Five global firms shortlisted in Morocco's controversial Western Sahara energy plans Construction on the multibillion-dollar energy project, based in Dakhla in the disputed territory, is scheduled for completion in 2029. Morocco
Even with MBS absent, Saudi Arabia and UAE poised to make deals at G20 Gulf states will look for agreements and trade deals with partners from South America and elsewhere ahead of US President-elect Donald Trump's inauguration in January. United States
UAE's ADNOC doubles down on gas, allocating $15B over next 5 years In a Monday statement ADNOC Gas said it had raised its capital expenditure plan to around $15 billion for the next five years, from about $13 billion. United Arab Emirates
Middle East businesses lack clear climate guidelines, WEF report warns Middle Eastern and North African companies face increasing pressure from investors, regulators and global markets to strengthen transparency and adopt more sustainable business models. Morocco
Analysis Even with Greece venture, Egypt's energy hub ambitions remain far off By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Egypt enlists Australian company to help develop green hydrogen project Green hydrogen is receiving more attention in Egypt ahead of the upcoming UN climate change conference in Sharm el-Sheikh. Egypt
Dubai supplier to replace coal with natural gas in bid to reduce carbon emissions The Abu Dhabi National Oil Company signed an agreement to provide Dubai with natural gas, which will be used to generate electricity. Natural gas is a relatively clean fuel but does lead to carbon emissions. United Arab Emirates
With warming of diplomatic ties, Israel, Turkey expect bilateral trade boom Now that diplomatic relations have improved, Israel hopes to increase and expand its exportations to Turkey in fields such as water treatment, smart agriculture and energy. Israel
China’s NWTN to build electric vehicle facility in Abu Dhabi The deal represents the UAE’s push toward green technology, as well as China’s growing influence in the wider region. Gulf
Saudi firm Alfanar to build green hydrogen plant in Egypt Saudi Arabia is helping Egypt boost its renewable energy capabilities. Egypt
On visit to Algeria, France’s Macron advances post-colonial reconciliation The presidents of France and Algeria signed Aug. 27 a pact for a new partnership between the two countries, announcing the setting up of a joint historian commission to explore the colonial period, alleged French crimes and the bloody eight-year independence war. Algeria
Israel to invest more in Egyptian renewable energy projects Israel plans to invest more in the field of power generation with renewable energy in Egypt, after two Israeli companies announced a major plan to carry out several projects to this effect. Egypt
UAE non-oil trade increases as Gulf state seeks reduced oil dependence The news follows trade agreements the Gulf state made with Israel and India. United Arab Emirates
Saudi Arabia strengthens ties with Uzbekistan via wind power, investment deals Uzbekistan’s relations are also improving with the United Arab Emirates and Israel. Gulf
Israel, Turkey to reappoint ambassadors, opening new chapter in relations After 20 months of courtship, Jerusalem now believes Ankara and Turkish President Recep Tayyip Erdogan are sincere in their efforts to rehabilitate bilateral ties. Israel
Egypt to mobilize investments for climate projects ahead of COP27 The first regional forum organized by the Egyptian presidency of the UNFCCC COP27, among five forums aimed at encouraging investment in climate action, kicked off in Addis Ababa Aug. 2. Egypt
Syria and North Korea discuss repairing Syrian engineering and industrial sectors Syrian industry has experienced substantial losses as a result of the war between government and rebel forces. Syria
