EconomyTop StoriesHouthi attacks on Red Sea shipping: New menace for global economy?GBO CorrespondentJanuary 11, 2024January 11, 2024 GBO CorrespondentJanuary 11, 2024January 11, 2024 Many of the biggest freight corporations in the world, including MSC, Hapag-Lloyd,...
EconomyTop StoriesBoost for Saudi non-oil sectors as PIF becomes world’s top-performing SWFGBO CorrespondentJanuary 5, 2024 GBO CorrespondentJanuary 5, 2024 The implementation of programs under ‘Saudi Vision 2030’ will spur growth in...
Banking and FinanceTop StoriesEgypt’s Central Bank maintains interest rates amid slowing GDP growth & inflationGBO CorrespondentDecember 28, 2023December 26, 2023 GBO CorrespondentDecember 28, 2023December 26, 2023 Hard economic actions by Egypt were widely expected to be postponed until...
EconomyTop StoriesGo Green with GBO: The Abu Dhabi model of sustainable economic developmentGBO CorrespondentDecember 22, 2023December 22, 2023 GBO CorrespondentDecember 22, 2023December 22, 2023 UAE's attempts to promote 'green economic growth' are centred in Abu Dhabi,...
FinanceTop StoriesGender pay gap narrows in SaudiGBO CorrespondentDecember 22, 2023December 22, 2023 GBO CorrespondentDecember 22, 2023December 22, 2023 In terms of non-Saudi earnings, non-Saudi female average salaries were higher than...
TechnologyTop StoriesMENA Watch: Oracle to provide AI training to 50,000 Saudi citizensGBO CorrespondentDecember 20, 2023 GBO CorrespondentDecember 20, 2023 According to Oracle, Local talent will receive training and certification in the...
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, 2023 The report noted that the UAE’s GDP already grew by 3.7% year-on-year...
EconomyTop StoriesSaudi Vision 2030: Kingdom postpones projects beyond deadline year to avoid inflationary pressuresGBO CorrespondentDecember 18, 2023December 15, 2023 GBO CorrespondentDecember 18, 2023December 15, 2023 According to the International Monetary Fund, Saudi Arabia would require crude at...
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, 2023 In 2021, almost 43% of organisations in the UAE region adopted cloud...
EconomyTop StoriesCrown Prince Mohammed bin Salman pledges economic growth commitmentGBO CorrespondentDecember 12, 2023December 11, 2023 GBO CorrespondentDecember 12, 2023December 11, 2023 Crown Prince Mohammed bin Salman emphasised the various achievements made by the...