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Saudi Aramco’s immediate focus will be on gas catch up

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SAUDI ARABIA

Aramco is doubling down on a strategy to become a major player in the global gas sector, with higher production at home and abroad, while boosting efforts to convert an…

Iraq's oil output will grow despite challenges

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IRAQ

The government sought to capitalise on political stability and high oil prices to attract international oil companies (OICs) to invest in new prospects on improved terms…

Oman's LNG exports will increase as oil plateaus

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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…

Turkey’s defence industry is set for growth

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TURKEY

A major milestone was showcased in February, as KAAN, the country’s first domestically produced fifth-generation combat aircraft, made its maiden flight. The aircraft is equipped…

Drone exports will expand Ankara’s international reach

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TURKEY

Leading this transformation is the domestic production of unmanned aerial vehicles (UAVs). Rapidly proliferating exports of UAVs have been both a lucrative undertaking and a way…

Tourism will grow in economic importance in Oman

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OMAN

Since the end of COVID-19 travel restrictions, Oman has increased its efforts to boost its tourist sector, through the National Tourism Strategy (NTS) included within Vision 2040…

Manama will struggle to vary its investor offering

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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…

Algeria is set for more renewable energy generation

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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…

Saudi stability will enable economic progress

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SAUDI ARABIA

The move follows its second initial public offering in June, when it raised more than USD12bn, which helps boost the government's accounts and the country's sovereign wealth fund…

Morocco's aerospace sector will grow strongly

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MOROCCO

A combination of smart policymaking, a robust trade body, a strong education system and proximity to Europe have elevated Morocco to become an influential actor in the global…