UAE to invest 40 billion euro in Germany as Berlin looks for new geopolitical partners
The 40-billion-euro (USD 46.48 billion) sum will complement the UAE's existing investment...
Category Economy
Kenya to get USD 400 million World Bank assistance to fight Ebola, El Nino
Kenya applied for the World Bank's emergency financing facility, known as a...
Iran war derails South African economy as GDP shrinks in second quarter
The GDP contracted 0.2%, mainly driven by output falls in the mining...
With dual-tranche dollar sukuk, Saudi returns to international Islamic debt markets
The five- and 10-year Islamic bonds give the Kingdom access to international...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
G20 meet: Saudi finance minister sounds caution over global economy’s health
Mohammed Al-Jadaan's comments came against the backdrop of a renewed flare-up in...
AI’s rapid advance threatens global financial stability, says key watchdog
FSB Chair Andrew Bailey said AI systems were acquiring sophisticated problem-solving abilities...
Former FX diplomat sees red as Japan spends record USD 96.5 billion to support yen
Yen's ongoing weakness is threatening profits at Japan's heavyweight exporters, apart from...
AI effect? One in three British employers have cut entry-level jobs, says survey
As per the survey of Lancaster University's Work Foundation, almost half of...
IMF praises global economy’s resilience against energy shock
As per the watchdog, the 'tug of war' between the negative energy...
China boosts rare earth supply to US ahead of Xi Jinping-Donald Trump meeting
Yttrium, found in China in large numbers, is used in specialty alloys...