Research & Commentary Results

On Feb. 21, Iranians will be voting to elect a new Majlis, the country’s unicameral Parliament. Viewed from the outside, participating in the electoral system might seem futile. While the Iranian constitution recognizes popular will, as represented by an elected president and Parliament, the whole political system operates under the supreme leader, who, although appointed by an elected clerical body (the Assembly of Experts), is, in effect, answerable to no one. The Majlis does, however, have the power to remove the president — a fate that could potentially await President Hassan Rouhani if the conservatives win a majority in the upcoming elections.

The protest movement in Iraq is now entering its fourth month. The protests raging across most of the south of the country have remained non-sectarian in their tone and message, and the movement is steadfast in its rejection of the political order, and all members of the political elite.

Over the past several weeks geopolitical experts have been talking a lot about what the surprise U.S. drone attack on Iranian Gen. Qassem Soleimani, head of the IRGC – Quds Force, on Jan. 3 means for the Middle East and relations between the major powers. What has received considerably less attention, however, is what Soleimani’s killing means for the South Caucasus, a region whose small size belies its strategic importance.

As neighboring regions, the South Caucasus and the Middle East are inextricably intertwined — so much so that the former is sometimes even considered part of the Greater Middle East. While geographical proximity is the strongest driver of interconnectivity between the two regions, geopolitics, business ties, and energy interests also link countries from the South Caucasus and the Middle East and form the basis for important bilateral and regional relationships.

In the immediate aftermath of the assassination of Gen. Qassem Soleimani, head of the Islamic Revolutionary Guard Corps – Quds Force, on Jan. 3, Ayatollah Ali Khamenei warned the U.S. of Iran’s “harsh revenge.” There has been much speculation around the timing, location, and the type (or form) of Iran’s promised revenge. Amin Mohseni-Cheraghlou takes a closer look at the impact of the widely discussed strategy of blocking the Strait of Hormuz.

On Dec. 2, a series of public statements from Emirati and Syrian officials brought widespread attention to the UAE’s rapprochement with Syria. In a video circulated by Russian state media outlet RT, the UAE’s charge d’affaires in Syria, Abdul-Hakim Naimi, praised the “wise leadership” of Syrian President Bashar al-Assad and hailed the Syria-UAE relationship as “solid, distinct, and strong.” Syrian Deputy Foreign Minister Faisal Mekdad responded enthusiastically to Naimi’s comments by praising the UAE for standing by the Syrian government in its war against terrorism.

On Jan. 8, Turkey inaugurated the TurkStream natural gas pipeline from Russia, seemingly deepening Ankara’s ties with Moscow. However, a fuller analysis of Turkey’s current energy policies and consumption trends indicate a dramatic shift westward, away from Russia and Iran.

Turkey has completed the next-to-last piece of the 2,000-mile Southern Gas Corridor, a three-pipeline network that will send gas from Azerbaijan’s huge Shah Deniz field via Georgia and Turkey to Western Europe.

It was such a big deal that Turkish President Recep Tayyip Erdogan, Azerbaijani President Ilham Aliyev, and Georgian Prime Minister Giorgi Gakharia presided at the ribbon-cutting on Nov. 30. They were celebrating the completion of the pipeline that is the middle link in the Southern Gas Corridor: the Trans-Anatolian Natural Gas Pipeline (TANAP), which traverses Turkey.

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.

Faced with rapidly deteriorating public finances, Iranian policymakers had no choice but to reduce gasoline subsidies through a combination of rationing and price hikes. However, the way in which they did so was problematic, especially when they had other, better policy options that would have ensured a more equitable, effective, and efficient outcome.

Although 350 Iraqis have died to date and close to 16,000 have been wounded, protesters are not going home. Yet, most of the ruling clique is still rejecting the idea of forcing the prime minister to resign.

Since early October, the southern provinces of Iraq have been consumed by protests and strikes. While ruthlessly attempting to suppress protests, the Iraqi government has promised legal and political reforms. Yet some of the Kurdistan Region-Iraq’s elites are suspicious that the government’s reform agenda is a “conspiracy” against Kurdish entitlements masquerading as a good faith effort to placate the protestors. The region’s hegemonic parties are concerned that legal, constitutional, and procedural reforms may overhaul the institutions that guarantee their positions of influence in the federal government and secure their territorial claims.

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.

MEI’s Paul Salem and Randa Slim join host Alistair Taylor to discuss the nationwide protests that have swept through Lebanon and Iraq this week resulting in political and economic turmoil as well as crackdowns by security forces. Where do things go from here?

The FII’s public relations bash is important in that it shows the world that the leadership of the kingdom has an ambitious and real vision to move the country forward.