Wealth Report
GBO CorrespondentJune 30, 2026June 29, 2026

Samsung, SK Hynix to spearhead South Korea’s new industrial strategy

GBO CorrespondentJune 30, 2026June 29, 2026
The plan, anchored by ‌Samsung Electronics and SK Hynix, marks the Lee...
AIData CentresKim Jung-KwanLee Jae MyungSamsungSemiconductorSK HynixSouth Korea
GBO CorrespondentJune 30, 2026June 29, 2026

All you need to know about Dubai Holding Real Estate’s ‘Golden Visa’ process

GBO CorrespondentJune 30, 2026June 29, 2026
Talking about the UAE’s Golden Visa, it offers long-term renewable residency for...
DubaiDubai Holding Real EstateDubai Real Estate Sector Strategy 2033Golden VisaUAE
GBO CorrespondentJune 30, 2026June 29, 2026

Tourism conferences emerge new lifeline for South Africa’s economy

GBO CorrespondentJune 30, 2026June 29, 2026
As per the tourism minister Patricia de Lille, a 2.54 billion rand...
Cyril RamaphosaPatricia de LilleSouth AfricaTourismTourism Satellite Account
GBO CorrespondentJune 29, 2026June 28, 2026

Jefferies profit misses estimates as asset management division underperforms

GBO CorrespondentJune 29, 2026June 28, 2026
American multinational independent investment bank Jefferies Financial has missed second-quarter profit estimates...
GBO CorrespondentJune 29, 2026June 28, 2026

Saudi Aramco resumes crude loading at Ras Tanura as Hormuz situation eases

GBO CorrespondentJune 29, 2026June 28, 2026
Aramco, along with other Middle Eastern producers, had been ramping up energy...
BahriIran WarRas TanuraSaudi AramcoStrait of HormuzVery Large Crude CarriersVLCC
GBO CorrespondentJune 29, 2026June 28, 2026

British aerospace parts maker Doncasters raises USD 919.3 million in US IPO

GBO CorrespondentJune 29, 2026June 28, 2026
The listing comes over six years after Doncaster's debt restructuring, when lenders...
DoncastersInitial Public OfferingIPOUnited StatesWall Street
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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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