Mohammed Alsulami and Kasra Aarabi join Banafsheh Keynoush to discuss the latest talks between long-time regional rivals Saudi Arabia and Iran. Several rounds of talks between Riyadh and Tehran been held in Baghdad since April. They are taking place amid a broader regional trend toward deconfliction and as negotiations in Vienna over the revival of the 2015 Iran nuclear deal appear to have bogged down.
The kingdom is unlikely to achieve net zero emissions soon, but the ambition to do so, and the plan, is an impactful step in the right direction, write Jim Krane and Karen E. Young in their new piece for Al-Monitor.
The US competes to be the “partner of choice” in the Gulf
Even as the United States continues the strategic pivot to the Pacific inaugurated by the Obama administration, the competition for security and control of maritime space in the Red Sea and eastern Mediterranean is intensifying.
Far from a benefactor, the Turkish government is exploiting Somalia’s fragility
A decade has passed since Turkish President Recep Tayyip Erdoğan landed in Mogadishu at the height of one of Somalia’s worst famines, announcing grandiose projects like the launch of Turkish Airlines flights to the Somali capital, the remodeling of a hospital, and the opening of the biggest embassy in Africa, all designed to show that Turkey’s mission goes well beyond aid and that Ankara is an alternative to Somalia’s traditional donors. Erdoğan’s historic visit earned him high praise throughout Somalia. Although his trip appeared to be a heartfelt humanitarian mission, in reality it was part of a long-term, strategically planned effort. A decade on, Somalis are starting to realize that Turkey has evolved from friend to foe, trade partner to trade protectionist, state builder to outright spoiler.
Iran is a neighboring country for Saudi Arabia and we from the Gulf states respect its people and culture, sharing many similarities as nations throughout different historical periods. However, there are, unfortunately, profound disagreements that have significantly increased since the 1979 revolution because of Tehran’s foreign policy approach based on ideological promotion and projection.
Century-old grievances continue to fester in Yemen’s Tihama region
Grievances have been piling up unaddressed in Tihama, Yemen’s Red Sea coastal plain, for almost a hundred years. Since the revolt of al-Zaraniq against Imam Yahya Hameed al-Din of the Mutawakkilite Kingdom (then North Yemen) in 1925-26, consecutive Imams and the republican elite have pursued policies that have systematically marginalized the Tihamis. They have been deprived of a fair share of their region’s wealth, as well as opportunities for equitable power-sharing and economic empowerment.
Egypt is currently the fastest-growing Arab exporter of liquefied natural gas (LNG), according to a report released by the Organization of Arab Petroleum Exporting Countries on Aug. 16. The report showed that Egypt exported around 1.4 million tons of LNG in the second quarter of 2021, having not exported any LNG during the same period in 2020.
The return of the pharaohs: The rise of Egypt’s civilization-state
After decades of soul searching to define itself as a state, Egypt is building its own civilization-state and seeks to join an emerging club of nations that center historical and cultural tradition in their policy and governance structures and reject the West’s cultural dominance. The civilization-state is the prism through which Western capitals should view and understand Egypt’s domestic and foreign policy moves.
East Med gas needs clean tech and regional integration to support investment case
The viability of Eastern Mediterranean natural gas resources has long been a source of debate for reasons including cost considerations, market demand, and regional geopolitical tensions. The past couple of years have further complicated the debate, introducing new questions about the role of these resources in supporting post-pandemic economic recovery or helping more advanced markets achieve net-zero policies by replacing coal and other fuel sources (a particularly relevant topic of debate given Europe and Asia are key export targets for East Med gas).
Mega-projects and Small Enterprises: Understanding Saudi Arabian Banks’ Role in Economic Development
Vision 2030 promises a transformation of Saudi Arabia’s economy, and the financial sector will be crucial to achieving this. The sector will facilitate private investment focusing on small and medium-sized enterprise (SME) financing, fund mega-projects, and be a driver for diversifying away from oil. As a result, banks’ role must go from being distributive and largely passive to developmental and active. This article will highlight how the role of the Saudi banking sector has been transformed in the last five years and how its composition is changing to cope.
