EconomyTop StoriesInflation impact: Turkey’s central bank raises interest rate to 40%GBO CorrespondentNovember 30, 2023November 30, 2023 GBO CorrespondentNovember 30, 2023November 30, 2023 Turkey's annual inflation dropped marginally to 61.36% in October from the nine-month...
Real EstateTop StoriesMoody’s flags long-term risks for UAE developers amid high inflation & interest ratesGBO CorrespondentNovember 23, 2023 GBO CorrespondentNovember 23, 2023 Moody's predicts that consumer spending is likely to decline, and the risk...
EconomyTop StoriesKPMG predicts 30% inflation for Nigeria by year-endGBO CorrespondentNovember 17, 2023 GBO CorrespondentNovember 17, 2023 The removal of foreign exchange controls and a fuel subsidy by Nigeria's...
EconomyTop StoriesFitch rates Nigeria ‘B-‘ with stable outlookGBO CorrespondentNovember 10, 2023November 9, 2023 GBO CorrespondentNovember 10, 2023November 9, 2023 Positively, Fitch stated that reforms have advanced more quickly than expected since...
EconomyTop StoriesUAE non-oil sector boom: All you need to knowGBO CorrespondentNovember 7, 2023November 7, 2023 GBO CorrespondentNovember 7, 2023November 7, 2023 The seasonally adjusted S&P Global UAE Purchasing Managers' Index surged to 57.7...
Banking and FinanceTop StoriesFollowing US Fed’s lead, MENA economies announce their latest move against inflationGBO CorrespondentNovember 7, 2023November 7, 2023 GBO CorrespondentNovember 7, 2023November 7, 2023 The MPC reiterates that the path of future policy rates remains a...
EconomyTop StoriesAmid Gaza conflict, World Bank and IMF chiefs weigh upon global economyGBO CorrespondentOctober 31, 2023 GBO CorrespondentOctober 31, 2023 The World Bank is working to help with a debt crisis in...
EconomyTop StoriesNigeria seeks World Bank loan to support reform amid South Africa challengeGBO CorrespondentOctober 26, 2023October 25, 2023 GBO CorrespondentOctober 26, 2023October 25, 2023 According to the World Bank, Nigeria continues to have high inflation and...
EconomyTop StoriesRising inflation & insufficient salary growth putting pressure on households: UNGBO CorrespondentOctober 12, 2023October 11, 2023 GBO CorrespondentOctober 12, 2023October 11, 2023 In its report released in October 2023, UNCTAD stated that wages have...
EconomyTop StoriesMENA Watch: World Bank predicts dramatic decline in region’s growthGBO CorrespondentOctober 11, 2023October 11, 2023 GBO CorrespondentOctober 11, 2023October 11, 2023 Roberta Gatti, chief economist for the Middle East and North Africa at...