EconomyTop StoriesUAE holds interest rate steady as country set to double its growth in 2024GBO CorrespondentDecember 19, 2023December 15, 2023 GBO CorrespondentDecember 19, 2023December 15, 202301617 The report noted that the UAE’s GDP already grew by 3.7% year-on-year in the second quarter of 2022
EconomyTop StoriesSaudi Vision 2030: Kingdom postpones projects beyond deadline year to avoid inflationary pressuresGBO CorrespondentDecember 18, 2023December 15, 2023 GBO CorrespondentDecember 18, 2023December 15, 202301871 According to the International Monetary Fund, Saudi Arabia would require crude at $86 per barrel to balance its budget, a price higher than its average
TechnologyTop StoriesBoost for UAE’s ‘Cloud Computing’ dreams as it gets leadership of World Bank working groupGBO CorrespondentDecember 18, 2023December 15, 2023 GBO CorrespondentDecember 18, 2023December 15, 202301635 In 2021, almost 43% of organisations in the UAE region adopted cloud computing, compared to 49% in Western Europe and North America region
EnergyTop StoriesGo Green with GBO: Why is MENA investing in ‘Green Steel’?GBO CorrespondentDecember 15, 2023December 14, 2023 GBO CorrespondentDecember 15, 2023December 14, 202301493 MENA could benefit from other recent advances that promise to increase the production of green steel while reducing emissions and waste
FinanceTop StoriesNigeria’s foreign reserves dwindle by USD 1.65 billion following FX unificationGBO CorrespondentDecember 15, 2023December 14, 2023 GBO CorrespondentDecember 15, 2023December 14, 202301281 The main source of income for Nigeria’s external reserves is the proceeds from the sale of crude oil
AviationTop StoriesBoosting Middle East’s ‘Clean Flying’ dream further, ENOC signs SAF deal with NesteGBO CorrespondentDecember 14, 2023December 14, 2023 GBO CorrespondentDecember 14, 2023December 14, 202301426 The MoU comes after Neste and ENOC supported Emirates' 100% SAF demonstration flights onboard their Airbus A380 and Boeing 777-300ER aircraft in 2023
TechnologyTop StoriesNew update released to address WordPress’ remote code vulnerabilityGBO CorrespondentDecember 14, 2023December 14, 2023 GBO CorrespondentDecember 14, 2023December 14, 202301625 With 800 million sites, WordPress is by far the most widely used website builder available
EconomyTop StoriesMENA Watch: What is BDS and how is it affecting the Israeli economy?GBO CorrespondentDecember 13, 2023December 12, 2023 GBO CorrespondentDecember 13, 2023December 12, 202304110 Besides Israeli corporations like SodaStream, BDS has boycotted non-Israeli multinational giants it feels mistreat Palestinians
Real EstateTop StoriesWhat to expect from Dubai’s property space in 2024? Analysts answerGBO CorrespondentDecember 13, 2023December 12, 2023 GBO CorrespondentDecember 13, 2023December 12, 202301409 Real estate consultancy Asteco saw the Dubai rental market grow at a moderate rate in the third quarter of 2023
TechnologyTop StoriesYouTube’s new ‘Pause’ feature: All you need to knowGBO CorrespondentDecember 12, 2023December 11, 2023 GBO CorrespondentDecember 12, 2023December 11, 202303570 The 'Pause' feature has been under experimentation by YouTube since October