Real EstateTop StoriesCheck out the key trends which will shape 2024 real estate marketGBO CorrespondentJanuary 3, 2024December 26, 2023 GBO CorrespondentJanuary 3, 2024December 26, 2023 Entrepreneurs trying to navigate the real estate industry in the coming year...
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 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 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...