EconomyTop StoriesMENA Watch: World Bank issues grim warning for region’s economyGBO CorrespondentApril 24, 2024 GBO CorrespondentApril 24, 2024 The World Bank emphasised that to prevent additional debt accumulation, budgetary restraint...
Oil and GasTop StoriesGCC national oil corporations’ capital expenditure to reach USD 115 Billion in 2024GBO CorrespondentApril 22, 2024April 22, 2024 GBO CorrespondentApril 22, 2024April 22, 2024 After Saudi Aramco decided to halt its plan to enhance the Kingdom's...
EconomyTop StoriesWorld Bank upgrades Saudi Arabia’s 2025 GDP growth projection to 5.9%GBO CorrespondentApril 17, 2024 GBO CorrespondentApril 17, 2024 The World Bank report adjusted the UAE's GDP growth forecast to 3.9...
EconomyTop StoriesSaudi Vision 2030: Kingdom scales back on the ‘Line’GBO CorrespondentApril 15, 2024April 14, 2024 GBO CorrespondentApril 15, 2024April 14, 2024 After the PIF's financial reserves dropped to USD 15 billion in September...
EconomyTop StoriesHow much will UAE economy grow in 2024 & 2025? Country’s Central bank answersGBO CorrespondentApril 5, 2024April 4, 2024 GBO CorrespondentApril 5, 2024April 4, 2024 In terms of finances, the UAE demonstrated a strong fiscal balance during...
EconomyTop StoriesSaudi Vision 2030: Janadriyah festival & Kingdom’s cultural diplomacyGBO CorrespondentMarch 25, 2024 GBO CorrespondentMarch 25, 2024 Saudi Arabian society's perceptions of Indonesia's cultural richness and history have expanded...
EnergyTop StoriesSaudi Vision 2030: A sneak peek into Kingdom’s blueprint for ‘Mining Sector Domination’GBO CorrespondentMarch 18, 2024 GBO CorrespondentMarch 18, 2024 Saudi Arabia wants approximately USD 200 billion in mining investments by 2030...
Real EstateTop StoriesProperty transactions in Saudi Arabia to soar in 2024, predicts S&PGBO CorrespondentMarch 15, 2024 GBO CorrespondentMarch 15, 2024 The growth was ascribed to both the ongoing expansion of the oil...
AviationTop StoriesGo Green with GBO: Is SAF a practical alternative for traditional aviation fuel?GBO CorrespondentMarch 14, 2024 GBO CorrespondentMarch 14, 2024 Governments are persuaded by smoke and mirrors that SAF will allow aviation...
MarketsTop StoriesSaudi Vision 2030: S&P report envisions ‘crucial role’ for Kingdom’s capital marketsGBO CorrespondentMarch 11, 2024 GBO CorrespondentMarch 11, 2024 To develop Saudi capital markets, the CMA and Tadawul have recently launched...