Search results

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…

Somalia and Turkey may struggle to realise oil deal

Location:

SOMALIA/TURKEY

The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…

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…

Brunei will step up efforts to diversify economy

Location:

BRUNEI

The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…

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…

Libya’s Amazigh will bargain hard for more rights

Location:

LIBYA

Prime Minister Abdul Hamid al-Dbeiba hopes to win over Amazigh leaders with the promise of language recognition and other rights, largely to consolidate his position in the…

Algiers will be wary of dynamics in the south

Location:

ALGERIA

The region has nonetheless seen waves of protests and some inter-communal clashes and terrorism over the past decade and more. Moreover, there are strong grievances in the south…

Manama will struggle to vary its investor offering

Location:

BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

Canada's economy will affect political outlook in 2024

Location:

CANADA

The economy has not grown in the past two quarters and, on a per capita basis, has declined for six consecutive quarters. With the Bank of Canada ruling out interest rate cuts…

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…