Happy New Year! Join us for the January, 2022 edition of the ABANA-Arabia Monitor MENA Markets Call
9:00 am (New York)
2:00 pm (London)
6:00 pm (Abu Dhabi)
4:00 pm (Amman)
Click here to register.
Twelve months on, and things are looking uncomfortably familiar. In addition to its impact on hospitality and travel, the Omicron variant may also affect the markets. The extent to which it will do so remains unclear. While the fallout for oil exporters following the onset of the initial COVID-19 pandemic was unprecedented, the picture is rosier this time around. Brent crude oil prices have risen by more than 40% since the start of 2021; any ensuing dip will be less drastic than 2020 because OPEC+ has a better grasp of the steering wheel.
This quarter, we look at how the MENA region is contributing to the green transition while still retaining its influence within energy markets .The MENA region has several competitive advantages that make it well placed to capitalise on the global shift towards clean energy sources. With geographical perks supplying a streamlined supply of low-cost renewable electricity, opportunities throughout the region abound.
We then turn to the diplomatic front. The MENA region has seen a fairly active 2021 and this trend is set to continue well into 2022. The new (conservative) Iranian government wants to deepen ties with its neighbours and seems to have prioritised that over relations with the West. These ambitions follow lagging JCPOA negotiations that only seem to be yielding greater polarisation between Iran and the West while Iran races to break-out capability. We are not JCPOA optimists going into 2022.
Join us on January 12 at 9am EST for our for conference call of the new year. As always, our Chief Economist, Dr Florence Eid-Oakden will close the call answering any questions you may have.
By RSVPing to this call you agree to provide your contact information to Arabia Monitor. Arabia Monitor may contact you directly following the call.
The ABANA-Arabia Monitor Monthly Conference Call Series is led by Arabia Monitor’s CEO and Chief Economist Dr. Florence Eid-Oakden, a respected authority on the economy and geopolitics of the MENA region. Dr. Eid-Oakden is joined by a team of analysts to provide insights into emerging issues in and affecting the region.
*Please note that the title and content of the call are subject to change to reflect and include the most recent events affecting the region.
**The call will be recorded