UAE aims to become oasis of stability in the Middle East
The UAE’s energy plans are well-braced to help sustain investor confidence in the face of political and economic winds
Well before its 50th birthday on 2 December, the UAE is taking its place alongside the upper echelons of power on the global energy stage. Harnessing and leveraging investors' confidence is key to sustaining this pace. This means the UAE's energy ambitions must cope with some unwelcome issues: fractious regional politics and whispers of financial discomfort. Each month that diplomatic ties remain frozen between Saudi Arabia, UAE, Bahrain and Egypt—the 'Arab quartet'—on the one side, and Qatar on the other, the tighter investors' due diligence gets. This increasingly powerful microscope will inevitably restrict some funds. This trend is unlikely to reverse without political softening. The UAE
Also in this section
26 November 2024
Secretary General Hamel warns on gas underinvestment, and highlights the energy source as playing a transitional role in the West and being a destination fuel in the Global South
25 November 2024
The Nigerian mega-refinery has yet to reach its full product-producing potential
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project