Egypt lands $572M UAE-backed solar deal, expanding Gulf's clean-energy footprint Gulf companies have been increasing their investments in North African renewable energy. Egypt
Israel's Netanyahu approves $35B natural gas megadeal with Egypt Prime Minister Benjamin Netanyahu announced Israel will sell Egypt natural gas worth $35 billion, in the biggest-ever deal of its kind for the country. Israel
Meloni to attend GCC summit in Bahrain as Italy deepens Gulf ties The summit is expected to focus on economic integration in the Gulf, but regional issues will likely loom just as large, including post-war Gaza and the conflict in Sudan. Bahrain
UAE showcases global AI ambitions with $1B Africa pledge at G20 The Gulf country is the world's top investor in Africa, with Emirati companies committing $100 billion to projects on the continent between 2019 and 2023, according to data from the Financial Times. United Arab Emirates
Analysis Morocco's UN-backed Western Sahara plan offers investors some reassurance By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi Arabia sends blue ammonia to South Korea Saudi-South Korean energy and economic cooperation is increasing. Other Gulf states are also exploring blue ammonia, and the energy source has both benefits and downsides. Legacy: Gulf
Israel earmarks residential rooftops for electricity production The new strategy of the Ministry of Energy includes encouraging residential buildings to install solar panels that would then be connected to the national electricity grid. Israel
PRO: Middle East climate tech startups to be hot investment in 2023 A handful of regional firms have received significant investments recently. By Al-Monitor Staff
Iran produces pickup truck in compliance with EU emission standards Khodro’s Foton Tunland complies with the European Union’s Euro VI emission standards for heavy vehicles. Iran
Egypt, US, Germany launch plan to reduce methane emissions The COP27 initiative seeks to accelerate Egypt's green energy transition. Egypt
Egypt reaps economic, political gains from COP27 Egypt has achieved several major deals as well as boosted its foreign policy by hosting COP27. Egypt
Israel, Jordan sign first environmental agreement at COP27 The environmental agreement signed yesterday between Israel and Jordan is the first such development ever between the two countries. Israel
GCC states focused on both oil, green energy at COP27 During the COP27 in Egypt, Gulf Cooperation Council states have focused on both oil and green energy in light of rising energy demand and the nations’ reliance on energy exports. Legacy: Gulf
Etihad launches initiative on sustainable aviation fuel to decarbonize flights Sustainable aviation fuel, which is sourced from biological materials, has great carbon reduction potential. However, airlines' reluctance to spend more on fuel is hampering its development, according to some observers. Legacy: Gulf
Saudi Aramco makes $7 billion investment in South Korea during crown prince’s visit Saudi Crown Prince Mohammed bin Salman is seeking to boost energy, defense and investment cooperation with Seoul during his trip. Legacy: Gulf
Saudi Arabia continues inroads into Africa with Guinea water project The Saudi Fund for Development’s grant to the West African country will also utilize solar power technology. Legacy: Gulf
Israeli environment minister strives for regional cooperation at COP27 Outgoing Minister for Environmental Protection Tamar Zandberg calls on the new Israeli government not to give in to small politics, but continue engagement to battling climate change, reducing greenhouse gas emissions and reducing plastic pollution. Israel
