in line with the overall global economic slowdown, as falling oil prices had an adverse effect on oil-exporting countries in the region. Several supportive factors , including a likely stabilization in oil prices, should drive a rebound from 2024 – although oil price swings and climate change present significant risks. , including a likely stabilization in oil prices, from 2024 – although oil price swings and climate change present significant risks. Robust trade with Asia to benefitAll MENA countries , especially those in the GCC, will benefit from trade and strong relations with key Asian markets, particularly China and India . China remains a major supplier of solar panels and other technologies supporting the region’s energy transition.

Source: The North Africa Journal October 18, 2023 17:40 UTC