EconomyTop StoriesFitch upgrades Nigeria’s outlook from stable to positiveGBO CorrespondentMay 9, 2024 GBO CorrespondentMay 9, 2024 Nigeria and Egypt’s economic fortunes have dimmed in the last few months...
EconomyTop StoriesSlump in retail sales, grom OECD outlook: UK economy suffers fresh setbacksGBO CorrespondentMay 7, 2024 GBO CorrespondentMay 7, 2024 The UK economy is now forecast to expand by 0.4% in 2024,...
EconomyTop StoriesWhat impact will higher interest rates have on Japan economy? Analyst answersGBO CorrespondentMay 3, 2024May 2, 2024 GBO CorrespondentMay 3, 2024May 2, 2024 Japan has one of the highest government debt-to-GDP ratios in the world,...
EconomyTop StoriesAustralian inflation disappoints policymakers and halts rate cut talksGBO CorrespondentApril 29, 2024 GBO CorrespondentApril 29, 2024 According to the latest data released by the Australian Bureau of Statistics,...
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...