EnergyTop StoriesGo Green with GBO: Iran transitions rapidly to renewable energy despite US sanctionsGBO CorrespondentNovember 10, 2023November 9, 2023 GBO CorrespondentNovember 10, 2023November 9, 202304684 Iran is saving money by investing in solar electricity and reducing its dependence on imported oil and gas
EconomyTop StoriesFitch rates Nigeria ‘B-‘ with stable outlookGBO CorrespondentNovember 10, 2023November 9, 2023 GBO CorrespondentNovember 10, 2023November 9, 202301150 Positively, Fitch stated that reforms have advanced more quickly than expected since President Bola Tinubu's administration took office in May 2023
FinanceTop StoriesWeWork goes bankrupt: All you need to knowGBO CorrespondentNovember 9, 2023 GBO CorrespondentNovember 9, 202301597 WeWork's financial struggles have been widely known for years and are partly attributed to former CEO Adam Neumann's decisions
Real EstateTop StoriesApartments big hit among Dubai buyers, Abu Dhabi realty sees gains tooGBO CorrespondentNovember 9, 2023 GBO CorrespondentNovember 9, 202301632 Dubai Marina, Downtown, Jumeirah Village Circle, Business Bay and Palm Jumeirah emerged as the preferred spots for apartment buyers
Real EstateTop StoriesMENA Watch: Dubai’s urban planning law sets stage for bright futureGBO CorrespondentNovember 8, 2023 GBO CorrespondentNovember 8, 202301841 Property Finder reported a 43% YoY increase in real estate sales to Dh33.7bn in Dubai in August, as demand remains strong
TechnologyTop StoriesSatya Nadella’s take about tech revolution in UAE: All you need to knowGBO CorrespondentNovember 8, 2023November 8, 2023 GBO CorrespondentNovember 8, 2023November 8, 202301879 Satya Nadella announced the upcoming availability of Azure OpenAI Service from Microsoft’s UAE cloud data centres
EconomyTop StoriesUAE non-oil sector boom: All you need to knowGBO CorrespondentNovember 7, 2023November 7, 2023 GBO CorrespondentNovember 7, 2023November 7, 202301502 The seasonally adjusted S&P Global UAE Purchasing Managers' Index surged to 57.7 in October 2023 from 56.7 in September to the highest level since June
Banking and FinanceTop StoriesFollowing US Fed’s lead, MENA economies announce their latest move against inflationGBO CorrespondentNovember 7, 2023November 7, 2023 GBO CorrespondentNovember 7, 2023November 7, 202301187 The MPC reiterates that the path of future policy rates remains a function of forecasted inflation rather than prevailing inflation rates
EconomyTop StoriesSaudi Vision 2030: Stakes go high for ‘Riyadh Expo’GBO CorrespondentNovember 6, 2023 GBO CorrespondentNovember 6, 202301896 ‘Riyadh Expo 2030’ presents a golden opportunity to attract foreign investment, contributing to the economic diversification goal of ‘Vision 2030’
EconomyTop StoriesAmid weak growth prospects, South Africa eyes tax measures to deal with debtGBO CorrespondentNovember 6, 2023 GBO CorrespondentNovember 6, 202301360 The economy of South Africa is expected to increase by 0.8% in 2023, down from 0.9% in February. In 2022, the GDP expanded by 1.9%