Oman’s 2025 budget forecasts revenue increase, driven by oil & gas
Around OMR 44 million has been set aside in the 2025 budget...
Investment
Saudi-listed ACWA Power secures USD 692 million for Egypt wind power plant
As a leading partner in Egypt’s NWFE programme, the EBRD has emerged...
IMF agreement set to pave way for USD 1.2 billion funding for Egypt
The deal, which must be approved by the IMF Executive Board, intends...
UAE Central Bank maintains GDP growth projections for 2024 at 4%
The UAE’s participation in BRICS aligns with its broader economic strategy to...
UAE, Hong Kong sign MoU to expand cross-border debt issuance & investment
The MoU signed by UAE and Hong Kong is anticipated to simplify...
United States current account deficit hits record high in Q3 2024, economists issue warning
At USD 1.833 trillion for fiscal 2024, the United States budget deficit...
Go Green with GBO: Revolutions in wind energy harnessing in Gulf of Mexico
The offshore wind energy project in the Gulf of Mexico represents more...
MENA Watch: Region’s key markets await volatility & US politics
A good number of MENA currencies have been linked to the value...
British insurer Direct Line rejects Aviva’s USD 4.16 billion takeover bid
Aviva's proposal was deemed highly opportunistic by Direct Line's board after consulting...
Go Green with GBO: The Philadelphia model of sustainable urban water management
For decades, cities like Philadelphia relied on 'gray infrastructure' to tackle these...