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...
EnergyTop StoriesMENA Watch: GCC & OPEC vow to stabilise energy markets, Saudi sees export slumpGBO CorrespondentFebruary 28, 2024February 27, 2024 GBO CorrespondentFebruary 28, 2024February 27, 2024 Based on figures released on the organisation's website on February 21, the...
EconomyIssue 04 - 2023MAGAZINEGlobal economies & the challenges aheadGBO CorrespondentJanuary 19, 2024January 29, 2024 GBO CorrespondentJanuary 19, 2024January 29, 2024 Forecasts for inflation in 2024 have been upgraded, and underlying inflation is...
EconomyTop StoriesUAE holds interest rate steady as country set to double its growth in 2024GBO CorrespondentDecember 19, 2023December 15, 2023 GBO CorrespondentDecember 19, 2023December 15, 2023 The report noted that the UAE’s GDP already grew by 3.7% year-on-year...
EconomyTop StoriesSaudi’s GDP growth to decelerate in 2023: IIF ReportGBO CorrespondentJuly 3, 2023 GBO CorrespondentJuly 3, 2023 The research stated that even if the current account surplus has shrunk,...
Oil and GasTop StoriesOPEC+ to extend oil production cuts into 2024GBO CorrespondentJune 7, 2023 GBO CorrespondentJune 7, 2023 In a statement, OPEC announced that the next ministerial meeting involving both...
EconomyTop StoriesWorld Bank predicts slowdown for GCC, Oman emerges as the bright spotGBO CorrespondentApril 12, 2023 GBO CorrespondentApril 12, 2023 The second-largest economy in the GCC, the UAE, is expected to grow...
Oil and GasTop StoriesAnalysts predict rosy picture for China’s oil sectorGBO CorrespondentMarch 8, 2023 GBO CorrespondentMarch 8, 2023 In 2022, China's refineries posted their first annual decline in throughput since...
Oil and GasTop StoriesWill Ukraine war continue to affect oil prices? Experts answerGBO CorrespondentMarch 3, 2023 GBO CorrespondentMarch 3, 2023 While some experts feel that the war impacted the global gas markets...
EconomyTop StoriesUAE to see lower growth in 2023: S&P GlobalGBO CorrespondentFebruary 2, 2023February 2, 2023 GBO CorrespondentFebruary 2, 2023February 2, 2023 It is anticipated that UAE banks will prudently increase their coverage ratio...