The Gulf in 2020 faces many questions, few answers
Thus far, the reaction to Soleimani’s assassination among the Gulf states has been cautious.
Thus far, the reaction to Soleimani’s assassination among the Gulf states has been cautious.
In our annual year in review episode, MEI experts Paul Salem, Gonul Tol, Charles Lister, Alex Vatanka, Marvin Weinbaum, and Mirette Mabrouk sit with host Alistair Taylor to discuss the key events across the region in 2019, what surprised them, and where things stand as we head into 2020.
Since 2017 three separate blocs have emerged within the Gulf. Driven by the region’s divisions, rival power centers, and conflicting interests, the Gulf states are playing an ever-greater role in Palestinian affairs.
Aspiring Powers, Regional Rivals examines relations between Turkey, Egypt, and Saudi Arabia, three key aspiring regional powers that have sought to take on a growing role in the Middle East in recent years at a time of declining U.S. influence and involvement.
The steps the Saudis have taken in 2019 may help to ease international pressure on the kingdom’s leadership and restore its image as a constructive player in the world.
The subject of extensive international interest and attention over the past few years, blockchain technology is regarded as a key component of the fourth industrial revolution. This article seeks to shed light on the use of blockchain technology in the Gulf states by analyzing current trends of blockchain adoption in the region compared to those internationally. In so doing, it will determine Gulf institutions’ capacity for keeping pace with the changes and developments blockchain adoption has introduced.
On Nov. 23, Malaysia’s prime minister, Mahathir Mohamad, announced that his country will stage an Islamic summit in Kuala Lumpur from Dec. 19-21. The event, on the theme of “The Role of Development in Achieving National Security,” will feature representatives from the host country as well as Indonesia, Pakistan, Qatar, and Turkey. Around 450 leaders, scholars, clerics, and thinkers from 52 countries will attend, along with Turkish President Recep Tayyip Erdoğan, Qatari Emir Sheikh Tamim bin Hamad al-Thani, Indonesian President Joko Widodo, and Pakistani Prime Minister Imran Khan.
The leaders of the six GCC member states will meet in Riyadh on Dec. 10 amid signs that the 30-month-old confrontation with Qatar by the self-described “Anti-Terror Quartet” is diminishing.
The 12-country Gas Exporting Countries Forum (GECF), which held its latest meeting in Equatorial Guinea on Nov. 28, has never had OPEC’s ability to control energy prices, but that is likely to change as liquefied natural gas (LNG) transforms the gas market from a regional to a global one.
Four decades on, echoes of the November 1979 assault on the Grand Mosque in Mecca continue to reverberate. Coming on the heels of the Iranian revolution and days after the Iran hostage-taking, the Mecca attack, carried out by a group of several hundred Saudi extremist Islamists declaring a new Mahdi, shocked the Sunni world and pushed Muslims in a far more conservative direction.
Fears of a large-scale war in the Middle East remain heightened as the U.S. continues ratcheting up sanctions against Iran while Tehran takes measures to scale back its restrictive commitments under the Joint Comprehensive Plan of Action (JCPOA). The latest sign of Iranian retaliation against the U.S. withdrawal from the 2015 nuclear accord was its decision, confirmed by the International Atomic Energy Agency (IAEA) on Nov. 11, to begin refining uranium at its Fordow underground enrichment facility.
The Saudi Aramco IPO got started this Sunday morning with shares priced at SAR 30-32 ($8-8.50) each, valuing the company at $1.7 trillion, $300 billion below the original estimate. The lower valuation has been expected for some time by most investment banks and many financial analysts. The proceeds are expected to fund the Public Investment Fund’s forays into non-energy-based companies, advanced technologies, and even robot-filled cities.
After more than two months of Saudi-mediated indirect talks between the Republic of Yemen Government (ROYG) and the UAE-backed Southern Transitional Council (STC), the two sides finally reached a deal on Nov. 5. The Saudi effort, which culminated in the signing of the Riyadh Agreement, is aimed at resolving the conflict within the Arab coalition-backed front and uniting the two parties in the fight against the Iranian-backed Houthi militias. The agreement, which spans political, economic, security, and military arrangements, involves restructuring the executive, military, and security branches of the ROYG, partial disarmament of STC-loyal forces, and the demilitarization of Aden — all of which will be phased in over the next three months.
On Nov. 4 Daily Sabah, a strongly pro-government English-language daily in Turkey, published a scathing editorial with a title that says it all: “Al Jazeera English: A threat against the Turkey-Qatar alliance.” According to the editorial, Al Jazeera English slandered Turkey over its recent military incursion into northern Syria, and thus jeopardized the future of the Turkey-Qatar alliance. Given the close relationship between the Turkish government and Daily Sabah — and indeed the broader media environment in Turkey — it is highly unlikely that such a fiery editorial, which directly threatens Qatar, would have been published without a green light from “the palace.”
After violent confrontations with the government of Yemen and repeated struggles for autonomy, members of the Southern Transitional Council (STC), which represents a political movement that calls for secession, appeared satisfied with the terms of a deal that will be signed with the government of Yemen in Riyadh on Oct. 31. The Saudi-brokered agreement united the conflicting parties in their fight against the Iran-backed Houthis, with a strong vision aimed at stopping any side-show that could endanger this effort.