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Foreign automotive investment is still key for Turkey

Location:

TURKEY

Ankara is trying to strengthen its automotive industry at a time of rapid technological change, ever-tighter environmental regulations and growing competition from China. It…

Foreign firms' influx will accelerate Saudi change

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SAUDI ARABIA

Without this, companies will not be awarded any government contract worth more than SAR1mn (around USD220,000). To date, the government has issued 162 regional headquarters…

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…

Saudi capital spending allocations are on the rise

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SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

The Gaza war will worsen Jordan’s long-term debt risk

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JORDAN

He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…

Iraqi provincial polls will boost incumbent control

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IRAQ

The vote will reinstate provincial councils that were dissolved in 2019, which will in turn choose new provincial governors. The government is determined to hold an effective…

Egypt will prioritise its renewable energy sector

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EGYPT

It has experienced a surge in investment in renewable energy, with projects worth USD4.4bn under development and prospective investments of a further USD6bn. Renewable energy is…

Kuwait's aviation sector plans will face challenges

Location:

KUWAIT

Though its ambitions are more modest than those of its Gulf counterparts, Kuwait Airways faces a series of challenges, including at the boardroom level. External factors, such as…

Bahrain's energy transition will be slow

Location:

BAHRAIN

Its sovereign wealth fund, Mumtalakat, announced on November 30 that it was establishing a USD750mn fund to invest in climate-related projects. On the same day, the Bahraini…

Algeria’s budget will drive up public debt

Location:

ALGERIA

The budget is geared towards boosting living standards ahead of the presidential elections towards the end of the year, in which President Abdelmadjid Tebboune will most likely…