EconomyTop StoriesUAE to become Gulf’s fastest-growing economy by 2023?GBO CorrespondentNovember 4, 2022November 3, 2022 GBO CorrespondentNovember 4, 2022November 3, 2022 The UAE economy will expand by 4.2% in 2023, outperforming the economies...
EconomyTop StoriesSouthern Africa’s combat against inflationGBO CorrespondentNovember 3, 2022November 3, 2022 GBO CorrespondentNovember 3, 2022November 3, 2022 Inflation has seized the world economy and highlighted its vulnerability to geopolitical...
Banking and FinanceTop StoriesNew banking secrecy law: International Monetary Fund demands, Lebanon approvesGBO CorrespondentOctober 28, 2022October 27, 2022 GBO CorrespondentOctober 28, 2022October 27, 2022 A request for comment from the International Monetary Fund did not receive...
EconomyFeaturedFinancial distress: Africa’s low-income nations in deep trouble?GBO CorrespondentOctober 17, 2022 GBO CorrespondentOctober 17, 2022 The COVID-19 pandemic had a severely detrimental effect on the state of...
EconomyTop StoriesOman’s economic recovery: The success storyGBO CorrespondentOctober 12, 2022October 12, 2022 GBO CorrespondentOctober 12, 2022October 12, 2022 Due to managed prices and restrictions on specific fuel prices, Oman's inflation...
EconomyTop StoriesIMF to finally bailout crisis-hit Sri LankaGBO CorrespondentSeptember 6, 2022September 5, 2022 GBO CorrespondentSeptember 6, 2022September 5, 2022 The comments of the IMF were largely positive, according to Udeeshan Jonas,...
EnergyTop StoriesWill energy prices in European countries further go up?GBO CorrespondentAugust 30, 2022August 29, 2022 GBO CorrespondentAugust 30, 2022August 29, 2022 On average, Europeans spend 10% of their income on energy...
EconomyTop StoriesSri Lanka to stop printing currency as inflation soars to 60%: ReportGBO CorrespondentJuly 7, 2022July 7, 2022 GBO CorrespondentJuly 7, 2022July 7, 2022 According to official data, in the first quarter of 2022, Sri Lanka...
EconomyTop StoriesIMF warns severe impact on global economy due to Russia-Ukraine warGBO CorrespondentMarch 7, 2022 GBO CorrespondentMarch 7, 2022 Energy and commodity prices, including wheat and other grains, have surged....
EconomyTop StoriesWorld Bank Group deploys $157 bn to fight Covid-19 pandemicGBO CorrespondentJuly 21, 2021July 27, 2021 GBO CorrespondentJuly 21, 2021July 27, 2021 The world economy is expected to grow by 5.6% in 2021...