The new wave of dealmaking by Gulf sovereign wealth funds
For resource-rich countries such as Gulf oil and natural gas producers, sovereign wealth funds have emerged as promising tools to save for future generations, mitigate the effects of outsized economic shocks, and/or be deployed as reserve investment and strategic development funds to spend on human, natural, social, and physical capital.
مع تحول التحديات البيئية إلى أولوية بالنسبة للدول في منطقة الشرق الأوسط والبحر الأبيض المتوسط، تظهر فرص جديدة للتعاون البيئي الإقليمي، بما في ذلك بين إسرائيل وجيرانها. على الرغم من محدودية نطاقها ومواجهتها لعدة عقبات رئيسية، إلا أن هناك جهود تعاونية إقليمية جارية، بما في ذلك على المستويين الثنائي والمتعدد الأطراف، كما أن هناك جهود جارية للحفاظ عليها وتوسيعها. يتناول هذا التقرير الجديد، الذي تم إعداده تحت رعاية منتدى المناخ الإسرائيلي، أهمية التعاون البيئي الإقليمي في الشرق الأوسط والبحر الأبيض المتوسط، ويدرس نطاق هذا التعاون بين إسرائيل وجيرانها، ويوضح الفرص والعقبات والتوصيات لزيادة التنسيق والعمل المشترك، بما في ذلك الدور الذي يمكن أن تلعبه الولايات المتحدة وأوروبا.
في السنوات القليلة الماضية، تغيرت التوقعات العالمية في مجال الطاقة. فقد أدى صعود السياسات الشعبوية وتزايد الشعور بضرورة اتخاذ إجراءات عاجلة بشأن تغير المناخ إلى إثارة جدل حول سياسات الطاقة في البلدان الغنية، مما أدى إلى ظهور مزيج مربك من السياسات الصناعية الجديدة. وجعلت جائحة كوفيد-19 من الصعب للغاية التنبؤ بأسعار الوقود وأنماط الاستهلاك، وأجبرت العديد من البلدان على مواجهة ارتباطاتها بسلاسل التوريد الهشة التي تشمل عدة دول وبالدول النفطية القديمة.
Georgia the interconnector — but where’s Washington?
For the sake of safeguarding transatlantic — and thus also American — security interests in the South Caucasus, it is becoming increasingly imperative that the United States better anchor itself economically, politically, and militarily in the eastern Black Sea region, especially strategically placed Georgia.
إخفاقا الخليج المزدوجان: الابتكار وتوظيف المواطنين في القطاع الخاص
خرجت دول الخليج من الجائحة العالمية برياح اقتصادية مواتية. لكن الأحداث البارزة مثل استضافة قطر لكأس العالم لكرة القدم وإكسبو الدولي في الإمارات العربية المتحدة استمرت في إخفاء نقطتي ضعف خفيتين ولكنهما مهمتين عانت منها هذه الدول لعقود. لماذا تفتقر اقتصادات الخليج إلى الابتكار؟ ولماذا تكافح من أجل خلق فرص عمل في القطاع الخاص للمواطنين؟
The current complex situation in the global oil market seriously tests the abilities of OPEC+ to play the role of a regulator, forcing Saudi Arabia to assume the main burden of responsibility for keeping oil prices from declining further and for shoring up the cartel ranks.
Saudi LNG exports: Overcoming challenges to commercial success
After issuing positive statements around greenfield blue hydrogen projects in late 2022, the company, Bloomberg now reports, may be migrating away from the hydrogen scheme and toward LNG exports. Both would require significant capital investment. Assuming the company decides to pursue an LNG export project, it will face many potentially value-erosive challenges and risks that must be overcome before achieving economic success.
Measure, verify, certify: How to future-proof Gulf companies in the energy transition
Several Gulf states have introduced renewable energy certificates into their low-carbon energy eco-system. What are RECs and how can they help companies navigate the energy transition?
Managing US-China relations in the Middle East among common and conflicting interests
The Biden administration has been trying to diplomatically reengage with China, although so far with little response from Beijing. Any broad reengagement would necessarily include reengagement in the Middle East and North Africa. Both sides have a long list of common interests in the Middle East; the areas where their interests diverge relate mainly to suspicions of the other side’s long-term strategy and global ambitions. How can Washington and Beijing build on common interests in the region while addressing their long-term concerns, reducing some of them and accommodating robust competition or even sharp adversarial attitudes in other areas?
Beijing to Baghdad: China’s growing role in Iraq’s energy sector
Chinese companies are well positioned to participate in Iraq’s efforts to expand its oil production capacity and develop domestic gas supplies, as they are actively engaged in various energy-related undertakings throughout the country. However, if indeed China’s strategy is, as some have suggested, to become the dominant player in Iraq’s economy, achieving that objective will likely prove difficult given Iraq’s challenging operating environment and contentious politics.
War as a catalyst for greater Black Sea-Gulf interconnectivity
Russia’s full-scale invasion of Ukraine has destabilized and distressed the entire Black Sea neighborhood. Yet despite the war, or perhaps because of it, strategically important foreign direct investments into Black Sea littoral countries, including from the Gulf, have endured or even grown.
Over the last two decades, the Mediterranean has become an important region. Many scholars, policymakers and analysts have mostly referred to this region from a nexus of security, geopolitics and traditional energy politics. With the war in Ukraine, the relevance of this whole region has increased along the same line. The Mediterranean today is home to some of the most enduring conflicts in the world. New energy resources are being discovered in disputed areas in an environment of intense geopolitical competition over regional leadership and energy routes within and beyond the region.
