Morocco: An African Partner to Help Build a Greener Europe?
Economics , Technology

Morocco: An African Partner to Help Build a Greener Europe?

Despite the enormous economic and social impacts of the COVID-19 pandemic and the Russian invasion of Ukraine, the green transition continues to rank among the key priorities of the European Union (EU). In December 2019, the EU presented the Green Deal, an ambitious multi-year action plan that aims to make Europe climate-neutral by 2050 by using renewable energy to preserve the competitiveness of its economy while ensuring sustainable growth.

April 22, 2022
Steps Towards Economic Recovery in a Fragile Iraq?
Economics

Steps Towards Economic Recovery in a Fragile Iraq?

After two decades of war, Iraq continues to grapple with economic, political, security and environmental problems. The last legislative elections were held in October 2021 and saw the victory of the Sadrist Movement, led by Moqtada Al-Sadr. Since then, the many political groupings in the national parliament have repeatedly failed to elect the country’s president, a primarily symbolic position in this country governed by a parliamentary system. The presidential elections, which were to be held in February 2022, have been postponed indefinitely.

April 13, 2022
World Government Summit, Dubai: Building More Resilient Societies through Embracing Innovation
Technology

World Government Summit, Dubai: Building More Resilient Societies through Embracing Innovation

In recent years, the world has witnessed a number of critical developments, particularly in the field of technology, the consequences of which are felt in the areas of work, health, education, the economy and politics. The COVID-19 pandemic and its many consequences have further intensified disruptive phenomena worldwide and experts agree that we will need to continue to adapt to these changes for the foreseeable future.

April 7, 2022
Germany and UAE Sign New Energy Cooperation Agreements
Economics , Technology

Germany and UAE Sign New Energy Cooperation Agreements

Since the Russian invasion of Ukraine, the European Union, which has consistently opposed and condemned the aggression, has also sought to alleviate its dependence on Russian gas and oil. Germany, in particular, depends heavily on Russia for its energy supply (it imports 55 % of its natural gas from Russia). To ensure the survival of its industries, finding a new supplier is therefore crucial to Berlin.

March 30, 2022
Securing Investments: Erdoğan’s Visit to the UAE
Politics, Economics

Securing Investments: Erdoğan’s Visit to the UAE

Over the past few months, diplomatic relations between Turkey and the United Arab Emirates (UAE) have steadily improved. These warming ties are largely due to a charm offensive initiated by Turkish President Recep Tayyip Erdoğan with the Gulf countries at a time when his country’s economy is in dire straits. Owing to this rapprochement, Turkey had managed to secure deals worth USD 10 billion, in the areas of energy and technology, during Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan's visit to Ankara in November 2021.

February 24, 2022
Saudi’s Call for Flexibility in the Energy Transition
Security, Economics

Saudi’s Call for Flexibility in the Energy Transition

The UN Climate Change Conference (COP26), which was billed the "last, best hope" to save the planet, was held in Glasgow, United Kingdom, in November 2021. There exists a clear consensus among nations that urgent climate action is needed, while numerous organisations and activists have called for world governments to bring tangible plans to the table, rather than mere promises, to prevent an irreversible rise in temperatures, the repercussions of which, scientists have warned, are likely to be catastrophic.

January 24, 2022
Towards a UK-UAE Free Trade Agreement?
Economics

Towards a UK-UAE Free Trade Agreement?

While negotiations on a free trade agreement (FTA) between the European Union (EU) and the Gulf Cooperation Council (GCC) have been stalled for several years (i.e.: negotiations started in 1990 but were halted in 2008 following several challenges), the negotiations between the United Kingdom (UK) and the United Arab Emirates (UAE) appear to be nearing the signing of an ambitious agreement.

January 18, 2022
UAE: Oil Rebound and Economic Growth
Economics

UAE: Oil Rebound and Economic Growth

As reported previously, the Gulf countries are showing encouraging signs of economic recovery. While the economic diversification drive has helped a significant number of innovative companies active in non-oil sectors to emerge in recent years and grow stronger during the coronavirus pandemic, the oil sector has also contributed to the economic rebound of the Gulf region.

January 11, 2022
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

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