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Green bond issuance will gradually grow in the Gulf

Location:

GULF STATES

Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…

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…

Prospects for MENA green energy transition to 2030

Location:

PROSPECTS 2030

High oil and gas prices have incentivised Middle Eastern and North African (MENA) hydrocarbon importers to accelerate their renewables build-outs, while exporters have deployed…

Gulf railway investment could promote more integration

Location:

GULF STATES

Rail investment is growing across the GCC states, with the reinvigorated Gulf Railway aiming to link Saudi Arabia, the United Arab Emirates (UAE), Oman, Qatar, Bahrain and Kuwait…

Oman’s green hydrogen sector will grow over the decade

Location:

OMAN

Oman has a long pipeline of green hydrogen projects and the clearest strategy in the Gulf for the industry’s development. It aims to have 30 gigawatts of electrolyser capacity by…

Prospects for the Gulf states in 2022

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PROSPECTS 2022

Prospects for the Gulf states in 2022.

Israel-China ties will strengthen after trade deal

Location:

ISRAEL

Israel’s economic ties with China have flourished over the last decade. China is now Israel’s third-largest trade partner behind the EU and the United States. Since the two…

International LNG trade patterns will evolve further

Location:

INTERNATIONAL

Europe's decisive move away from Russian pipeline gas since February 2022 has changed hugely the global LNG trade. Between 2019 and 2022, the global LNG market grew by 12%, with…

Gulf states’ non-oil growth will depend on oil income

Location:

GULF STATES

The deal links two key sectors in the six Gulf Cooperation Council (GCC) countries’ efforts to diversify their hydrocarbon-dependent economies, connecting transportation and…

Oil and gas prices boost Oman's financial position

Location:

OMAN

The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…