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Green bond issuance will gradually grow in the Gulf

Location:

GULF STATES

Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…

Uruguay's green hydrogen projects will face opposition

Location:

URUGUAY

The plant would be Uruguay’s largest-ever private investment, providing an estimated 3,000 jobs and producing synthetic fuels including green gasoline and green methanol, a…

Economic improvement in Chile will remain moderate

Location:

CHILE

The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.

Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Biden will stress regional economic development work

Location:

UNITED STATES

With the economy a central issue for many voters, Biden is stressing his administration’s focus on place-based economic development (PBED), an approach to shaping the economic…

Abu Dhabi’s Africa outreach will accelerate

Location:

UNITED ARAB EMIRATES

State-owned company Abu Dhabi Ports (ADP) is also prominent in the continent’s maritime sector, with agreements to operate ports in Angola and Congo-Brazzaville. The UAE’s…

Trade will tighten Gulf-South Korea relations

Location:

GULF STATES/SOUTH KOREA

Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…

EU will struggle to meet new climate targets

Location:

EU

If approved, the targets will profoundly shape EU economic and environmental policy over the next two decades. The power sector will bear most of the decarbonisation burden to…

Egypt will prioritise its renewable energy sector

Location:

EGYPT

It has experienced a surge in investment in renewable energy, with projects worth USD4.4bn under development and prospective investments of a further USD6bn. Renewable energy is…