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...
EconomyTop StoriesWill Egypt’s economy bounce back? World Bank sounds pessimistic, minister differsGBO CorrespondentApril 23, 2024 GBO CorrespondentApril 23, 2024 Egypt has also been actively seeking the sale of state assets to...
EconomyTop StoriesWorld witnessed global output loss of USD 3.3 trillion since pandemic: IMF chief Kristalina GeorgievaGBO CorrespondentApril 18, 2024 GBO CorrespondentApril 18, 2024 Kristalina Georgieva claims that since the global financial crisis, economic prospects have...
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 StoriesAs IMF & World Bank come to Egypt’s rescue, country announces its next economic moveGBO CorrespondentMarch 27, 2024March 26, 2024 GBO CorrespondentMarch 27, 2024March 26, 2024 The European Union pledged approximately USD 8 billion in aid, loans, and...
EconomyTop StoriesMENA Watch: Region faces bleak outlook due to war and economic turmoilGBO CorrespondentJanuary 31, 2024January 31, 2024 GBO CorrespondentJanuary 31, 2024January 31, 2024 A recent note from IMF staff stated that the Fund is cutting...
EnergyIssue 04 - 2023MAGAZINEThe ‘Renewable Revolution’ in AfricaGBO CorrespondentJanuary 19, 2024January 29, 2024 GBO CorrespondentJanuary 19, 2024January 29, 2024 Africa has a much higher potential for solar radiation than both North...
TechnologyTop StoriesBoost for UAE’s ‘Cloud Computing’ dreams as it gets leadership of World Bank working groupGBO CorrespondentDecember 18, 2023December 15, 2023 GBO CorrespondentDecember 18, 2023December 15, 2023 In 2021, almost 43% of organisations in the UAE region adopted cloud...
EconomyTop StoriesMENA Watch: IMF issues roadmap for region’s inclusive growthGBO CorrespondentNovember 29, 2023November 28, 2023 GBO CorrespondentNovember 29, 2023November 28, 2023 The IMF predicts a slowdown in MENA growth in 2023 due to...
EconomyTop StoriesNon-oil sectors drive UAE’s 4.5% GDP surge in 2023: World BankGBO CorrespondentNovember 27, 2023 GBO CorrespondentNovember 27, 2023 The World Bank anticipates that the UAE's current account balance will increase...