EnergyTop StoriesGo Green with GBO: UN research presents silver line for 80% reduction in plastic wasteGBO CorrespondentMay 26, 2023 GBO CorrespondentMay 26, 202301121 The UNEP is receiving criticism for advocating the burning of plastic waste in cement kilns
EconomyTop StoriesDubai’s debt burden set to decline in 2023GBO CorrespondentMay 26, 2023May 26, 2023 GBO CorrespondentMay 26, 2023May 26, 202301387 S&P anticipates Dubai's real GDP to grow by roughly 3% this year, down from estimates of 5.0% in 2022 and 6.2% in 2021
Real EstateTop StoriesMeet SRC, the company driving Saudi’s housing sector by leveraging secondary mortgage marketGBO CorrespondentMay 25, 2023May 25, 2023 GBO CorrespondentMay 25, 2023May 25, 202301869 SRC provides capital and risk management solutions to lenders, including purchase without recourse and liquidity and hedging solutions
TechnologyTop StoriesSamsung not planning to switch from Google to BingGBO CorrespondentMay 25, 2023 GBO CorrespondentMay 25, 20230994 In April there were reports that Samsung was considering switching from Google to Bing as the default search engine on Galaxy phones
Real EstateTop StoriesBahrain’s real estate values to face growth slowdown?GBO CorrespondentMay 25, 2023 GBO CorrespondentMay 25, 202301949 The Survey and Land Registration Bureau data show that the value of real estate transactions increased by 17% YoY in Q1 2023 to BHD 243.1
Real EstateTop StoriesMENA Watch: Boom in real estate transactions propel Oman’s economyGBO CorrespondentMay 24, 2023 GBO CorrespondentMay 24, 202301791 The Oman inflation rate dropped to 1.6% in March 2023 from 1.9% the previous month, the lowest monthly since June 2021
Banking and FinanceTop StoriesGermany’s second-biggest lender Commerzbank’s profits soar on higher interest ratesGBO CorrespondentMay 24, 2023 GBO CorrespondentMay 24, 202301568 Commerzbank said quarterly revenues fell slightly to just under 2.7 billion euros, from 2.8 billion euros in 2022
TechnologyTop StoriesMeta patches Facebook bug sending ‘friend requests’ to users, warns against fake ChatGPT adsGBO CorrespondentMay 23, 2023May 23, 2023 GBO CorrespondentMay 23, 2023May 23, 202301905 Facebook apologised for the glitch after several users complained about the massive privacy breach on the social media platform
TechnologyTop StoriesGoogle’s competitor Neeva search engine shuts downGBO CorrespondentMay 23, 2023 GBO CorrespondentMay 23, 202301549 Neeva, a 2019 startup, launched an ad-free, subscription-only search engine in the US two years ago before introducing a free tier
EconomyTop StoriesSaudi Vision 2030: Accelerating privatization for a transformative Saudi economyGBO CorrespondentMay 22, 2023 GBO CorrespondentMay 22, 202303811 The privatization program outlined in ‘Vision 2030’ aims to achieve multiple objectives