Banking and FinanceIssue 04 - 2024MAGAZINEChild Trust Funds: Could your money be waiting?GBO CorrespondentJanuary 13, 2025January 15, 2025 GBO CorrespondentJanuary 13, 2025January 15, 20250806 The government has made several billion pounds available from the nearly £10 billion currently held in Child Trust Fund accounts
Banking and FinanceTop StoriesOman’s 2025 budget forecasts revenue increase, driven by oil & gasGBO CorrespondentJanuary 13, 2025 GBO CorrespondentJanuary 13, 202503841 Around OMR 44 million has been set aside in the 2025 budget for Oman's Governorates Development Programme
AviationTop StoriesKing Abdulaziz International Airport continues to witness surge in passenger inflowGBO CorrespondentJanuary 10, 2025 GBO CorrespondentJanuary 10, 202502222 According to Saudi Arabia's National Tourism Strategy, the country wants to welcome 150 million tourists by 2030 and boost the tourism industry's share of the
EconomyTop StoriesSaudi economy continues to thrive as e-commerce industry grows furtherGBO CorrespondentJanuary 9, 2025January 9, 2025 GBO CorrespondentJanuary 9, 2025January 9, 202501749 The expansion is consistent with Saudi Arabia's continuous shift to a digitally driven, diversified economy, in which e-commerce is a key component
TechnologyTop StoriesTesla’s China sales rise to record high in 2024, bucking global declineGBO CorrespondentJanuary 8, 2025January 9, 2025 GBO CorrespondentJanuary 8, 2025January 9, 202502787 China is Tesla's second-largest market, and according to sales data, 36.7% of its vehicles were delivered to Chinese consumers in 2024
EnergyTop StoriesSaudi-listed ACWA Power secures USD 692 million for Egypt wind power plantGBO CorrespondentJanuary 7, 2025January 7, 2025 GBO CorrespondentJanuary 7, 2025January 7, 20250975 As a leading partner in Egypt’s NWFE programme, the EBRD has emerged as a key player in the energy component of this initiative, which was
EconomyTop StoriesSaudi Vision 2030: Analysis of Soudah Peaks, a blueprint for sustainable tourism developmentGBO CorrespondentJanuary 6, 2025 GBO CorrespondentJanuary 6, 202503444 The Saudi government has emphasised the project’s commitment to environmental sustainability, aiming to balance development with conservation
EconomyTop StoriesEgypt’s GDP growth reaches 3.5% in Q1 FY2024/25GBO CorrespondentJanuary 3, 2025 GBO CorrespondentJanuary 3, 202502070 Egypt’s Suez Canal has been witnessing a bloodbath, with its revenues nosediving by more than 60 % in 2024 compared to 2023, amounting to a
Banking and FinanceTop StoriesHomeStreet Bank offloads USD 990 million multifamily loans to Bank of AmericaGBO CorrespondentJanuary 2, 2025 GBO CorrespondentJanuary 2, 202501198 Bank of America said separately that it was also leaving NZBA, adding that it will continue to work with clients on reducing greenhouse gas emissions
EconomyTop StoriesQatar surpasses 2024 visitor target welcoming 5 million travellersGBO CorrespondentDecember 31, 2024December 31, 2024 GBO CorrespondentDecember 31, 2024December 31, 202402428 The hotel sector in Qatar now features more than 40,000 rooms, enhancing its ability to accommodate the increasing number of travellers