News, economy and analysis from across the Middle East
EnergyAnalysis
The North African nation is boosting upstream exploration and bringing new wells online, alongside securing significant financing for Africa's largest solar project, to meet soaring energy demand.
The significant increase in accommodation is part of a wider national strategy to transform the global sporting event into long-term economic gains for the North African nation.
A major joint venture between Italy's Eni and Libya's National Oil Corporation has completed a long-awaited gas recovery project, promising significant environmental and economic benefits.
Egypt's six-day forum gathered 8,000 participants to chart a national economic course beyond the IMF programme, focusing on private sector growth and fiscal health.
Brent crude oil prices have fallen from a five-month high. A US waiver on Russian sanctions allowing increased diesel exports signals shifting supply dynamics for energy producers.
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.