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
13 January 2025
With Namibia, Guyana and Brazil playing starring roles and important innovations being developed, business as usual has never looked so good
13 January 2025
Regional cooperation over the development of gas resources has the potential to bring peace and prosperity to the East Mediterranean
13 January 2025
Significant expansions are underway in both liquefaction and regasification capacity as LNG firms up its position as a long-term solution for the world’s energy needs
10 January 2025
New Petroleum Economist OPEC+ oil survey sees group improve compliance to ensure oil market stability going into 2025