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Riyadh’s judicial reforms will help drive investments

Location:

SAUDI ARABIA

Measures include a new civil code, the Civil Transactions Law, which came into effect in December 2023 and aims to provide comprehensive coverage of all aspects of contracts…

Turkey-Turkmen-Iranian gas swap could move quickly

Location:

TURKEY/TURKMENISTAN

Europe is increasingly interested in accessing large Turkmen gas reserves, potentially via Turkey, which has reached agreements with Turkmenistan on possible swap deals via Iran…

Algeria is set for more renewable energy generation

Location:

ALGERIA

In March, Sonelgaz awarded 19 contracts for the installation of almost 3 gigawatts of solar power generation capacity. Increasing the renewables mix in Algeria's energy balance…

Iran is approaching the limits of its oil expansion

Location:

IRAN

Iran’s increasingly skilled sanctions evasion (aided by less intense US enforcement) has made it the second-largest contributor to higher global oil output over the past year…

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…

Oman's LNG exports will increase as oil plateaus

Location:

OMAN

Previously, in January, the energy ministry announced it was offering three new oil and gas concessions. Muscat wants to engage private companies in efforts to unearth fresh…

Tunisia's economic challenges show no sign of abating

Location:

TUNISIA

The economic situation is challenging: unemployment was 16.4% in the fourth quarter of 2023, and work and business opportunities are limited. The government has avoided a debt…

Yemen’s anti-Huthi front is unlikely to regain force

Location:

YEMEN

The PLC is deeply divided, and economic conditions are deteriorating. There is no indication of improved governance in the southern areas of Yemen that it holds, despite the…

Arrests reinforce Rabat's anti-corruption drive

Location:

MOROCCO

A major scandal involves a Malian national imprisoned on drug trafficking charges, which has implicated high-ranking individuals. The nature of the cases underlines both the depth…