Memos

Expert insights to understand regional trends.

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Red Sea, Iran energy threats amplify 2025 global economic risks as trade wars, Trump loom

Samuel Wendel

In Washington, DC, reporting on regional business and tech

NEW YORK, NEW YORK - SEPTEMBER 30: A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. A massive strike that could shut down ports across the East and Gulf coasts could begin at midnight as members of the International Longshoremen’s Association continue to make salary and other demands to the United States Maritime Alliance, which controls many of the ports across the country. (Photo by Spencer Platt/Getty Images)

Cars drive along a street in front of high-rise buildings in Dubai, on February 18, 2023. - Home to towering skyscrapers and ultra-luxury villas, Dubai saw record real estate transactions in 2022, largely due to an influx of wealthy investors, especially from Russia. (Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

UAE aims to attract family offices to boost stature as wealth hub

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business

Solar pannels cover the rooftops of the buildings of the Makhtar boarding school on September 29, 2022, in the Tunisian central-west region of the same name. - The Makthar boarding school, a unique business initiative is both generating income and opening pupils' minds to the outside world. Lotfi Hamadi, founder of the NGO "Wallah (Swear to God) We Can", is hoping that helping schools boost their resources through food and energy production can breathe new life into Tunisia's failing, cash-strapped educatio

Tunisia’s green hydrogen strategy will need domestic stakeholders

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

Co-founder and Ceo of Starz Play Maaz Sheikh poses in his office in Dubai on April 23, 2019. Streaming services in the Middle East are competing for Arab audiences with US giant Netflix set to release its first Arabic production in June, chasing a slice of a potentially lucrative market. (Photo by GIUSEPPE CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Netflix in crosshairs as Middle East streaming competition mounts

Samuel Wendel

In Washington, DC, reporting on regional business and tech

TEHRAN, IRAN - JULY 6: Newly-elected Iranian President Masoud Pezeshkian speaks during a visit to the shrine of the Islamic Republic's founder Ayatollah Ruhollah Khomeini on July 6, 2024 in Tehran, Iran. Masoud Pezeshkian, considered the reformist candidate among the six approved contenders for the country's presidency, won office on Friday after a runoff election. (Photo by Majid Saeedi/Getty Images)

How will Iran's new government impact its foreign and energy policy?

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Turkish President Recep Tayyip Erdogan delivers a speech during a national event at the Turkish Pavilion of Expo 2020, in the Gulf emirate of Dubai on February 15, 2022. (Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

Growing Gulf-Turkey investment ties evolving unevenly following Erdogan’s $50B breakthrough

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Media film and photograph the Abdulhamid Han drill ship, the fourth built by Turkey, in Mersin on August 9, 2022 before it leaves for gas exploration to an undisputed area in the Mediterranean Sea, in south of the city of Gazipasa. - Turkey on August 9, 2022 sent its newest drill ship on the first eastern Mediterranean energy exploration mission in nearly two years. The search for natural gas in energy-rich waters around the divided island of Cyprus has turned into an irritant in Turkey's ties with the Euro

Turkey’s natural gas hub: the end of a dream?

Gerald Kepes

In Washington, DC, reporting on regional energy trends

In this picture taken on May 10, 2023, people attend the UAE Climate Tech Forum in Abu Dhabi. Faced with mounting pressure over planet-heating pollution, the Arab Gulf's energy giants are turning to humble tech start-ups as they search for ways to remove emissions while keeping oil flowing. (Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

Tech investment slump reaching critical stage for cash strapped Middle East startups

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Women queue to fill containers with water from a private irrigation well provided by a farmer in Sbikha town, which has been having drinking water problems for years, near Tunisia's central city of Kairouan on June 25, 2024. Like its neighbour Algeria and large areas of the Mediterranean region, Tunisia suffers from "alert drought conditions", according to the European Drought Observatory. (Photo by FETHI BELAID / AFP) (Photo by FETHI BELAID/AFP via Getty Images)

Algeria’s desalination ambitions to come with heavy financial burden

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

This picture taken December 12, 2019 shows a man monitoring the board at the Stock Exchange Market (Tadawul) bourse in Riyadh. - Energy giant Saudi Aramco's market value soared above $2 trillion as its share price surged again on its second day of trading. The valuation milestone was sought by Saudi Crown Prince Mohammed bin Salman when he first floated the idea of selling up to five percent of Aramco, the world's largest oil firm, about four years ago. Aramco shares jumped another 9.7 percent to 38.60 riya

Is Saudi Arabia’s $100B foreign investment drive starting to yield results?

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Ground crews prepare an Emirates Boeing 777-300ER aircraft, powering one of its engines with a hundred per cent Sustainable Aviation Fuel (SAF), for a demonstration flight at the Dubai International Airport in Dubai, on January 30, 2023. - Emirates said it successfully flew a Boeing 777 powered by sustainable aviation fuel today, as the Middle East's largest airline aims to halve its jet fuel consumption. The Dubai-based carrier has used sustainable aviation fuel (SAF) since 2017, but said its test flight w

Are GCC states prepared for net zero in aviation?

Kate Dourian

In Dubai, reporting on energy

This picture taken on October 12, 2022 shows a view of solar panels used to power irrigation pumps along the Afir agricultural canal near the city of Kafr el-Dawwar in Egypt's northern province of Beheira. (Photo by Khaled DESOUKI / AFP) (Photo by KHALED DESOUKI/AFP via Getty Images)

Egypt needs clean energy to shine after $50B bailout, but will it?

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Employees and volunteers take part in a charity work organized by Humanitarian Relief Foundation (IHH) in order to send humanitarian aid to the Palestinian people in Ankara, Turkey on May 31, 2024. (Photo by Altan Gocher / Hans Lucas / Hans Lucas via AFP) (Photo by ALTAN GOCHER/Hans Lucas/AFP via Getty Images)

Why Turkey won’t be able to walk back from ban on Israel trade

David Rosenberg

David Rosenberg

In Tel Aviv, reporting on business and tech