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Sportswashing by Gulf states will evolve further

Location:

GULF STATES

Sportswashing, once the domain of pariah states hosting large sports events, has evolved to include sovereign investment in European and US sports. As these investments become…

Saudi Arabian funding will change the business of golf

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SAUDI ARABIA

LIV Golf is Saudi Arabia’s Public Investment Fund’s expansion into the world of men’s professional golf, launched in 2022. The US PGA Tour and the European Tour have dominated…

Bahrain’s tourism strategy will face stiff challenges

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BAHRAIN

Tourism development forms a key plank of Bahrain’s long-term economic growth strategy. However, almost all its Gulf peers are pursuing the same goal, armed with often-superior…

Qatar will prioritise US and Asian investments

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QATAR

Doha is boosting the liquidity of the QIA, its sovereign wealth fund (SWF), using some of its high fiscal surplus. The SWF is in the midst of a period of portfolio rebalancing, by…

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

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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…

Saudi Arabia’s football league will grow strongly

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SAUDI ARABIA

In June, the Saudi sovereign wealth fund, the Public Investment Fund (PIF), took over four domestic football clubs, including Al Hilal. The PIF is aggressively targeting European…

Qatar will lean on core LNG strength post-boycott

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QATAR

Qatar is putting a massive planned liquefied natural gas (LNG) hike at the centre of its next phase of economic growth. This comes as relations with Gulf neighbours improve, and…

Prospects for the Gulf states in 2022

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PROSPECTS 2022

Prospects for the Gulf states in 2022.

Morocco will chart a new stage for the car industry

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MOROCCO

The new projects include a venture launched in the United Kingdom at the end of May that aims to produce electric sports utility vehicles (SUVs) in Morocco. Earlier in May, King…

The sluggish Emirati economy faces new challenges

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UNITED ARAB EMIRATES

This partly reflects the February 16 decision of DP World to delist its shares, which dominated the Nasdaq Dubai, but also comes amid other troubling recent economic developments…