Banking and FinanceTop StoriesThree banks exit, five enter Kenya’s oil import deal with Gulf majorsGBO CorrespondentJuly 26, 2024 GBO CorrespondentJuly 26, 2024 Equity Group, United Bank of Africa, Diamond Trust Bank, I&M Bank, and...
Banking and FinanceTop StoriesOman’s public revenues decline by 7% through May 2024GBO CorrespondentJuly 15, 2024 GBO CorrespondentJuly 15, 2024 Oman government spending up to May 2024 was almost RO4.724 billion, a...
EconomyTop StoriesFitch maintains UAE’s ‘AA-‘ rating, here are the reasonsGBO CorrespondentJuly 2, 2024 GBO CorrespondentJuly 2, 2024 Fitch stated that even with a moderate government debt-to-GDP ratio, the UAE's...
EconomyTop StoriesSaudi Vision 2030: Is Kingdom’s oil-free ambitions too grand?GBO CorrespondentJuly 1, 2024 GBO CorrespondentJuly 1, 2024 Ministers in the Saudi government have provided explanations for the scope reduction...
TechnologyTop StoriesSaudi Vision 2040: Biotech, AI and sports emerge Kingdom’s new interest areasGBO CorrespondentJune 24, 2024 GBO CorrespondentJune 24, 2024 Crown Prince Mohammed bin Salman launched a plan to raise health standards...
FinanceTop StoriesSaudi Arabia’s international reserves reach 18-month high of USD 467.5 billionGBO CorrespondentJune 20, 2024 GBO CorrespondentJune 20, 2024 Fitch Ratings announced in March that it had affirmed Saudi Arabia’s long-term...
EconomyTop StoriesMENA Watch: Region’s economy stares at gloomy days aheadGBO CorrespondentJune 19, 2024 GBO CorrespondentJune 19, 2024 Analysts predict that the real GDP growth for the MENA hydrocarbon exporters...
Oil and GasTop StoriesSaudi Arabia supplies almost 40% of Japanese oil imports, says dataGBO CorrespondentJune 19, 2024 GBO CorrespondentJune 19, 2024 Japan PM Fumio Kishida emphasised the importance of Saudi Arabia continuing to...
Oil and GasTop StoriesHouthi activities on Red Sea: Oil transportation becomes time-consumingGBO CorrespondentJune 18, 2024June 17, 2024 GBO CorrespondentJune 18, 2024June 17, 2024 Saudi Arabia and Iraq sent more crude oil to Europe via the...
FinanceTop StoriesMENA Watch: Region shows potential for increased investment opportunitiesGBO CorrespondentJune 12, 2024 GBO CorrespondentJune 12, 2024 The corporate sector in the six-member GCC and sovereigns in the larger...