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Iran’s gas sector requires investment and know-how

Location:

IRAN

The EU on March 10 set a deadline of 2027 to “achieve independence” from Russian gas. Iran, which has the world’s second-largest gas reserves, has the potential to become a major…

Israel may miss climate targets, despite rising risk

Location:

ISRAEL

Public environmental awareness is relatively poor, though a February oil spill affecting beaches was a wake-up call. Green issues are also not a national political priority. Ahead…

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…

Russia will exploit tension but will not encourage war

Location:

RUSSIA

Russia maintains a delicate balance in the Middle East, preserving a close relationship with Shia-majority Iran and a security presence in neighbouring Syria while seeking…

Lower naira will not offset Nigerian recession risks

Location:

NIGERIA

Pressured naira.

China could edge into a wider Mideast diplomatic role

Location:

MIDDLE EAST/CHINA

He said that the China-mediated Iran-Saudi rapprochement announced on March 10 would play a major role in strengthening regional unity and cooperation. The deal caused widespread…

Severity of Israel’s downturn hinges on conflict moves

Location:

ISRAEL

Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…

Beirut may miss out on brighter growth prospects

Location:

LEBANON

The wage scale law was cast into question when a contentious tax hike law intended to fund it was annulled by the Constitutional Council on September 22, partly on the grounds…

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…

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…