EconomyTop StoriesSaudi economy continues to thrive as e-commerce industry grows furtherGBO CorrespondentJanuary 9, 2025January 9, 2025 GBO CorrespondentJanuary 9, 2025January 9, 2025 The expansion is consistent with Saudi Arabia's continuous shift to a digitally...
FinanceTop StoriesIMF agreement set to pave way for USD 1.2 billion funding for EgyptGBO CorrespondentDecember 30, 2024 GBO CorrespondentDecember 30, 2024 The deal, which must be approved by the IMF Executive Board, intends...
EconomyTop StoriesOver two million freelancers in Saudi Arabia join national economyGBO CorrespondentDecember 30, 2024 GBO CorrespondentDecember 30, 2024 The Saudi Arabian economy greatly benefits from the work of freelancers. SR72.5...
EconomyTop StoriesUAE Central Bank maintains GDP growth projections for 2024 at 4%GBO CorrespondentDecember 27, 2024 GBO CorrespondentDecember 27, 2024 The UAE’s participation in BRICS aligns with its broader economic strategy to...
EconomyTop StoriesAnalysts project trouble-ridden Nigeria’s GDP growth of 3.6% in Q1 2025GBO CorrespondentDecember 26, 2024 GBO CorrespondentDecember 26, 2024 The refinery's planned production increase will solve long-standing problems with Nigeria's energy...
EconomyTop StoriesSaudi budget foresees USD 27 billion fiscal deficit as infrastructure spending continuesGBO CorrespondentDecember 5, 2024December 4, 2024 GBO CorrespondentDecember 5, 2024December 4, 2024 Saudi Arabia will keep making strategic investments in projects related to Vision...
EconomyTop StoriesMENA Watch: Once called the region’s Switzerland, Lebanon now faces severe headwindsGBO CorrespondentDecember 4, 2024December 4, 2024 GBO CorrespondentDecember 4, 2024December 4, 2024 The financial collapse led to severe economic dislocation, with over half of...
EconomyTop StoriesSaudi Vision 2030: Kingdom’s diversification efforts get Moody’s boostGBO CorrespondentNovember 25, 2024 GBO CorrespondentNovember 25, 2024 One of the most significant endorsements of Saudi Arabia's progress came in...
Banking and FinanceTop StoriesWith significant USD 32 trillion assets, UAE leads digital banking in Middle EastGBO CorrespondentNovember 22, 2024November 22, 2024 GBO CorrespondentNovember 22, 2024November 22, 2024 Over the last two years, the UAE's digital banking industry has grown...
EconomyTop StoriesMENA Watch: IMF issues 2025 projections for the regionGBO CorrespondentNovember 20, 2024 GBO CorrespondentNovember 20, 2024 The IMF has highlighted that increased oil output, especially from GCC countries...