Tag: Mena

Energy, Oil & Gas

Bernstein names Adnoc Gas, Fertiglobe as ‘Best Picks’ in Mena energy

Bernstein initiated Mena energy coverage, praising UAE governance, sovereign-backed ownership and strong cashflows. It said these enable rapid transformation of state assets into investable platforms, naming Adnoc Gas and Fertiglobe discounted, high-quality “best pick” opportunities....

Energy, Oil & Gas

Renewable capacity in Mena surges with 15GW added in 2025: report

The MENA region has entered an exponential renewable energy growth phase with installed capacity rising from 14GW in 2020 to 30GW in 2024, then surging in 2025 with nearly 15GW added in one year, says Dii Desert Energy's MENA Energy Outlook 2026 report....

Energy, Oil & Gas

Mena economies face new pressure as oil prices drop

Oil prices have fallen to about $57 per barrel due to a growing imbalance of supply exceeding demand, despite Opec+ increasing production. This decline significantly impacts Mena economies, which heavily rely on oil revenues for their financial stability, according to Mohanad Yakout, Senior Markets Analyst, Scope Markets....

Energy, Oil & Gas

Reforms cushion Mena ratings amid conflicts, oil price dip

Economic reforms and sound fiscal positions are offsetting the impact of regional conflicts and lower oil prices on the ratings of Middle East and North Africa (Mena) sovereigns, according to a new report by Fitch Ratings. ...

Energy, Oil & Gas

Penspen secures over $400m contracts in Mena

Penspen, an engineering and energy services consultancy, has announced record performance in the Middle East & Africa (Mena), securing project management consultancy and engineering contracts worth more than $400 million so far this year....