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
UAE pledges up to $50B for Canada during Carney's Abu Dhabi visit The agreement was signed by Canadian Prime Minister Mark Carney and UAE President Mohammed bin Zayed Al Nahyan on Friday, during the former’s official visit to Abu Dhabi. United Arab Emirates
Syria signs deals with ConocoPhillips, Novaterra Energy: What to know Syria signed a memorandum of understanding with US energy companies ConocoPhillips and Novaterra Energy to develop and explore gas fields as Damascus works to revive the country’s battered natural gas sector. Syria
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
Despite divide over settlements, Israel expands energy cooperation with Egypt Israel’s Energy Minister Israel Katz chose to travel to Egypt for his first visit abroad since taking office. Israel
COP-28 head Sultan Al Jaber: UAE ‘running toward’ energy transition As the climate summit president continues to face criticism for his role as head of the UAE's state oil producer, Sultan Al Jaber argued that his position will serve more as an asset than an obstacle to energy transition. Legacy: Gulf
Turkey plans to expand renewable energy but sticks to coal, nuclear Clean energy advocates say Turkey should speed up its shift to renewable sources not only out of environmental concerns, but also to reduce its costly reliance on imported energy. Turkey
Oman continues economic reforms by listing drilling company on stock exchange Oman’s fiscal performance has improved in the last year, and the country wants to produce more alternative forms of energy, such as hydrogen. Legacy: Gulf
OPEC Fund raises $1 billion via sustainability bond Gulf states in the organization are showing increasing interest in funding projects related to the environment, renewable energy and green technology. Legacy: Gulf
South Korea-UAE visit showcases alignment on arms, energy deals A $30 billion pledge from the UAE to invest in South Korean industries was one outcome of the four-day visit By Salim A. Essaid
Negev Forum convenes in UAE with Jordan absent from Arab-Israeli meeting Senior officials from the United Arab Emirates, Bahrain, Egypt, Morocco, the United States and Israel have convened in Abu Dhabi for the third Negev Forum steering committee meeting. Israel
Abu Dhabi to invest $15 billion in decarbonization The Abu Dhabi National Oil Company’s interest in carbon capture and hydrogen is not new, and is part of a wider shift in the United Arab Emirates. Legacy: Gulf
Dubai’s use of solar power increased in 2022 Dubai is playing a large role in the UAE’s move toward solar energy. Legacy: Gulf
Elon Musk’s electric vehicle company Tesla hiring in Turkey The US electric vehicle maker already has a presence in Jordan and Israel and could soon launch in Turkey, where Musk has a good relationship with President Erdogan. Turkey
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
