Legacy: Gulf - AL-Monitor: The Middle Eastʼs leading independent news source since 2012

Legacy: Gulf

The PwC Tower, or Libeskind Tower, Milan, March 12, 2021.

Analysis

Can Gulf states slash costly reliance on Western consultancies?

A one-year ban on PwC acquiring work in Saudi Arabia has highlighted the Gulf states' dependency on Western firms and the need to develop local consultancies and talent.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Employees of Aramco oil company work in Saudi Arabia's Abqaiq oil processing plant on September 20, 2019.

Analysis

Can Saudi Arabia afford giga-projects with oil prices under $75 per barrel?

Riyadh could soon run a current account deficit as oil revenue declines amid huge spending commitments toward ambitious Vision 2030 projects. Saudi-led OPEC has also deferred an output increase plan to allow more time to reach desired oil prices.

Jennifer Gnana

Samuel Wendel

By Jennifer Gnana , Samuel Wendel

GIUSEPPE CACACE/AFP via Getty Images

UAE's final unit of Barakah nuclear reactor hooked to grid: What we know

The Emirates is the only Gulf country with a nuclear power program, though neighboring Saudi Arabia also has atomic power ambitions.

United Arab Emirates

A cargo ship is docked at the port of Yemen's Huthi-held city of Hodeida on July 28, 2024. Photo by -/AFP via Getty Images)

Saudi entity denies its ship hit as Houthis claim attack on Greek tanker

Saudi Arabia's national shipping company Bahri denied reports that its tanker Amjad came under attack by the Houthis, the Yemeni armed group that has stepped up attacks on oil tankers in the Red Sea.

Latest News

Analysis

Telegram CEO's arrest spotlights UAE’s investment-based citizenship laws

MUNICH, GERMANY - JANUARY 24: Pavel Durov of Vkontakte speaks during the Digital Life Design conference (DLD) at HVB Forum on January 24, 2012 in Munich, Germany. ence and culture which connects business, creative and social leaders, opinion-formers and investors for crossover conversation and inspiration. (Photo by Nadine Rupp/Getty Images)

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Heavy floods hit Dubai, airport as Oman toll rises to 18

Dubai's roads were badly hit by the heavy downpours

Agence France-Presse

Oman launches $5 billion 'Future Fund' in sign of economic progress

HAITHAM AL-SHUKAIRI/AFP via Getty Images

Al-Qaeda attack in Yemen kills 2 members of southern forces

Security forces deploy near Aden International Airport in Yemen's southern city on April 14, 2023 during a prisoner exchange between the internationally recognised-government and the Sanaa-based Huthi rebels.

Egyptian President Abdel Fattah al-Sisi and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan attend a welcome ceremony at Al-Watan presidential palace, Abu Dhabi, United Arab Emirates, Nov. 14, 2019.

Abu Dhabi port operator acquires stake in Egyptian shipping firms

Gulf countries are interested in buying Egyptian assets as the country’s economy falters.

An aerial view of Khalifa Port is seen in Abu Dhabi April 10, 2014. State-owned Abu Dhabi Ports Co (ADPC) expects a surge in shipping traffic towards the end of this year as work on major infrastructure projects in the United Arab Emirates capital gathers pace, the company's chief executive said. Khalifa Port, built on a man-made island roughly half-way between Abu Dhabi and Dubai, came on stream in 2012 after Zayed Port, which had been serving Abu Dhabi for over 40 years, reached full capacity. Picture tak

Middle East container ports expand growth, investment opportunities

Afshin Molavi

An employee walks on the Expedient regasification ship, anchored off the coast of Israel in the Mediterranean Sea on February 26, 2015, as natural gas began flowing from the vessel, hired by the Israel Electric Corporation, to its power stations. The ship, anchored about ten kilometres from the Hadera coast, was connected the previous week to the marine buoy and as of February 25, natural gas has begun flowing from the LNG (liquid natural gas) ship through an underwater pipeline directly to the company's po

New opportunities in gas production to define future of Middle East energy giants

In Washington, DC, reporting on regional energy

A general view taken on May 29, 2019, shows the seafront promenade in the Emirati capital, Abu Dhabi, with the Abu Dhabi National Oil Company headquarters (C).

Abu Dhabi National Oil Company sends ammonia to Japan

The UAE is making a push to boost its green technology sector and reduce dependence on oil.

The Karnak Temple in Upper Egypt's ancient city of Luxor is pictured on March 1, 2020 with the Chinese flag in solidarity with the Chinese people amidst a world outbreak of coronavirus COVID-19, which originated in China. (Photo by - / AFP) (Photo by -/AFP via Getty Images)

China will expand energy, economic partnerships — not security — in Middle East

Howard J. Shatz

Howard J. Shatz

GIUSEPPE CACACE/AFP via Getty Images

Dubai prepares for launch of first 'self-driving' taxis

Dubai has begun a digital mapping project for a fleet driverless taxis.

A man looks on near the stand of US multinational technology conglomerate Meta.

Qatar partners with Meta on digital economy

Gulf states are working to increase the size of their digital economies.

ECOWAS flag with various member flags.

UAE to increase exports to countries in West Africa

The Emirates is one of the biggest investors in Africa. Turkey, Qatar and Israel have significant interests on the African continent as well.

A general view of the Egyptian Exchange, Cairo, Egypt, Jan. 6, 2013.

Islamic finance grows despite global economic turmoil

Bahraini Crown Prince Salman bin Hamad Al Khalifa attends the opening ceremony of the International Humanitarian Pledging Conference for Syria at Bayan palace, Kuwait City, Kuwait, Jan. 30, 2013.

Syria-Bahrain ties continue to develop with bilateral talks, arrival of ambassador

Bahrain, like its ally the United Arab Emirates, is working to reestablish good ties with Syria.

Charl Schwartzel of South Africa pictured after winning the LIV Golf Invitational at The Centurion Club, St. Albans, England, June 11, 2022.

Culture

Golfers eager to play for Saudi-funded LIV Golf despite human rights concerns

US golf media has been critical of LIV Golf, which is backed by Saudi Arabia’s sovereign wealth fund. But for many golfers — especially lesser-known ones — the league offers unparalleled financial opportunities.

A visitor walks past a Dubai billboard at the Arabian Travel market exibition in the Gulf emirate, May 17, 2021.

Tourism to Dubai up nearly 200% this year

The Expo 2020 Dubai provided a big boost as the Emirati city continues to bounce back from the coronavirus pandemic.