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Saudi economic reform will be gradual

Location:

SAUDI ARABIA

The government has recently taken some modest steps to rein in the budget deficit, including cuts in energy subsidies, and has promised to improve disclosure of its fiscal…

Saudi Aramco signals fresh momentum behind IPO plans

Location:

SAUDI ARABIA

Reports last month that Aramco had selected Lazard for a contract to work as adviser on the IPO breathed new life into a deal that has been marking time since mid-2018…

Geopolitical tensions will add to UAE cyber threats

Location:

UAE

The threats and capabilities of UAE in cyber security.

Military will obstruct economic reforms in Egypt

Location:

EGYPT

These include publishing a strategy document on changing the state's role in the economy and placing the assets of five companies, two of them owned by the military, with the…

Institutional rivalry hinders Tunisian security

Location:

TUNISIA

The agreement is a signal of deepening military ties between Tunisia and Western governments. Foreign military assistance has been vital in improving Tunisia’s counterterrorism…

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…

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…

Israel’s AI sector will struggle amid Gaza conflict

Location:

ISRAEL

It cited investor capital shortfalls amid the Gaza conflict, also highlighting another USD4mn allocated to early-stage Palestinian businesses. Israel’s government in December 2023…

Efforts to recover Libyan assets will face challenges

Location:

LIBYA

With an estimated USD100bn at stake, the Libyan Asset Recovery and Management Office (LARMO) was established in 2017 and is the sole official entity established to deal with this…

Imposing Iraqi fiscal discipline will face challenges

Location:

IRAQ

The government is preparing to send the 2023 budget to parliament. Some politicians favour a large increasing in spending, giving little space for technocratic arguments that the…