Economic Diversification
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Saudis Signal Intention to Ease Pace of Bond Sales
Yahoo Finance· 2026-01-05 17:10
Bloomberg Saudi Arabia sees lower international bond sales in 2026, signaling a halt to three years of rapid growth in borrowing activities that have made the kingdom one of the busiest sovereign issuers in global emerging markets. The Ministry of Finance approved borrowing plans for the year that equate to selling about $14 billion to $17 billion in international bond markets, according to the National Debt Management Center. That would be lower than 2025 at the high end and the lowest since 2022 on the ...
阿尔及利亚在新油气法框架下推进重点能源和矿业项目布局
Shang Wu Bu Wang Zhan· 2026-01-01 16:46
铁矿资源方面,廷杜夫省Gara Djebilet铁矿项目进入产业化阶段,矿区储量约35亿吨, 2022—2023年已完成25万吨试采,首条年产400万吨的初级处理生产线计划于2026年4月 投产,配套Béchar—Tindouf铁路预计于2026年1月投入运营。 (原标题:阿尔及利亚在新油气法框架下推进重点能源和矿业项目布局) 据阿尔及利亚媒体El Watan 12月29日报道,2025年阿尔及利亚能源与矿业领域在新《油 气法》(19-13号法)和新《矿业法》框架下取得重要进展。通过国际招标"Algeria Bid Round 2024",阿方向 TotalEnergies、Eni、Sinopec等企业授予5个油气勘探与开采许 可,带动外资参与度回升。同时,政府将矿业发展纳入经济多元化优先领域,加快推 进结构性矿业与能源项目实施。 磷矿及化肥产业方面,特贝萨省Bled El Hedba综合磷矿项目正在推进,规划年产能约 600万吨化肥产品。铁路配套工程进展顺利,建成后每年可运输逾1,000万吨磷矿石,用 于国内加工和出口,年创汇预计达20亿美元,并将提升东部矿业运输能力。 有色金属及新能源方面,贝贾亚省Oue ...
美国企业关注阿尔及利亚稀土及关键金属矿业合作机会
Shang Wu Bu Wang Zhan· 2025-12-26 05:30
Core Viewpoint - The Algerian mining sector is gaining attention from various parties, including the United States, due to the rising global demand for rare earth and critical metals [1] Group 1: U.S. Engagement - The U.S. has recently intensified its engagement with Algerian mining authorities and state-owned enterprises to explore potential collaboration in mineral resource development [1] - The CEO of Algeria's state mining group Sonarem met with the head of the U.S. Embassy's commercial section to discuss investment, cooperation, and partnerships in the mining sector [1] - Plans are in place to continue discussions via video conferencing starting January 2026, indicating that these talks are still in the preliminary stages [1] Group 2: Focus Areas of Discussion - The discussions between the U.S. and Sonarem focused on mineral resource exploration and development, value-added utilization of resources, and the introduction of innovative technologies [1] - The interest from the U.S. is seen as a positive signal amid increasing global competition for strategic resources [1] Group 3: Ongoing Mining Projects - Algeria is advancing several mining development projects, including the Gara Djebilet iron ore project, and is conducting geological surveys nationwide [1] - Various mineral resources, including lithium, gold, sulfur, iron, lead, zinc, and copper, are currently in the exploration phase [1] - These developments are viewed as crucial for supporting Algeria's economic diversification and reducing reliance on oil and gas exports [1]
DarGlobal launches $4.2bn coastal destination project in Muscat
Yahoo Finance· 2025-12-09 09:55
Core Insights - DarGlobal and Art District Real Estate Development have partnered to develop the Marine, Art & Digital District (MAD) in Muscat, Oman, covering over 1.5 million square meters with a gross development value of OR1.6 billion ($4.2 billion) [1][2] - The project aims to create an integrated location combining residential, hospitality, cultural, retail, and business facilities, supporting Oman's economic diversification strategy [2][3] Group 1 - The MAD project will be developed in multiple phases over the next 12 years [1] - The district will feature international art exhibitions, digital business incubators, a financial center, and a year-round program of cultural events [4] - The initiative is designed to attract foreign investors and entrepreneurs, fostering new business models related to property ownership and digital enterprises [5] Group 2 - DarGlobal's portfolio includes developments in 14 cities across nine countries, with an international development pipeline exceeding $19 billion [6] - The company recently acquired 28,800 square meters of land for a mixed-use project in Jeddah, Saudi Arabia [6] - The CEO of DarGlobal emphasized that MAD will empower enterprise, attract global talent, and unlock new economic value for Oman [3][5]
X @Bloomberg
Bloomberg· 2025-12-02 17:25
Saudi Arabia plans to stick to elevated spending and active borrowing to keep economic diversification at the forefront of the kingdom’s agenda — despite the challenge of lower oil prices. https://t.co/ODwevxIE6r ...
Qatar's Emerging Appeal For MENA Investors: An ETF To Consider
Benzinga· 2025-11-21 19:27
Core Insights - Qatar is transitioning from a hydrocarbon-dependent economy to a diversified investment destination, focusing on infrastructure and non-hydrocarbon sectors [1][2][17] - The non-hydrocarbon economy is showing significant growth, contributing 63.6% to real GDP in Q1 2025, up from 62.6% the previous year [3][4] - Qatar's strategic reforms and investments are aimed at attracting foreign capital and enhancing its economic stability [12][18] Economic Evolution - Qatar's economy was initially built on LNG exports, but since the launch of Qatar National Vision 2030, it has been diversifying its economic base [2] - Infrastructure investments, particularly for the 2022 FIFA World Cup, are pivotal in this transition [2] Growth Statistics - In Q1 2025, Qatar's real GDP grew by 3.7% year-on-year, with the non-hydrocarbon sector expanding by approximately 5.3% [3] - The hydrocarbon sector's growth has slowed to 1.0%, indicating a shift towards a more balanced economy [4] Growth Outlook - IMF projects Qatar's real GDP growth at around 2.4% for 2025, while other analysts suggest growth could reach 4% [5] - Growth is expected to strengthen in 2026, with projections of approximately 5.5% [5] Fiscal Indicators - Qatar experienced a small budgetary deficit of QAR 0.5 billion (≈ US$133 million) in Q1 2025, attributed to a 7.5% decline in revenue [6] - Inflation is easing, with some categories even recording deflation, indicating a managed fiscal environment [6] Key Sectors - **Energy & LNG**: Qatar remains a leader in LNG, with projects like the North Field Expansion expected to boost output significantly [7] - **Financial Services**: The financial sector is growing, with ambitions to become a fintech and wealth management hub [8] - **Technology & Infrastructure**: A US$2.47 billion incentive package for technology and innovation highlights Qatar's focus on high-value industries [9] - **Tourism & Hospitality**: The hospitality sector is benefiting from World Cup investments, with accommodation and food services growing by 13.8% year-on-year in Q1 2025 [11] Policy Framework - Qatar is actively reforming its foreign investment laws to attract global capital, including allowing foreign ownership of up to 100% in many sectors [15] - Recent policies provide residency visas for foreign real estate buyers spending at least US$200,000, signaling openness to global investors [15] Market Access - Access to Qatari markets is facilitated through ETFs and regional funds, providing liquidity and diversification for international portfolios [13] Investment Considerations - Qatar's blend of resource strength, reform momentum, and strategic ambition positions it as a unique investment opportunity in the MENA region [17][18]
X @The Economist
The Economist· 2025-11-02 09:00
Membership may bring in foreign investment and know-how, which could help improve agricultural productivity and diversify Timor-Leste’s economy before the money from its fossil-fuel fund runs out https://t.co/pyK8sIfMWF ...
How Saudi Arabia is diversifying away from oil — and betting big on AI
CNBC· 2025-10-28 02:53
Core Insights - Saudi Arabia is actively diversifying its economy beyond oil, with over 50.6% of its economy now "completely decoupled" from oil revenues [2] - The kingdom is focusing on fast-growing sectors such as artificial intelligence, aiming to be a "key investor" in AI applications and data centers [3] - The Public Investment Fund (PIF) is leveraging oil revenues to acquire stakes in various sectors, including technology and sports [5][6] Economic Diversification - More than half of the Saudi economy is now independent of oil, with 40% of government revenue coming from non-oil sources [2] - The country reported a 1.3% rise in GDP for 2024, driven by a 4.3% increase in non-oil segments, while oil activity fell by 4.5% year on year [5] Investment in AI - Saudi Arabia is expected to gain over $135 billion by 2030 from AI investments, supported by its energy surplus [4] - The kingdom plans to build data centers at a competitive cost, aiming to lead in AI development [3] Public Investment Fund Activities - The PIF has made significant investments in tech giants and sports, including stakes in Electronic Arts and a takeover of Newcastle United [6]
Angola to commence production at first major copper mine
Yahoo Finance· 2025-10-23 09:17
Group 1 - Angola is set to begin production at the Tetelo copper mine, marking its first major large-scale copper mining project, as part of efforts to diversify its economy away from oil dependency [1][5] - The Tetelo mine, owned by China's Shining Star Icarus, represents a $250 million investment and is expected to produce 25,000 tonnes per annum of copper concentrate during its initial two-year phase [2] - The mine will initially operate as an open pit and transition to underground mining in the latter half of 2026 [2] Group 2 - Mines Minister Diamantino Azevedo announced the inauguration of the Tetelo mine at a mining conference in Luanda, highlighting its significance as the first underground mine for copper in Angola [3] - Other mining companies, including Ivanhoe Mines and Anglo American, are also exploring opportunities in Angola's copper sector [3] - In 2023, Ivanhoe Mines acquired greenfield prospecting rights covering 22,195 km² for exploration in the provinces of Moxico and Cuando Cubango, indicating growing interest in Angola's mineral resources [4] Group 3 - Angola's entry into copper mining reflects its commitment to reducing reliance on petroleum revenues and enhancing its mineral resources sector [5]
Iraq pledges to end $4 billion gas imports from Iran by 2028 as it races to diversify beyond oil
CNBC· 2025-10-15 01:53
Core Points - Iraq's Prime Minister aims to end the country's $4 billion reliance on Iranian gas by 2028 to diversify the economy [1] - Iraq's power grid is strained due to decades of mismanagement, underinvestment, and corruption, with Iranian gas fueling nearly a third of electricity generation [1] - The government has signed deals with TotalEnergies and other firms to invest in capturing flared gas, potentially worth $4 billion to $5 billion annually [1] - Iraq is pursuing a multi-pronged diplomatic approach to attract investments from various countries, including the U.S., China, and Gulf nations [1] - The upcoming elections on November 11 are seen as a benchmark for Iraq's democratic process amid rising youth unemployment [1][2] Economic Diversification - The government is focused on reducing gas flaring, with a commitment to achieve zero flaring by early 2028 [1] - Recent financial and banking reforms aim to strengthen the presence of investment companies in Iraq [1] - The inauguration of a new Pharmaceutical Manufacturing City is expected to attract major American and British firms [1] Youth Employment and Digital Transformation - The government is encouraging the private sector to create job opportunities, particularly for the youth [2] - Initiatives include establishing a National Center for Digital Transformation and a Center for Cybersecurity [2] - A national strategy for artificial intelligence is being prepared to absorb a larger share of young workers [2]