Analysis

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Oil: coming year to be even more turbulent than outgoing one

Oil: coming year to be even more turbulent than outgoing one

The global oil supply map may be reshaped indefinitely as a result of the crisis in Ukraine, with the G7 group of nations imposing sanctions on Russia as well as a price cap on Russian crude. But the potential impact from a wider downturn in …

Tourism rebounds but there is lack of planes

Tourism rebounds but there is lack of planes

As travel springs back and even China dismantles the last remaining Covid curbs, one stark truth is beginning to emerge — the world is running desperately short of planes

The year of the fintech just getting started in Persian Gulf

The year of the fintech just getting started in Persian Gulf

The rise of technological advancements in the Middle East has spun across all sectors, with financial technology becoming a trademark for innovation. The fintech sector has become one of the most important industries in the world, gaining the …

Space exploration flourishes in 2022

Space exploration flourishes in 2022

It's been a busy year for space exploration. China completed the main structure of its orbiting space station, the ISS got its first female European commander and NASA launched the first flights in its long mission to put humans back …

Green hydrogen: The answer to the world's energy woes?

Green hydrogen: The answer to the world's energy woes?

The green hydrogen revolution is swiping across the gulf states. In 2021, the UAE inaugurated the Gulf's first ever "green hydrogen" plant. KSA based ACWA Power, has nearly completed financing for a $5bn green-hydrogen …

Saudi oil revenue falls to $25bn, lowest since February

Saudi oil revenue falls to $25bn, lowest since February

Saudi Arabia's revenue in October from crude oil exports and products such as diesel, fell to the lowest figure since February, the kingdom's statistics office said on Thursday. The office reported that in the month of …

Azerbaijan and Europe speed up the green energy deal

Azerbaijan and Europe speed up the green energy deal

Since the signing of the "Contract of the Century" between Azerbaijan and 13 international energy companies in September 1994, Azerbaijan begun to export energy, particularly crude oil, to global energy markets

Israel pivots to Asia

Israel pivots to Asia

The shape of this government, along with Netanyahu’s personal criminal trial, will impact how this new government approaches Israel’s relations with Asia

Global coffee crisis is brewing

Global coffee crisis is brewing

Climate change has been central to the good times and instrumental to coffee’s discouraging prognosis in Indonesia

Egypt may become energy hub due to gas field discovery

Egypt may become energy hub due to gas field discovery

A new gas field was recently discovered in the Nargis block of the eastern Mediterranean. Egypt hopes the new discovery will help it reach its aspiration of being a central energy exporter in the region, …