Archive

1594 results found. Displaying results 21 to 30.

Publication: Year:

Gulf States News - Issue 1073 - 24/01/2019

Omani clamp-down on property sales highlights tensions with neighbours

Gulf Co-operation Council (GCC) owners of land and real estate in Oman have been given until November 2020 to sell up, under the terms of a little-noticed royal decree. Until now the prevailing rule among the six Gulf monarchies has been that the citizens of one GCC country are permitted to buy property in another. However, Royal Decree 29/2018 introduced a series of prohibitions on foreigners owning land and property in designated areas and ordered them to sell such property to Omanis.

Go to full issue

African Energy - Issue 384 - 17/01/2019

Libya’s NOC turns back the clock on crude marketing and refining

Adecision by National Oil Corporation (NOC) not to renew the three-year-old deal giving Glencore the exclusive right to lift crude from the Marsa Al-Harigah terminal outside Tobruk demonstrates how much the conditions under which Libya exports crude have changed in the past year. The hoped-for resumption of operations at the Ras Lanuf oil refinery in April – if it can be achieved – will change the picture further.

Go to full issue

Gulf States News - Issue 1072 - 10/01/2019

Salman reshuffles in bid to protect MBS and shore up internal position

An unexpected reshuffle of senior officials on 27 December, along with the trial of 11 unnamed individuals for the murder of dissident journalist Jamal Khashoggi, has sent a clear signal that King Salman Bin Abdelaziz is determined to protect his son Crown Prince Mohammed Bin Salman (MBS) from any fallout from the killing, while also trying to rebuild Saudi Arabia’s standing on the world stage.

Go to full issue

African Energy - Issue 383 - 20/12/2018

Angola to raise power tariffs following IMF accord

Angola has published an action plan for the energy and water sectors covering the period 2018-2022. The plan aims to raise total installed capacity to 7.5GW in 2022 from 6.4GW in 2018 by expanding the role of gas and renewables, mainly solar. Tariff increases are planned in the new year in an attempt to eliminate subsidies for the power sector. Speaking at an investor roundtable in London on 14 December, energy minister João Baptista Borges said domestic tariffs would rise to around 10 kwanza ($0.03)/kWh from 3 kwanza/kWh at present. The International Monetary Fund (IMF) on 7 December approved an Extended Arrangement under the Extended Fund Facility aimed at supporting economic reforms under way since President João Lourenço took over from veteran leader José Eduardo dos Santos in September 2017.

Go to full issue

Gulf States News - Issue 1071 - 13/12/2018

Politics of disunity and animosity in the GCC reshapes the regional landscape

The Gulf Co-operation Council (GCC) summit was again overshadowed by the crisis pitting Qatar against the GCC-3 of Bahrain, Saudi Arabia and the UAE (GSN 1,040/1). Qatar attended the 9 December summit – although Emir Sheikh Tamim Bin Hamad Al-Thani was one of three heads of state who stayed away from the annual meeting, this year held in Riyadh – but 18 months after the GCC-3’s boycott was launched against Doha it is becoming ever harder to paper over the cracks of regional disunity. There was no sign of any unexpected radical shift in key leaders’ thinking, leaving a consensus that the one-day summit had achieved nothing other than to entrench existing positions.

Go to full issue

African Energy - Issue 382 - 06/12/2018

Revitalised Tullow squares up to Kenya development challenges

Tullow Oil says it has emerged from the industry downturn as a “balanced, self-funded E&P company” and plans to pay a dividend next year for the first time since 2014. The company is focused on reaching a final investment decision (FID) for the South Lokichar project in late 2019 with a target of first oil in 2022, but key elements remain to be finalised, including the ownership of the export pipeline element and a contract for the water needed for the production process.

Go to full issue

Gulf States News - Issue 1070 - 29/11/2018

UAE tests its standing in the international arena with Hedges affair

Matthew Hedges’ release from a life sentence in the United Arab Emirates, following a presidential pardon on 26 November, came as a great relief to his family – led by his wife Daniela Tejeda – and to his many academic and other supporters. However, his ordeal has raised important questions about the state of bilateral relations between the UAE and United Kingdom, as well as concerns for the safety of academics, consultants, journalists and others working in the region, who often need to ask searching questions in the course of their work.

Go to full issue

African Energy - Issue 381 - 22/11/2018

Long road ahead as Zimbabwe government puts its house in order

Zimbabwe’s government is piecing together a policy programme to stimulate investment into its moribund power sector. Recovering energy output is a central pillar of government efforts to revitalise the economy. But President Emmerson Mnangagwa’s administration faces an uphill battle and a critical few weeks, highlighted by a recent visit from the International Monetary Fund (IMF) ahead of delivery of the budget on 22 November.

Go to full issue

Gulf States News - Issue 1069 - 15/11/2018

Winners and losers as Sheikh Tamim reshuffles Qatar’s top team

Emir Sheikh Tamim Bin Hamad Al-Thani reshuffled his 14-member cabinet, created a number of new government bodies and appointed new leaders at key state-run institutions, including the Qatar Investment Authority (QIA), Qatar Petroleum (QP) and the Qatar Financial Markets Authority (QFMA) in a string of 4 November decrees.

Go to full issue

African Energy - Issue 380 - 08/11/2018

Ethiopia turns to PPPs for ambitious power expansion

Ethiopia’s plans to attract more foreign capital into its power industry took a step forward in late October as the government announced 14 projects that it wants to build and run as public-private partnerships (PPPs). The plan to attract private finance for the planned hydropower and solar schemes is a departure for a government that has borrowed heavily over the last decade from Chinese banks and elsewhere to construct large-scale dams such as Gibe III and the Grand Ethiopian Renaissance Dam (Gerd), as well as for major transmission projects.

Go to full issue
African Energy Gulf States Newsletter