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There were 33,264 results found for Tunisia and

There were 33,264 results found.
Analysis

Saudi looks to global partnerships to fuel research, development and innovation
OBG
plus

Key public and private research, development and innovation (RDI) institutions are being harnessed to cultivate domestic and international partnerships designed to foster knowledge-sharing and skill transfer, and reinforce the innovation ecosystem in the Kingdom. Indeed, the Sustainable Partnerships Conference held in Riyadh in November 2022 resulted in 50 partnerships being signed between Saudi universities…

Analysis

Why decentralised finance could be key to GCC economic diversification
OBG
plus

As GCC countries look to harness new forms of financial technology (fintech), expand their services and improve financial inclusion, governments are embracing decentralised finance (DeFi) and working to attract cryptocurrency companies. DeFi – peer-to-peer financial services with no central authority or intermediary involved in trading, lending and investing – is seen by GCC countries as an opportunity…

Analysis

How oil revenue surpluses are enhancing GCC integration
OBG
plus

While 2022 was a year of global economic uncertainty fuelled by inflation, geopolitical crises and supply chain insecurity, the Middle East witnesseda second consecutive year of economic growth, with countries in the region investing in new technologies and projects that could herald greater integration in the years ahead. In April 2023 the IMF’s “World Economic Outlook” projected that…

Analysis

Why the GCC is primed for an expansion in initial public offerings
OBG
plus

The GCC saw a rise in initial public offerings (IPOs) in 2022 despite volatility in secondary markets, surpassing the previous year’s record high. The total number of IPOs in the region increased from 20 in 2021 to 48 in 2022, marking a 140% rise, and proceeds from GCC issuers increased by 211% from $7.5bn to almost $23bn over the same period. The growing number of successful IPOs in the region…

Analysis

Why desalination could be solution to water shortages
OBG
plus

Desalination is considered an expensive and energy-intensive process. However, mega-projects are seeking to tap renewable resources to limit the cost and environmental concerns associated with this crucial process. In June 2022 ENOWA, the energy, water and hydrogen subsidiary of Saudi Arabia’s NEOM mega-project, signed a memorandum of understanding with French energy company Veolia and Japanese trading…

Analysis

How the GCC’s higher education institutions aim to boost patent filing
OBG
plus

In terms of the filing of international patents, 2022 was a record-breaking year, with higher education playinga significant role in driving innovation and expanding international practices regarding intellectual property (IP). The UNWorld Intellectual Property Organisation (WIPO) reported in February 2023 that 278,100 international patents had been filed globally in 2022, a 0.3% increase…

Analysis

How Saudi Arabia is working to be a leader in entertainment, sport
OBG
plus

The Public Investment Fund (PIF) is being harnessed to drive economic diversification. In addition to targeted investment in high-priority sectors, the PIF is developing a growing range of giga-projects and subsidiary entities with a focus on entertainment, sport and tourism. Four of those giga-projects – NEOM (see Innovation chapter), The Red Sea Project, ROSHN and the most recently announced, Diriyah…

Analysis

How Saudi Arabia is working to address climate change
OBG
plus

With a growing understanding of the importance of addressing environmental challenges, the Kingdom has increasingly aligned its policies, investment and initiatives with global climate change efforts. Vision 2030 addresses key sustainability issues, including harnessing abundant renewable resources, strengthening water preservation and safeguarding the environment. Although the journey has not been…

Analysis

Global ESG funds could be key to the energy transition, disaster relief
OBG
plus

Amid significant headwinds in 2022, environmental, social and governance (ESG) funds saw their first net outflow since 2011. However, the energy transition, climate-related threats to food security and the search for long-term value could prompt a resurgence of sustainable investment in emerging markets. Global ESG funds enjoyed a record run from 2019 to 2021, growing by 98% and seeing net inflows…

Analysis

GCC looks to space-related scientific and commercial opportunities
OBG
plus

In the push to embrace emerging technologies and leverage their potential commercial opportunities, Gulf countries have been launching new initiatives to bolster their growing domestic space industries. In June 2023 Saudi Arabia’s Council of Ministers approved the transformation of the Saudi Space Commission into a full government agency with the new heading of the Saudi Space Agency (SSA), underscoring…

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