EconomyTop StoriesSlump in retail sales, grom OECD outlook: UK economy suffers fresh setbacksGBO CorrespondentMay 7, 2024 GBO CorrespondentMay 7, 202401027 The UK economy is now forecast to expand by 0.4% in 2024, a downgrade from the OECD's previous projection for 0.7% growth
TechnologyTop StoriesFPT to construct USD 200 million AI factory in Vietnam with NvidiaGBO CorrespondentMay 7, 2024 GBO CorrespondentMay 7, 202402710 To build high-tech human resources, FPT will integrate Nvidia's programmes into university and high school curricula as part of the partnership
EconomyTop StoriesSaudi Vision 2030: Is everything going smoothly for Kingdom’s diversification drive?GBO CorrespondentMay 6, 2024 GBO CorrespondentMay 6, 202402000 In April 2024, Saudi Arabia announced that it would reduce the capacity of its USD 1.5 trillion futuristic and green megacity, NEOM
FinanceTop StoriesMcDonald’s missed quarterly profit amid inflation & geopolitical falloutsGBO CorrespondentMay 6, 2024May 6, 2024 GBO CorrespondentMay 6, 2024May 6, 202401940 McDonald's revenue rose 5% to USD 6.17 billion in the January-March 2024 period
EnergyTop StoriesGo Green with GBO: Solar panels & Iran’s pursuit towards a ‘Clean Future’GBO CorrespondentMay 3, 2024May 2, 2024 GBO CorrespondentMay 3, 2024May 2, 202401616 Solar panels can save around 0.27 cubic meters of natural gas and 0.22 litres of water in addition to preventing the release of 560 grams
EconomyTop StoriesWhat impact will higher interest rates have on Japan economy? Analyst answersGBO CorrespondentMay 3, 2024May 2, 2024 GBO CorrespondentMay 3, 2024May 2, 202401307 Japan has one of the highest government debt-to-GDP ratios in the world, having more than tripled from 85% in 1994 to nearly 260% now
EconomyTop StoriesDigital access to unlock Africa’s potential: Kenya President William RutoGBO CorrespondentMay 2, 2024May 1, 2024 GBO CorrespondentMay 2, 2024May 1, 202401714 Kenya President William Ruto noted that only 19 undersea cables connect Africa to the rest of the world's internet, a fact he deemed insignificant in
EnergyTop StoriesFIFA partnership, JV with Rongsheng petrochemicals: Aramco continues to fly higherGBO CorrespondentMay 2, 2024May 1, 2024 GBO CorrespondentMay 2, 2024May 1, 202401330 Aramco has now signed a joint venture pact with China-based Rongsheng Petrochemical to advance its liquids-to-chemicals strategy
EnergyTop StoriesMENA Watch: To boost its nascent EV industry, Saudi Arabia to secure lithium from abroadGBO CorrespondentMay 1, 2024 GBO CorrespondentMay 1, 202401608 Lithium is a very important mineral that happens to be part of a very important part of the supply chain, especially for batteries
FinanceTop StoriesDubai SME to provide assistance to businesses affected by weather conditionsGBO CorrespondentMay 1, 2024 GBO CorrespondentMay 1, 202401404 The new program delays loan repayment for impacted Dubai SME members who own businesses, and offers interest-free business loans for material damages