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  • Turkey-Saudi Normalization: A Larger Regional Bloc at the Door?

    Turkey’s success as a rising independent defense model may encourage Saudi Arabia to do the same, either by cooperating or following Turkey’s footsteps. For both, the issue is to find alternative destinations for arms exports and imports. Saudi Arabia may look to Turkey not only for drones but also for “missile and radar technologies, electronic warfare, and air defense systems,” argues Furkan Halit Yolcu

  • What Does This Year Hold For Saudi Arabia’s ESG-Focused Islamic Bond?

    The green bond market reached $517.4bn in 2021, according to Climate Bonds Market Intelligence. Nearly double last year’s total of $270bn, this is the highest figure since market inception and marks the 10th record year in a row.

  • Can Saudi Arabia Become a World-Class Film Shooting Destination?

    Having recently welcomed the two biggest films in the country's history – 'Kandahar' and 'Desert Warrior' – and with two regions being heavily promoted and developed as filming destinations, the Kingdom has plans to become a major player for international, and local, productions.

  • Can Saudi Arabia Become a World-Class Film Shooting Destination?

    According to Stephen Strachan, film commissioner at The Royal Commission for AlUla who joined in 2019 and oversaw the launch of its film and TV promotional arm Film AlUla last year, two stages of around 23,000 square feet each are currently being built, alongside 300 self-contained accommodation units for cast and crew, which should open mid-2022. And some of these production teams may be able to fly in direct.

  • Can Saudi Arabia become the world’s biggest hydrogen producer?

    The head of the hydrogen project at Neom, Roland Kaeppner, says the new Saudi venture comes at the right time for a world searching for ways to replace fossil fuels. “You can’t decarbonise every industry by just electrifying it,” he said. There remain huge caveats. Hydrogen faces not only big production challenges but is also difficult to store and transport. It remains almost prohibitively expensive. “The real question is cost,” said Robin Mills, chief executive of the Qamar Energy consultancy. “Are customers willing to pay a premium?”

  • Can Saudi Arabia become the world’s biggest hydrogen producer?

    The head of the hydrogen project at Neom, Roland Kaeppner, says the new Saudi venture comes at the right time for a world searching for ways to replace fossil fuels. “You can’t decarbonise every industry by just electrifying it,” he said. There remain huge caveats. Hydrogen faces not only big production challenges but is also difficult to store and transport. It remains almost prohibitively expensive. “The real question is cost,” said Robin Mills, chief executive of the Qamar Energy consultancy. “Are customers willing to pay a premium?”

  • Will Iran’s constitution get a facelift after three decades?

    Prominent moderate conservative politician Mohammad Reza Bahonar has floated the idea of reviving bicameralism and revising the Iranian constitution. His suggestions appear to have supporters, but not everyone believes acting on those ideas is currently feasible. Bahonar’s suggestions come as there appears to be a new attempt by moderates to re-establish a foothold in Iranian politics after having been sidelined by hardliners over the past year.

  • Opinion: Why aren’t investors piling in to build new LNG projects?

    Energy transition risks are holding up investments in additional LNG export plants in the US, despite the current record-high gas prices.

  • Total takeover? French oil major firms up plans for region’s energy

    TotalEnergies is creating a commercial juggernaut in Africa that will see it invest billions of dollars in the next five years. The company with operations in at least 14 African countries is looking to invest over $10 billion in East Africa’s energy sector, promising thousands of jobs and major investment opportunities for local contractors.

  • Is ‘unfreezing’ of Iranian funds in Iraq ‘positive signal’ from Biden?

    A prominent Iranian news agency says funds that have been frozen in Iraq due to US sanctions are now available for food and medicine imports. However, the report has been disputed by a member of the Iran-Iraq Chamber of Commerce. The claimed development is seen by some Iranian outlets as a “positive signal” from the Joe Biden administration, as talks to revive the 2015 Iran nuclear deal enter the final stretch.