How the EU can boost its sluggish competitiveness
The European Commission is once again focused on boosting Europe’s competitiveness, this time by integrating the bloc’s capital…
IMF approves $700 million to address Jordan’s long-term vulnerabilities
The International Monetary Fund (IMF) approved roughly $700 million to Jordan on Wednesday to address its long-term vulnerabilities.…
Abu Dhabi’s G42 sets up new unit to serve AI market in Europe and UK
UAE artificial intelligence major G42 has set up a new unit that will serve the European and British…
Turkey boosts domestic gas for leverage over Europe and Iran
Twenty-five years ago, I drove through south-eastern Turkey. The town of Kahta was enjoying an oil boom, modest…
Abu Dhabi-based VC fund EQIQ bets big on Iraq’s tech start-ups
When Mohamed Al Hakim walked into his boss’s office in London in the summer of 2014 to submit…
Syria receives major wave of investments in six months since Assad’s fall
Syria has attracted growing international investment and aid commitments in the six months since the fall of the…
Turkey’s Kalyon Enerji seeks global expansion of its renewable business after $7bn Syria deal
Turkey’s Kalyon Enerji, in which Abu Dhabi’s International Holding Company has a 50 per cent stake, aims to…
Falling oil prices have taken toll on Iraqi economic activity, IMF says
A snack vendor waits for customers in Baghdad. Iraq’s non-oil gross domestic product is expected to have moderated…
Opec+ announces June oil output increase of 411,000 barrels a day
Opec’s output decision, together with US trade tariffs, helped to drive oil prices below $60 a barrel to…
Iran port blast: What it means for the country’s economy and the oil market
Smoke rising behind damaged containers following an explosion at the Shahid Rajaee port dock, south-west of Bandar Abbas.…
Western sanctions relief will not bring big oil firms back to Syria immediately, analysts say
Syria’s oil and gas production in 2011 was about 500,000 barrels of oil equivalent per day (boed), which…
Quest for energy pragmatism is not wrong but it can prove dangerous
The Tuco glacier in Huascaran National Park, in Huaraz, Peru. Climate change can lead to abrupt shifts in…