Banking and FinanceTop StoriesCBN to execute uniform standards on transfer pricing arrangementsGBO CorrespondentJune 2, 2021 GBO CorrespondentJune 2, 202101429 The guidelines for Shared Service Arrangements for banks and Other Financial Institutions are effective from June 2021
TechnologyTop StoriesBrazil-based idwall raises $38 mn for identity validation platformGBO CorrespondentJune 2, 2021 GBO CorrespondentJune 2, 202101559 The Series C round was led by Endurance
Ports and ShippingTop StoriesCNNC partners with Port Authority of ThailandGBO CorrespondentJune 2, 2021 GBO CorrespondentJune 2, 202101874 The joint venture consists of NTL Marine, Nathalin and Zhonggang Construction Group
Banking and FinanceTop StoriesBNP Paribas to explore Nordic wealthGBO CorrespondentJune 1, 2021 GBO CorrespondentJune 1, 202101337 CEO Eirik Winter considers Nordic economies have weathered the pandemic much better than the rest of the world
EconomyTop StoriesGlobal economy to recover next year: OECDGBO CorrespondentJune 1, 2021 GBO CorrespondentJune 1, 202101244 The OECD revised its 2021 global growth forecast to 5.8 percent from 5.6 percent and warned of gaping differences
Real EstateTop StoriesUAE real estate sales reach $18.6 bn from Dubai and Abu DhabiGBO CorrespondentJune 1, 2021 GBO CorrespondentJune 1, 202101451 It denotes that the sector’s hardship has come to an end and is growing rapidly
CurrencyTop StoriesChina increases foreign exchange reserve requirementGBO CorrespondentJune 1, 2021 GBO CorrespondentJune 1, 202101378 The increase has been made from five percent to seven percent and will be effective from 15 June 2021
EconomyTop StoriesNigeria’s debt is sustainable: DMOGBO CorrespondentMay 31, 2021 GBO CorrespondentMay 31, 202101298 DMO stated this despite the negative toll the debt profile is currently facing on the country’s economy
EnergyTop StoriesLNG expansion to boost Qatar’s GDP: BOAGBO CorrespondentMay 31, 2021 GBO CorrespondentMay 31, 202101443 It will also add to the fiscal surpluses to high-single digits and mid-single digits on average over 2021-2027
AviationTop StoriesKuwait Airways increases direct flights from the PhilippinesGBO CorrespondentMay 31, 2021 GBO CorrespondentMay 31, 202101612 The domestic labour market is to witness a breakthrough in the number of workers hired from the Philippines