EconomyTop StoriesReason behind the slowdown of China’s economic growthGBO CorrespondentAugust 19, 2022 GBO CorrespondentAugust 19, 202201254 China’s growth fell short of expectations and grew by just 0.4%, compared to the earlier quarter’s 4.8%.
AviationTop StoriesUAE’s new Golden Visa rules: All you need to knowGBO CorrespondentAugust 19, 2022August 18, 2022 GBO CorrespondentAugust 19, 2022August 18, 202201594 The Golden Visa will continue to allow holders to sponsor their children at any age.
Islamic FinanceTop StoriesUAE – a popular destination for mergers & acquisitionsGBO CorrespondentAugust 18, 2022 GBO CorrespondentAugust 18, 202201645 EY MENA M&A Insights report states that UAE saw 359 M&A deals worth USD 42.6 billion in the first half of 2022.
Oil and GasTop StoriesEgypt PM Mostafa Madbouly takes big decision to boost gas exportsGBO CorrespondentAugust 18, 2022August 17, 2022 GBO CorrespondentAugust 18, 2022August 17, 202201217 The discovery of the largest field in the Mediterranean helped Egypt transition from being a net importer to an exporter.
EconomyTop StoriesBiden signs $280bn bill to make US more competitive over ChinaGBO CorrespondentAugust 17, 2022August 17, 2022 GBO CorrespondentAugust 17, 2022August 17, 202201186 The legislation sets aside USD 52 billion specifically to bolster the US computer chip sector.
Islamic FinanceTop StoriesUAE businesses raise prices as inflation bitesGBO CorrespondentAugust 17, 2022August 17, 2022 GBO CorrespondentAugust 17, 2022August 17, 202201217 UAE businesses reported cost increases of 18% for energy and utilities, 17% for raw materials, and 14% for wages and staff compensation.
MarketsTop StoriesHodlnaut suspends withdrawals: Crisis hits cryptocurrency market in SingaporeGBO CorrespondentAugust 16, 2022August 16, 2022 GBO CorrespondentAugust 16, 2022August 16, 202201266 Hodlnaut is the most recent in a long line of cryptocurrency players to have issues as a result of a strong market sell-off.
BusinessTop StoriesHow subscription billing enhances customer retentionGBO CorrespondentAugust 16, 2022August 16, 2022 GBO CorrespondentAugust 16, 2022August 16, 202201102 Businesses are adopting new technologies to keep up with changing trends to increase customer retention.
EconomyTop StoriesIs China’s Better Cotton Initiative a compromise or cut loose?GBO CorrespondentAugust 15, 2022August 14, 2022 GBO CorrespondentAugust 15, 2022August 14, 202201536 Better Cotton Initiative started operating in China, the home of the Uighur ethnic minority, as part of BCI's goal in 2013.
BusinessTop StoriesFive fastest-growing businesses in AfricaGBO CorrespondentAugust 12, 2022August 12, 2022 GBO CorrespondentAugust 12, 2022August 12, 202202409 Africa is the second-fastest-growing and most lucrative payments and banking sector in the world, only behind Latin America.