EconomyTop StoriesBangladesh’s rocky journey to ‘Developing Country’ statusGBO CorrespondentSeptember 9, 2022September 9, 2022 GBO CorrespondentSeptember 9, 2022September 9, 202201408 Bangladesh has USD 39 billion in foreign exchange reserves, more than double the combined USD 18 billion of Pakistan & Sri Lanka
EnergyTop StoriesDark days ahead for pubs in United KingdomGBO CorrespondentSeptember 8, 2022 GBO CorrespondentSeptember 8, 202201103 Pubs are facing a doomsday situation, according to Frisco Group MD Heath Ball, who runs three pubs in the United Kingdom
EconomyTop StoriesUK on the brink of recession as Liz Struss assumes leadershipGBO CorrespondentSeptember 8, 2022September 7, 2022 GBO CorrespondentSeptember 8, 2022September 7, 202201042 Manufacturing fell in August as businesses struggle with soaring costs
TechnologyTop StoriesAbsher platform surpasses 26 million digital ID milestoneGBO CorrespondentSeptember 7, 2022September 7, 2022 GBO CorrespondentSeptember 7, 2022September 7, 202201473 Ministry of the Interior aims to improve e-governance in Saudi Arabia
MarketsTop StoriesEmirates Stallions, an ADX-listed company, buys shares in two interior design companiesGBO CorrespondentSeptember 7, 2022September 6, 2022 GBO CorrespondentSeptember 7, 2022September 6, 202201159 The company cites demand generated by issues with the global supply chain
EconomyTop StoriesWhat is a recession?GBO CorrespondentSeptember 6, 2022September 6, 2022 GBO CorrespondentSeptember 6, 2022September 6, 202201199 Governments bicker about definitions as the global economy contracts for the second consecutive quarter
EconomyTop StoriesIMF to finally bailout crisis-hit Sri LankaGBO CorrespondentSeptember 6, 2022September 5, 2022 GBO CorrespondentSeptember 6, 2022September 5, 202201707 The comments of the IMF were largely positive, according to Udeeshan Jonas, chief strategist at Sri Lankan investment bank CAL Group
Banking and FinanceTop StoriesOman bank launches soft token app to authenticate internet bankingGBO CorrespondentSeptember 5, 2022 GBO CorrespondentSeptember 5, 202201437 Customers can approve financial transactions using the Bank Muscat soft token app by pressing on push notifications they get on their registered mobile device
Banking and FinanceTop StoriesBahrain Islamic Bank’s new initiative brings cheers to corporatesGBO CorrespondentSeptember 5, 2022September 5, 2022 GBO CorrespondentSeptember 5, 2022September 5, 202201638 Recent update of Bahrain Islamic Bank will enable all businesses and institutions to take advantage of the feature
Banking and FinanceThe rebound of Kuwait forex reservesGBO CorrespondentSeptember 2, 2022September 6, 2022 GBO CorrespondentSeptember 2, 2022September 6, 202201079 Kuwait's gold reserves, which the World Gold Reserve Council estimates to be around 79 tonnes, have remained constant as in all previous years