EconomyTop StoriesPay raise amid recession: What is in minds of UAE and Saudi professionals?GBO CorrespondentFebruary 8, 2023February 10, 2023 GBO CorrespondentFebruary 8, 2023February 10, 202301045 More than seven in ten of the UAE employees polled, stated they would reject a new position or promotion if it required them to work
EconomyTop StoriesAmid inflation, UK income disparity reaches its three-year highGBO CorrespondentFebruary 7, 2023 GBO CorrespondentFebruary 7, 202301121 According to the Office for National Statistics, the median household income for the poorest fifth of households fell by 3.8%
EnergyTop StoriesGet paid for not using electricity: UK National Grid introduces new schemeGBO CorrespondentFebruary 7, 2023 GBO CorrespondentFebruary 7, 202301163 The United Kingdom gets its electricity from several sources, including nuclear, wind, and gas-fired power plants
Banking and FinanceTop StoriesGlobal interest rates will hit their highest level since 2007, investors believeGBO CorrespondentFebruary 6, 2023 GBO CorrespondentFebruary 6, 202301059 In December 2022, Fed officials forecasted raising interest rates above 5% in 2023 and maintaining them there for the remainder of the year
EconomyTop StoriesData indicates rebound of US economyGBO CorrespondentFebruary 6, 2023 GBO CorrespondentFebruary 6, 202301141 How well the US economy does in 2023 will depend significantly on the consumers spending behaviour in the next few months
MarketsTop StoriesJPMorgan study predicts 2023’s market riskGBO CorrespondentFebruary 3, 2023 GBO CorrespondentFebruary 3, 202301100 Around 44% of the 835 respondents to JPMorgan's annual institutional and professional trading client survey projected lower inflation
EnergyTop StoriesZimbabwe blames energy crisis for poor network qualityGBO CorrespondentFebruary 3, 2023February 3, 2023 GBO CorrespondentFebruary 3, 2023February 3, 202301661 At the height of Zimbabwe's power crisis in November and December, the country saw 20-hour power outages
Real EstateTop StoriesSneak peek into Dubai’s real estate market outlook for 2023GBO CorrespondentFebruary 2, 2023 GBO CorrespondentFebruary 2, 202302119 Rental costs across Dubai’s residential communities surged by 26.9% in 2021, the highest level on record
EconomyTop StoriesUAE to see lower growth in 2023: S&P GlobalGBO CorrespondentFebruary 2, 2023February 2, 2023 GBO CorrespondentFebruary 2, 2023February 2, 202301322 It is anticipated that UAE banks will prudently increase their coverage ratio toward historical levels
Oil and GasTop StoriesSaudi Arabia remains China’s leading crude oil supplier in 2022Sanjay KumarFebruary 1, 2023 Sanjay KumarFebruary 1, 202301717 Chinese customs didn't record any imports of Venezuelan crude during the entire year of 2022, although 780,392 tonnes of Iranian crude oil did