HealthcareTop StoriesThe ‘Tabuk’ revolution in Saudi Arabia’s pharmaceutical sectorGBO CorrespondentMay 13, 2025May 13, 2025 GBO CorrespondentMay 13, 2025May 13, 2025 Tabuk Pharmaceuticals has been consistently enhancing its research and development efforts to...
Banking and FinanceTop StoriesSaudi Arabia dominates Forbes’ 2025 list of MENA’s most valuable banksGBO CorrespondentApril 1, 2025April 1, 2025 GBO CorrespondentApril 1, 2025April 1, 2025 Saudi Arabia represents a third of the list with 10 entries, with...
Banking and FinanceTop StoriesFitch affirms Kuwait’s rating at AA-, praises draft debt lawGBO CorrespondentMarch 27, 2025 GBO CorrespondentMarch 27, 2025 While the UAE was rated AA-, Fitch Ratings confirmed Saudi Arabia's IDR...
AviationTop StoriesKuwait Airways unveils new summer scheduleGBO CorrespondentFebruary 20, 2025February 20, 2025 GBO CorrespondentFebruary 20, 2025February 20, 2025 By selecting Boeing B777-300 aircraft with Royal and Business Class options, Kuwait...
EconomyTop StoriesKuwait economy check: Non-oil exports reach USD 74 millionGBO CorrespondentJanuary 21, 2025 GBO CorrespondentJanuary 21, 2025 The Ministry of Commerce and Industry made it clear that not all...
Banking and FinanceTop StoriesGulf central banks slash interest rates following US Federal Reserve’s leadGBO CorrespondentSeptember 24, 2024 GBO CorrespondentSeptember 24, 2024 After hiking it 11 times in 16 months and then holding it...
MarketsTop StoriesMENA Watch: Region’s IPO market sees strong Q2 2024 with USD 2.64 billion raisedGBO CorrespondentSeptember 18, 2024 GBO CorrespondentSeptember 18, 2024 Sixteen private companies and seven funds from different industries plan to list...
Banking and FinanceTop StoriesKuwait’s banking sector shows strong stability ahead of crucial Federal Reserve meetingGBO CorrespondentSeptember 10, 2024September 10, 2024 GBO CorrespondentSeptember 10, 2024September 10, 2024 Balances held with the Kuwaiti Central Bank, government bonds and bills, and...
Banking and FinanceTop StoriesGulf banks’ lending income rises to record USD 21 billion on high interest ratesGBO CorrespondentAugust 29, 2024 GBO CorrespondentAugust 29, 2024 Kuwaiti banks drove the expansion, with their net interest income reaching USD...
EconomyTop StoriesEgypt may begin monetary easing cycle in September, rate cut by 2024-endGBO CorrespondentJuly 29, 2024 GBO CorrespondentJuly 29, 2024 Egypt’s official gazette reported an up to 15% price hike for petrol,...