EconomyTop StoriesEgypt’s way out of crisis: Finance Minister Mohamed Maait charts the road aheadGBO CorrespondentApril 25, 2024April 24, 2024 GBO CorrespondentApril 25, 2024April 24, 2024 Over the previous ten years, Egypt has created development by using foreign...
Real EstateTop StoriesRental costs spike in Lagos & Ogun border settlements due to economic headwindsGBO CorrespondentApril 24, 2024 GBO CorrespondentApril 24, 2024 One of the main effects of growing inflation and currency devaluation, according...
Banking and FinanceTop StoriesFitch predicts losses for Gulf banks with Turkish subsidiariesGBO CorrespondentApril 18, 2024 GBO CorrespondentApril 18, 2024 Fitch predicts that inflation in Turkey will likely average 29% in 2025...
Real EstateTop StoriesMENA Watch: Inflation-hit Egypt sells off its historic hotels amid austerity measuresGBO CorrespondentApril 3, 2024 GBO CorrespondentApril 3, 2024 Recently, Emirati investors bought Egyptian buildings and firms, notably the USD 200...
EconomyTop StoriesSaudi growth to rebound to 3.3% in 2024: Deutsche BankGBO CorrespondentApril 2, 2024 GBO CorrespondentApril 2, 2024 According to the Deutsche Bank report, the oil industry continues to significantly...
Banking and FinanceTop StoriesBank of Japan abolishes negative interest rates & unconventional economic policiesGBO CorrespondentMarch 25, 2024 GBO CorrespondentMarch 25, 2024 The Bank of Japan set the overnight call rate as its new...
EconomyTop StoriesHow Egypt’s inflation will stand after currency devaluation? Study gives a sneak peekGBO CorrespondentMarch 19, 2024March 19, 2024 GBO CorrespondentMarch 19, 2024March 19, 2024 Since December, the value of the Egyptian pound has significantly dropped on...
EconomyTop StoriesMENA Watch: Will Egypt’s IMF bailout be enough?GBO CorrespondentFebruary 21, 2024February 21, 2024 GBO CorrespondentFebruary 21, 2024February 21, 2024 Egypt's Ministry of Finance cut its budget for utility subsidies to meet...
EconomyTop StoriesHere is what Federal Reserve Chairman has to say about rate cut, US debtGBO CorrespondentFebruary 20, 2024February 20, 2024 GBO CorrespondentFebruary 20, 2024February 20, 2024 Although the Federal Reserve stated at the time that risks to achieving...
EconomyTop StoriesMENA Watch: Geopolitics pulls Lebanon back into economic doldrumsGBO CorrespondentFebruary 7, 2024February 6, 2024 GBO CorrespondentFebruary 7, 2024February 6, 2024 Many of Lebanon's leaders had been relying on travel and remittances to...