Saudi Arabia’s new Civil Code should help to remove some of the uncertainty in commercial law and marks another step on the path to raising foreign investment. Meanwhile, a new raft of solar projects were announced as part of Saudi Arabia’s goal of generating 50% of its electricity from renewables by 2030. Saudi’s nuclear energy goals are also key – and will also affect how its relations with the US and China develop. Finally, natural gas flows from Israel to Egypt have ramped up in the past week to ease concerns over intensifying blackouts in Egypt. Rising domestic consumption means it will still take some time before Egypt recovers its position as a net gas exporter.
Our expanded Global Fracturing database allows clients to analyse how geopolitical pressures are reshaping global economic and financial activity. Here, we highlight some of the key findings.
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