The Middle East

What are the factors you evaluate when determining whether or not to invest in a project abroad?

In an effort to join the club of nuclear nations, Turkey has announced plans to build 12 nuclear reactors by 2030, with the intention that 20% of power generation capacity will be provided from this source. However, while eight projects have been approved, delays have already befallen the initial build-own-operate (BOO) project, Akkuyu 1, pushing the commencement of its...

While Turkey may be at the crossroads of civilisations, it is in a hydrocarbons cul-de-sac. The country is surrounded on all sides by significant oil and gas deposits that all stop short of Turkish frontiers. The bountiful Zagros fold and thrust belt, which extends from the Arabian Peninsula up through Mesopotamia, ends at the Turkish-Iraqi border. A few hundred miles away is...

The country’s demand for energy is rising and new supply sources for natural gas are needed to generate electricity, heat homes and cook. Due to scarce domestic supplies and a lack of sufficient liquefied natural gas infrastructure, those supplies will mostly come via pipeline. Turkey has trained its eyes on tapping the planned link from the Shah Deniz II gas development in...

Consumer sentiment in Turkey is weakening as the pace of economic growth slows and consumers tighten their purse strings, potentially slowing the retail sector’s stellar performance in recent years. Turkish retail has been one of the most appealing sectors for investors and consumers thanks to a rapidly expanding economy and a surge in per capita disposable income.