Despite holding substantial oil reserves, Kuwait is stepping up its efforts to develop alternative sources of energy. In mid-June the government announced it was inviting bids for the construction of Shagaya, a renewable energy park, as part of its plan to generate 15% of its electricity through non-oil sources by 2030.
The past several years have seen significant changes in Jordan. The state is pushing ahead with structural reforms that should provide a sound base for future development, as the economy shows signs of a brisk recovery from the difficult years it has faced in the wake of the global financial crisis.
While Bahrain’s oil industry still plays a major role in the economy, the government has recognised the importance of building up other sectors and first initiated a diversification strategy several decades ago after a period of peak oil production. More recently the government has also emphasised the need to develop alternative energy sources. This...
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