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.
Baghdad, Beirut, and the politics of Lebanon’s power crisis
On July 24, Beirut and Baghdad signed a governmental framework agreement under which Iraq pledged 1 million tons of heavy fuel oil to Lebanon over a full year.
We rarely miss an opportunity to criticize our Gulf Arab partners — sometimes rightly so — for not doing enough to safeguard collective interests. But one must acknowledge that on Afghanistan, and especially our just-completed exit from the country, most of our Gulf Arab partners absolutely shined. They deserve a ton of credit for the role they played in our large, challenging, and deadly evacuation — a role which was nothing short of indispensable.
Mick Mulroy and Ken Tovo join host Alistair Taylor to discuss their recent paper on how US intelligence and military operatives effectively collaborated with local Kurdish partners in Northern Iraq in the early 2000s, why it was a successful partnership, and what lessons it may provide for future operations. The paper, “Irregular Warfare: A Case Study in CIA and US Army Special Forces Operations in Northern Iraq, 2002-03,” is available now on MEI’s website.
Sectarianism and ideology: The cases of Iran and Saudi Arabia
Many analysts oversimplify the political conflict between Iran and Saudi Arabia as one driven by sectarianism or Shi’a-Sunni tensions that has shaped the two states’ outlook and actions in the Middle East. However, their political differences are actually much more complex and deeper rooted.
At the dawn of the Biden era of American foreign policy, a more mature, realistic Saudi foreign policy is emerging to match the shifting signals from Washington. In some measure, the Saudis are readopting elements that traditionally characterized their policy preferences before the meteoric rise of Crown Prince Mohammed bin Salman (MbS), the kingdom’s de facto ruler.
Irregular Warfare: A Case Study in CIA and US Army Special Forces Operations in Northern Iraq, 2002-03
Irregular warfare (IW) is increasingly common in the 21st century and the U.S. must learn from its successful experiences with it and apply those lessons to great power competition. For the past two decades the CIA and Army Special Forces have demonstrated how to leverage interagency relationships and apply complementary capabilities to achieve successful IW outcomes. The CIA/Army Special Forces partnership in Northern Iraq during the invasion of Iraq demonstrates the value of this interagency team and provides lessons and a model for the conduct of IW in the future.
في 8 أغسطس/آب، سلَّم وزير الخارجية العراقي فؤاد حسين، عبر نظيره السعودي، دعوة من رئيس الوزراء مصطفى الكاظمي إلى العاهل السعودي الملك سلمان بن عبد العزيز آل سعود لحضور “قمة” لدول جوار العراق على مستوى القادة، والتي ستُعقد في نهاية هذا الشهر. في اليوم نفسه، وجَّه دعوة أخرى إلى الرئيس التركي رجب طيب أردوغان. لا شك أن الفكرة طموحة والصورة الأولى التي تتبادر إلى الذهن هي الاحتمال غير المرجح أن يجلس الملك سلمان والرئيس الإيراني الجديد المتشدد إبراهيم رئيسي، على جانبي الطاولة نفسها في بغداد.
There were two parts to the Iraqi prime minister’s request to President Biden on July 26 in their meeting at the White House: end Washington’s combat mission in Iraq but maintain U.S. military assistance there. The first part was aimed mostly at Mustafa al-Kadhimi’s domestic audience; the roughly 2,500 U.S. troops in Iraq are there primarily to advise and assist the Iraqi army. But the second part deserves a bit of thought.
لقاء الرئيس جو بايدن مع رئيس الوزراء العراقي مصطفى الكاظمي يوم الاثنين 26 يوليو/تموز لن يفتح آفاقًا جديدة، لكن الأمريكيين بدلًا من ذلك يحاولون إبراز الجوانب غير العسكرية للعلاقة الثنائية. ففي وزارة الخارجية الأمريكية في نهاية الأسبوع الماضي، قاد وزير الخارجية أنتوني بلينكن ووزير الخارجية العراقي فؤاد حسين فرقًا ناقشت التعاون المستمر في مجالات مثل الصحة العامة، حيث يدعم الأمريكيون جهود بغداد للتعامل مع تفشي فيروس كورونا. كما أعلن بلينكن يوم الجمعة الماضي عن مساعدات إنسانية أخرى بقيمة 155 مليون دولار للعراقيين النازحين داخليًا وكذلك لتجمعات اللاجئين العراقيين في الدول المجاورة.
All in the family: How an animated series reflects social change in Saudi Arabia
Masameer County, the Netflix animated television series taking Saudi Arabia by storm, reveals how the country’s creative class, over the last two decades, has posed awareness-raising questions while reevaluating the assumptions and terms used to discuss contentious social issues. This is not the Saudi Arabia of clerics, oil, and the royal family, but the one experienced by everyday people.
Hezbollah’s Regional Activities in Support of Iran’s Proxy Networks
As a Lebanese actor ideologically tied to Iran, Hezbollah has multiple allegiances and objectives that do not always align symmetrically. Hezbollah’s regional activities are a reflection of the group’s increasingly close alignment with Iran, rather than the interests of the Lebanese state or citizenry. Today, Hezbollah’s regional adventurism is most pronounced in its expeditionary forces deployed in Syria and elsewhere in the region, but no less important are the group’s advanced training regimen for other Shi’a militias aligned with Iran, its expansive illicit financing activities across the region, and its procurement, intelligence, cyber, and disinformation activities. Together, these underscore the scale and scope of the group’s all-in approach to transforming from one of several Lebanese militias into a regional player acting at Iran’s behest.
