Via The Economist, a report on the Gulf states’ efforts to become tech superpowers: Few middle powers have the towering technological ambitions of the rich Gulf states. As they seek to shift their economies away from fossil fuels, the Emiratis want to lead the world in artificial intelligence (AI) and the Saudis want the kingdom to […]
Read more »Via NoahOpinion, bullish commentary on the Middle East: If you looked at Europe in the mid-1600s, you would probably think something along the lines of “Wow, these guys are not going to make it.” Even though the region was already seeing economic growth from colonialism and the expansion of global trade, much of it had […]
Read more »Via IMF, commentary on Côte d’Ivoire’s economy: Côte d’Ivoire has become a pillar of growth and stability for the region, thanks to its impressive economic resilience and commitment to reform, but efforts to address certain challenges need to be maintained. The Ivoirien economy has performed strongly over the past decade, with GDP growth averaging 6.4 […]
Read more »Via CNBC, a report on Saudi Arabia vows to be ‘fast and furious’ in mining as it reveals $100 billion investment: Saudi Arabia last year increased the valuation of its unexploited mineral resources from $1.3 trillion to $2.5 trillion, boosted by the discovery of rare earth elements and metals. The kingdom on Wednesday announced a new mineral […]
Read more »Via The Diplomat, a look at how contracts with Chinese power producers have left Pakistan footing a massive bill for inefficient supply – all while electricity shortfalls continue: According to the Economic Survey (2023-24), Pakistan’s power production capacity stands at 42,131 MW – almost double its domestic electricity demand. Yet Pakistan remains the only South […]
Read more »Via VOA, a report on how the Sahel vacuum provides opportunities for China: Stretching from the Atlantic Ocean to the Red Sea, Africa’s Sahel region is experiencing security problems and surging anti-Western sentiment that could prove an opportunity for China, analysts say. China’s top diplomat was in the volatile Sahel last week as a part […]
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