Uncertainty in the Gulf as companies prepare to unveil unequal toll of Iran war on businesses
The fortunes of regional economies, many built around hydrocarbons, largely depend on how reliant they are on the Strait of Hormuz that provides the only sea access to the Gulf. The economy of Saudi Arabia, which also has oil terminals on the Red Sea, will grow 2.1 per cent this year, HSBC forecasts show.
UAE exit from OPEC signals desire for autonomy in an increasingly volatile oil industry
On a larger scale, Jumaa Mohammed, a politics professor at Iraq’s Tikrit University, argues that the OPEC has increasingly struggled to balance the differing production strategies of its members.
‘UAE has encircled Sudan in a ring of fire’ research team tells US Congress and links Kenya and Ethiopia to Darfur killings
Tiny in size but enormously wealthy, the Emirates supports a network of factions across the region to spread its influence. In long-divided Libya, the UAE has supported forces of the military strongman Khalifa Hifter against Islamist and other militias based in the capital, Tripoli.
AU conference told world requires $7-$23 trillion for water investment between now and 2050
As part of their inclusive, transparent and extensive consultation process, both the UAE and Senegal further used this plenary session to collect views from stakeholders on tangible recommendations and deliverables to fast track water investments in Africa, with the aim of showcasing these at the 2026 UN water conference.
