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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…

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…

Italy will intensify its outreach to North Africa

Location:

NORTH AFRICA

Italy’s diplomatic activism was on display in recent days after its foreign ministry hosted a meeting between the Israeli and Libyan foreign ministers, causing uproar across Libya.

Turkey will continue destabilising east Mediterranean

Location:

TURKEY

They discussed tensions in the eastern Mediterranean with regard to Turkish seabed prospecting off the Greek island of Kastellorizo, but could come up only with a statement about…

Algeria to build and diversify energy and other ties

Location:

ALGERIA

Algeria’s traditional foreign policy of non-alignment has been tested by Russia’s invasion of Ukraine. It is performing a delicate balancing act, preserving close political and…

Algeria-Morocco conflict is a possibility

Location:

ALGERIA/MOROCCO

Tensions between Algeria and Morocco have been rising over the past two years. Morocco's highly assertive foreign policy is coupled with an unstable political situation. In…