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World Bank Group: Should Oil Exporters Shift Capital Stock to Renewables?

As the Financial Times pointed out recently, oil companies such as ExxonMobil and Shell would, under measures considered for the global climate pact to be sealed in Paris next year, cease to exist in their current forms in 35 years.

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Rachida Dati: Brawn and Brains French Style

Daring stiletto heels and perfectly-fitting leather trousers: Rachida Dati does not lack self-confidence. In fact, her composure is faultless. A daughter not of landed nobility, but of an impoverished bricklayer from Morocco, Rachida Dati was the second-born in a family

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World Bank MENA Chief Economist: Towards a New Social Contract in the Middle East and North Africa

By Shanta Devarajan A snapshot of the Middle East and North Africa (MENA) Region today reveals a diverse and discouraging picture (Figure 1). Syria, Iraq, and Libya are suffering from violent conflict that has devastated people’s lives, infrastructure, and national

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Dr Rachid Yazami: A Battery-Powered Future

Dr Rachid Yazami almost single-handedly invented a global business now worth some $15bn annually. But, he’s not in it for the money. Rather, this Morocco-born scientist is motivated by the thrill of discovery. Dr Yazami has some seventy patents to

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Making Every Drop Count: Reducing Water Loss in the Middle East and North Africa Region

The problem of water loss has become an even greater challenge for public utilities throughout the Middle East and North Africa region due to climate change, which threatens natural water supplies and increases the cost of new waterresources. Malta, with

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IFC: Moving to Green Growth in Emerging Europe, Central Asia and the Greater Middle East

As global temperatures rise, weather patterns shift and natural disasters dominate headlines seemingly every other week, climate change has become a priority for policymakers across the globe. But businesses and investors would be wise to put it front and centre

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Solar Industry in the MENA Region: Sunny Prospects

A trend towards generating electricity from solar power is on the horizon for the countries of the MENA region (Middle East and North Africa); The regional market for photovoltaics (PV) and solar thermal power plants is expected to reach 3.5

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