News, economy and analysis from across the Middle East
EnergyAnalysis
Doha's latest commitment aims to rebuild Lebanon's dysfunctional electricity sector with no upfront cost to Beirut, potentially offering a more reliable power supply for homes and businesses.
Baghdad's crude production reached its highest point this year, signalling a recovery from war-related disruptions. This rebound is crucial for the nation's finances.
Algeria and South Africa are enhancing cooperation across oil, gas, and other key sectors, aiming to boost economic integration and investment. This strategic shift could reshape trade flows for both nations.
The decision offers a temporary shield against rising costs for Egyptian households and businesses, but the government's commitment to ending fuel subsidies by 2025 looms large.
Egyptian officials are in Bangkok advocating for expanded financial tools and greater private sector involvement to bolster the nation's economic recovery amid regional challenges.
A recent missile strike on Saudi Aramco's Dhahran headquarters has rattled investor confidence, threatening the Kingdom's ambitious Vision 2030 economic transformation goals. This escalation prompts questions about the security of vital energy infrastructure.
A joint operating body led by BP has taken over four major oilfields in northern Iraq to boost output and capture gas for power generation.
Egypt's currency is under renewed pressure, driven by substantial financing requirements and broader geopolitical instability in the region. This shift affects import costs and investment outlook.
After more than a decade of isolation, Syria is taking crucial steps to rejoin the global financial system, signalling a path to strategic trade and investment.
Oman is forging ahead with geothermal energy studies to diversify its power mix, while state-owned OQ Exploration and Production is establishing a $2 billion sukuk program to fuel its growth ambitions.