EconomyTop StoriesSaudi Vision 2030: Analysis of Soudah Peaks, a blueprint for sustainable tourism developmentGBO CorrespondentJanuary 6, 2025 GBO CorrespondentJanuary 6, 2025 The Saudi government has emphasised the project’s commitment to environmental sustainability, aiming...
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 StoriesUnited States current account deficit hits record high in Q3 2024, economists issue warningGBO CorrespondentDecember 20, 2024 GBO CorrespondentDecember 20, 2024 At USD 1.833 trillion for fiscal 2024, the United States budget deficit...
EconomyTop StoriesForeign reserves propel Saudi assets to USD 435 billion as Kingdom’s GDP rises 2.8%GBO CorrespondentDecember 18, 2024 GBO CorrespondentDecember 18, 2024 Saudi Arabia’s imports were 7.3% higher year on year and 3.8% higher...
EconomyTop StoriesOman’s non-oil sector grows 4.2% in H1 2024 in a boost for diversification effortsGBO CorrespondentDecember 2, 2024 GBO CorrespondentDecember 2, 2024 The amount of foreign direct investment in Oman increased from roughly 13.8...
EconomyTop StoriesEgypt aims to reduce debt-to-GDP ratio below 85% as country registers 2.4% growthGBO CorrespondentOctober 8, 2024 GBO CorrespondentOctober 8, 2024 Egypt’s GDP growth rate slowed to 2.4% in the fourth quarter of...
EconomyTop StoriesSaudi Arabia, US investor relations to flourish in mining, industrial sectorsGBO CorrespondentSeptember 26, 2024September 26, 2024 GBO CorrespondentSeptember 26, 2024September 26, 2024 Talks about potential investments in Saudi Arabia's mining and industrial sectors have...
EconomyTop StoriesSaudi Arabia’s expat fee waiver fuels industrial growth, boosting GDP by 14.7%GBO CorrespondentSeptember 25, 2024 GBO CorrespondentSeptember 25, 2024 An increase in the quantity of goods with the Saudi quality mark...
EconomyTop StoriesGoldman Sachs, Citigroup cut China’s 2024 growth forecast to 4.7%GBO CorrespondentSeptember 19, 2024September 19, 2024 GBO CorrespondentSeptember 19, 2024September 19, 2024 Previous estimates for the economy's full-year growth were 4.9% for Goldman Sachs...