الطاقة

Azerbaijan will host COP29 at the end of this year. Being selected to host the most important international climate event is a major achievement for the South Caucasus country, though the spotlight it brings will come with its own challenges due to Azerbaijan’s poor human rights record and worsening relations with the West.

في عام 2017، أنشأ صندوق الاستثمارات العامة السعودي وعدد من البنوك الأردنية صندوق الاستثمار السعودي الأردني لتوجيه 3 مليارات دولار إلى الاقتصاد الأردني. ويقدم مشروعان من مشاريع صندوق الاستثمار السعودي الأردني دراسات حالة ذات صلة بالتحديات التي تواجه الجهود الأردنية الأوسع نطاقاً لجذب المزيد من الاستثمار الأجنبي المباشر ودفع عجلة التنمية الاقتصادية.

في اجتماع مجموعة العشرين الذي عقد في سبتمبر، وقعت الهند، البلد المضيف، إلى جانب الولايات المتحدة والاتحاد الأوروبي وفرنسا وألمانيا وإيطاليا والمملكة العربية السعودية والإمارات العربية المتحدة، مذكرة تفاهم، وهي التزام غير ملزم بالعمل على بناء "ممرين" منفصلين، يتصوران أساسًا خطًا سياسيًا يربط بين بعض البنى التحتية المادية الجديدة وبعضها القائم أو قيد الإنشاء.

The Oct. 7 Hamas attack against Israel and the latter’s ongoing military operation in Gaza have stalled progress in the development of the India-Middle East-Europe Economic Corridor and raised questions about its prospects for eventual completion. The IMEC faces multiple viability challenges, but none of them are insurmountable; thus, its participants are unlikely to abandon it.

The renewed violence in Gaza could not have come at a less opportune time for the climate agenda in the Middle East. From energy economics to environmental degradation, the ripple effects of conflict will complicate the path ahead.

Outside of the security risks brought about by war, the Israel-Hamas conflict has yet to result in major changes in the regional natural gas market.

With no new interregional or international gas pipelines currently planned, gas-poor Morocco should consider alternative import schemes, such as LNG import via ISO tank containers, utilizing its well-developed port, rail, and road infrastructure.

تخوض دولة إسرائيل والجماعة الإرهابية حماس صراعاً وجودياً، حيث يهدد كل منهما بقاء الآخر، فضلاً عن بقاء المدنيين الفلسطينيين والإسرائيليين العالقين بينهما. وقد يتوسع هذا الصراع ليصبح أزمة إقليمية أو حتى عالمية. وبالنسبة لأسواق الطاقة والاقتصاد العالمي، فإن المخاطر كبيرة ويمكن أن تتغير أو تتسارع استجابة لمتغيرات متعددة.

As the existential threat of climate change continues to intensify, the future of fossil fuels has been thrust into the international spotlight. Reducing hydrocarbon production and consumption has gained traction in international climate talks amid warnings that the window to avoid catastrophic warming is closing quickly.

At the start of 2023, optimism was high that China would see a rapid recovery in consumer spending and an acceleration in GDP growth. Since then, however, the world’s second-largest economy has been in the doldrums. China’s ailing economy is a problem not just for China but for the entire world. A prolonged slowdown or a sudden financial crash, were it to occur, would ripple across global markets — including the countries of the Middle East, whose economies have become increasingly intertwined with that of China.

Georgia’s near total reliance on imported Russian wheat forms an extremely dangerous vulnerability that compromises both its food security and sovereignty. Fifteen years after the 2008 Russia-Georgia war, Tbilisi finds itself depending on Russia for over 90 percent of its wheat supply amidst a growing global shortage. In 2022, NATO reiterated its commitment to Georgia, pledging to help build Georgia’s resilience and uphold its political independence.

Hydrogen has been touted as an energy solution for the future and a leading mitigation technology against climate change. Among the states of the GCC, it has come to be seen as central to their energy transition strategy and a means to retain the region’s hegemonic position within global energy relations.

Last week saw a flurry of diplomatic activity between Baghdad and Ankara. The top priorities in the talks were oil exports, the presence of the PKK in Iraq, and Iraq’s water crisis. The outcomes have been unimpressive, but there is an opportunity for Iraq to shake things up and improve its bargaining position, at least on the oil export issue, possibly more.