Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
On June 29, at an aid and investment conference in Cairo, Egypt and the EU reached a €1 billion investment deal, and over 20 MoUs, collectively worth approximately €40 billion in private investment, were signed on the sidelines. Little mention has been made of migration in the new European agreement with Egypt, but there is little doubt that it is a pivotal factor.
Pakistan’s government is pursuing a two-track approach to stabilize the country’s long-troubled economy. It is engaged in lengthy negotiations with the IMF to secure at least $6 billion in loans to shore up its ability to service its external debt. At the same time, Islamabad is also trying to woo its Gulf allies, most notably Saudi Arabia and the UAE, in a bid to diversify its sources of external financing, address the lingering threat of insolvency, and put its economy on an upward trajectory of sustainable growth.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
The most defining aspect of the Sino-Turkish relationship is the need for Turkey to find economic or geopolitical leverage to attain some semblance of equality with China. During Turkish Foreign Minister Hakan Fidan’s recent visit to Beijing, his subtle references to the Turkic and Islamic credentials of Xinjiang may have gotten lost in translation for the Chinese.
A little over a year ago, the icy relations between Iran and Saudi Arabia underwent a remarkable thaw. But beneath this détente, a new front emerged in their longstanding rivalry — one rooted not in geopolitics or religious ideologies but in the realm of soft power and societal aspirations.
Kuwait’s emir, Sheikh Mishal Al Ahmad Al Jaber Al Sabah, took his next step in governance without a parliament in place on June 1, when he appointed Sheikh Sabah Khalid Al Sabah as crown prince. Although the timing of the announcement suspending portions of the constitution and dissolving the parliament caught most observers off guard, the emir’s decision was not surprising.
Corruption in Iran is strategic and a key element of the current political order. It serves as an instrument of national strategy and an essential component of governance within the Islamic Republic.
On Feb. 25, 2024, Qatar announced plans to increase its LNG production capacity by a further 16 million tons per annum (mtpa) in 2029-30, bringing the total to 142 mtpa. This would be the third such large-scale expansion of its LNG production within the next six years, but there’s one wrinkle: These new production volumes are set to come online at a time of significant oversupply in the LNG market. What accounts for Qatar’s decision?
Strategically located at the mouth of the Strait of Hormuz on the Arabian Sea, Gwadar, once a derelict port, was revitalized as part of the broader development of China-Pakistan Economic Corridor (CPEC) and declared fully operational in 2021. Can a renewed focus on the Gwadar port and the socio-economic and security situation of the surrounding region help Islamabad and Beijing rescue CPEC from failure?
In recent months, Israel’s situation in the Red Sea has grown increasingly challenging in the security, economic, and diplomatic spheres. But the country is in a better position to meet these challenges and threats by leveraging the strategic regional partnerships it has developed over the past several years.
As the world faces unprecedented challenges, from climate crises to migration pressures, the need for concerted action to address financing for development has never been more urgent. Against a backdrop of resource constraints, geopolitical shifts, and faltering progress on the UN Sustainable Development Goals, it is imperative to chart a course of action that is both pragmatic and visionary. This piece outlines 10 actionable measures to tackle these multifaceted challenges and pave the way for a more sustainable and equitable future.
A version of this article first appeared as part of an Expert Views special feature on the new rules of the game in the Iranian-Israeli conflict.
The month of April saw a series of unprecedented escalations in the long-simmering Iranian-Israeli conflict, with both countries launching missile and drone attacks against the other’s territory for the first time in history.
In the wake of these strikes, what will be the impact on the regional security and political environment going forward, what is needed to stabilize the new rules of the game, and how can US diplomacy help to facilitate that process? MEI has asked its experts to weigh in.
On April 21, the US House of Representatives passed the long-awaited aid package for Israel, Ukraine, and Taiwan. The legislation contained another long-sought-after measure: authority for the US government to tighten restrictions on Iran’s oil exports. But in truth, aggressive US action remains unlikely and there are powerful operational, strategic, and political barriers preventing the US from shutting down Iran’s oil trade or hindering it in a material way.