ME/NAF
Energy change will be slow in Middle East/North Africa
Energy transition in the Middle East and North Africa will tend to be slow over the next few years
Middle EastGulf states' ties with Iraqi Kurdistan face limits
Ties between the Gulf Cooperation Council (GCC) and Iraqi Kurdistan will be limited by political and security factors
Gulf statesMillionaires will favour Abu Dhabi as a destination
The United Arab Emirates will outperform other countries in attracting high net worth individuals
United Arab EmiratesAbu Dhabi's international expansion will increase
State-owned ADNOC will increase its international expansion particularly in gas and chemicals
United Arab EmiratesLebanon’s oil imports will slow energy transition
Lebanon reportedly plans to extend its oil imports agreement with Iraq until 2028
LebanonPolitics in Israel will influence future of war
Netanyahu’s political control over the future of the Gaza war will increase
IsraelOil revenues will impact Gulf states’ competitiveness
Fluctuations in oil revenues will impact the Gulf states’ competitiveness rankings, which have improved this year
Gulf statesSaudi Arabia’s spending strains banks’ balance sheets
Banks have helped cover the government’s fiscal deficit in the first quarter of 2024
Saudi Arabia
