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...
EconomyTop StoriesSaudi Arabia’s e-commerce sector exhibits promising futureGBO CorrespondentSeptember 2, 2024September 2, 2024 GBO CorrespondentSeptember 2, 2024September 2, 2024 Saudi Arabia is now one of the Middle East's and North Africa's...
EconomyTop StoriesSaudi GDP growth set to turn positive in H2 2024GBO CorrespondentAugust 27, 2024 GBO CorrespondentAugust 27, 2024 Saudi Arabia’s terms of trade remain supportive, and with crude prices expected...
EconomyTop StoriesDubai’s GDP records strong growth of 3.2% in Q1 2024GBO CorrespondentAugust 1, 2024August 1, 2024 GBO CorrespondentAugust 1, 2024August 1, 2024 Dubai's GDP increased by 3.3% annually in 2023, reaching an estimated 429...
EconomyTop StoriesKenya President William Ruto proposes spending cuts after nationwide protestsGBO CorrespondentJuly 11, 2024 GBO CorrespondentJuly 11, 2024 Kenya President William Ruto finds himself torn between a beleaguered populace reeling...