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Egyptian government walks risky economic tightrope to fulfill its loan conditions to IMF
Islam Safwat/Bloomberg via Getty Images
  • Analysis
  • Egyptian government walks risky economic tightrope to fulfill its loan conditions to IMF

    As a condition of its $3 billion loan from the IMF, the Egyptian Central Bank confirmed its pledge to maintain a durably flexible exchange rate. The Egyptian pound quickly and sharply dropped, but economists are cautiously optimistic that Egypt can sustain the current crisis and repay its debts. The government is walking a tight rope, attempting to raise revenues and attract investments without exacerbating the tough living conditions at home.

    February 9, 2023

    The Middle East in an era of great tech competition
    Photo by KARIM SAHIB/AFP
  • Analysis
  • The Middle East in an era of great tech competition

    With the acute impacts of US-Chinese global tech decoupling becoming clearer, MENA is slowly emerging as an important region to watch. Economic and geopolitical ties with the West have long dictated the shape of the region’s digital environment, but more recent great power competition and Middle Eastern countries’ pursuit of economic and technological sovereignty have slowly deconstructed these dynamics.

    Eastern Mediterranean gas discoveries, progress, and what to watch in 2023
    Photo by Danil Shamkin/NurPhoto via Getty Images
  • Analysis
  • Eastern Mediterranean gas discoveries, progress, and what to watch in 2023

    The challenge of developing export strategies for the offshore natural gas resources concentrated in the Eastern Mediterranean predates the Russo-Ukrainian war. Yet over the course of 2022, Europe’s intensifying energy crisis created a new and more immediate incentive to solve those export challenges, despite a great deal of work still to be done.

    What the United Nations’ 6th Climate Assessment tells us about the Mediterranean’s climate future
    Fadel Senna /AFP/Getty Images
  • Analysis
  • What the United Nations’ 6th Climate Assessment tells us about the Mediterranean’s climate future

    The latest U.N. IPCC report details the alarming changes that Mediterranean countries will experience in the coming decades due to climate change, highlighting three critical areas — warming and droughts, declining ecosystems, as well as socioeconomic and public health risks.

    December 19, 2022

    Dispatches from Sharm el-Sheikh: Reviewing COP27 from the MENA perspective
    Photo by Sean Gallup/Getty Images
  • Commentary
  • Dispatches from Sharm el-Sheikh: Reviewing COP27 from the MENA perspective

    Participating in COP27 provided a unique opportunity to view the proceedings firsthand and evaluate the effectiveness of the meeting in advancing critical climate priorities that can alter the alarming trajectory of future climate change.

    November 29, 2022

    Alliance: Lebanon needs “Change” and “Opposition” to work together
    Photo by Houssam Shbaro/Anadolu Agency via Getty Images
  • Analysis
  • Alliance: Lebanon needs “Change” and “Opposition” to work together

    “Change” is an economics-driven pursuit for local accountability and social justice, and “Opposition” is a politically focused mission with geopolitics at its heart. “Change” cannot reform the system on its own, and “Opposition” cannot challenge regional considerations alone. Together, however, they potentially hold a narrow majority — 65 seats, combined — against the 63 belonging to a Hezbollah-led coalition. And there is an opportunity, today, to bring these two movements together through a parliamentary alliance.

    November 28, 2022