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Gulf arms sector localisation may be slow and patchy

Location:

GULF STATES

Some Gulf states have targeted the development of an indigenous arms industry as part of their economic diversification efforts.

Turkish electric car project will need foreign support

Location:

TURKEY

The plan for an indigenous electric car.

Saudi Arabia will boost South-east Asia oil investment

Location:

SAUDI ARABIA

Saudi oil investments in South-east Asia.

China will focus on Middle East energy, not politics

Location:

MIDDLE EAST/CHINA

A significant proportion of imports come from the Middle East, where security-driven supply risks -- and Saudi Arabia’s production restraint -- are also helping to drive up oil…

Libyan energy ambitions will likely fall short

Location:

LIBYA

Earlier, on January 7, NOC was forced to declare force majeure at Sharara oil field, the country’s largest, after protests shut it down. Oil and gas usually account for more than…

Algerian efforts to diversify the economy will be slow

Location:

ALGERIA

Beijing is already involved in several investment projects in Algeria, largely focused on exploiting the country’s untapped mineral resources. China will reportedly now invest…

Saudi Aramco-SABIC merger will raise strategy concerns

Location:

SAUDI ARABIA

This will be used to meet part of the costs of acquiring a controlling stake in Saudi Basic Industries Corporation (SABIC), the kingdom’s principal petrochemical producer. Aramco…

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…

Riyadh’s judicial reforms will help drive investments

Location:

SAUDI ARABIA

Measures include a new civil code, the Civil Transactions Law, which came into effect in December 2023 and aims to provide comprehensive coverage of all aspects of contracts…

A major Saudi mining sector push faces uncertainties

Location:

SAUDI ARABIA

The announcement is part of the kingdom’s strategy to develop mining -- at home as well as abroad -- as a pillar of its economy and to attract foreign investment. Saudi Arabia…