A New Strategic Economic Plan for Bahrain
Economics

A New Strategic Economic Plan for Bahrain

While the oil industry is rapidly declining, many oil monarchies that are still heavily depending on oil have accelerated their diversification strategies. This is the case for all Gulf countries, including the Kingdom of Bahrain.

December 1, 2021
DEEPENING RELATIONS UNDER THE ABRAHAM ACCORDS: EMIRATES TO LAUNCH DAILY FLIGHTS TO CONNECT DUBAI TO TEL AVIV
Economics , Technology

DEEPENING RELATIONS UNDER THE ABRAHAM ACCORDS: EMIRATES TO LAUNCH DAILY FLIGHTS TO CONNECT DUBAI TO TEL AVIV

In September 2020, the United Arab Emirates (UAE) formalised the normalisation of its diplomatic relations with Israel by signing the "Abraham Accords", alongside Bahrain, Morocco and Sudan. Since then, the two countries have continued to deepen their relations through various cooperation endeavours, notably in space research.

November 9, 2021
ECONOMIC DIVERSIFICATION ON ITS WAY: HOW NON-OIL SECTORS ARE DRIVING ECONOMIC RECOVERY IN SAUDI ARABIA AND THE UNITED ARAB EMIRATES
Economics

ECONOMIC DIVERSIFICATION ON ITS WAY: HOW NON-OIL SECTORS ARE DRIVING ECONOMIC RECOVERY IN SAUDI ARABIA AND THE UNITED ARAB EMIRATES

Heavily affected by the COVID-19 pandemic, Saudi Arabia and the United Arab Emirates (UAE) are showing encouraging signs of economic recovery.

November 8, 2021
GULF STATES FOCUS ON THE POTENTIAL OF HYDROGEN POWER
Economics , Technology

GULF STATES FOCUS ON THE POTENTIAL OF HYDROGEN POWER

As the world’s leading nations continue to grapple with the challenges posed by climate change there are signs that the Gulf states are becoming increasingly focused on the development of green hydrogen, not just as an alternative to oil and gas, but as a fuel that could generate considerable energy revenues for the region.

May 26, 2021
EU AMBASSADOR HIGHLIGHTS ECONOMIC OPPORTUNITIES FOR GULF STATES
Economics

EU AMBASSADOR HIGHLIGHTS ECONOMIC OPPORTUNITIES FOR GULF STATES

The European Union marked Europe Day on 9 May, 71 years from the day that the Schumann Declaration was agreed between Germany and France, laying the foundation for the creation of today’s EU. The EU’s Ambassador to Saudi Arabia, Bahrain and Oman, HE Patrick Simonnet, used the opportunity not only to remind the Gulf states of how Europe has recovered from the carnage of the first half of the 20th century but also to draw parallels between the EU’s New Green Deal and the various Vision statements set out by all the GCC’s member states.

May 10, 2021
OPEC+ DEVELOPMENTS: PRODUCTION CONSTRAINTS EASING AS ENERGY DEMAND RECOVERS
Economics

OPEC+ DEVELOPMENTS: PRODUCTION CONSTRAINTS EASING AS ENERGY DEMAND RECOVERS

The energy ministers of OPEC and Russia, so-called OPEC+, met on 27 April to review continuing constraints on oil output against a backdrop of more optimistic forecasts for demand rising for the rest of this year and a steady improvement in the global outlook for the next stages of the coronavirus pandemic.

May 4, 2021
CLIMATE CHANGE: AGRICULTURE INNOVATION MISSION (AIM)
Economics , Technology

CLIMATE CHANGE: AGRICULTURE INNOVATION MISSION (AIM)

Last week, the US Special Envoy for Climate John Kerry was again flying around the world in support of President Biden’s determination to restore America’s leading credentials in the fight to combat climate change. Last week, he visited the UAE as part of a wider trip that included stops in the UK and Bangladesh.

May 3, 2021
THE GULF ALONG CHINA’S BELT AND ROAD
Economics

THE GULF ALONG CHINA’S BELT AND ROAD

China’s global ambitions continue to be amply demonstrated through Beijing’s determined pursuit of its ‘Belt and Road Initiative’ (BRI) which, since 2013, has seen the emergence of world-girdling infrastructure links with more than 150 partner countries, including the Gulf states and with the EU.

April 28, 2021
SAUDI RED SEA PROJECT GETS GREEN FUNDING
Economics

SAUDI RED SEA PROJECT GETS GREEN FUNDING

Over the past three years, international capital markets have agreed to a framework for ‘green financing’ that seeks to encourage new projects that recognise the need to limit carbon emissions and reverse the impact of climate change.

April 26, 2021

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