Research & Commentary Results

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.

In Lebanon, the protests have entered their second month with contending parties stuck in a stalemate that is not hurting enough to incentivize concessions from any party. Ruling elites are at a loss what to do.

Oscar-nominated Lebanese film director Nadine Labaki received the 2019 Issam M. Fares Award for Excellence at MEI’s 73rd Annual Awards Gala on November 12 in Washington, DC.

Lebanon’s popular uprising seems to be moving into a long and painful standoff between, on the one hand, a new generation along with a wide spectrum of the population demanding wholesale accountability and profound change, and on the other a ruling class mired in an interdependent web of corruption, intent on protecting its interests and waiting out the populace.

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.

Lebanese artist Katya Traboulsi joins guest host Lyne Sneige to discuss her art exhibition, Perpetual Identities, which consists of 22 hand-crafted replicas of bombshells used in the Lebanese civil war, each adorned with designs and iconography associated with the artistic traditions of 22 featured countries. 

With ongoing protests, potential sectarian clashes, and threats of terrorism in the region looming, the country’s armed forces need propping up now more than ever.

On Oct. 29, Prime Minister Saad Hariri submitted his resignation and that of the government, a move that has been hailed as an important victory for the protestors who have taken to the streets across the country for nearly three weeks now. Heralded as al-thawra, or revolution in Arabic, Lebanon is witnessing the rise of an inclusive, decentralized, and grassroots movement that transcends geography, sect, and traditional loyalties to political dynasties and parties.

Now is a time to stand with the people of Lebanon, and to maintain support for the country’s constitutional institutions.

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?

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.

It remains to be seen how resilient the protest movement is and how long it can remain mobilized for, especially if political leaders refuse to change their stance.

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.

As protestors take to the streets across the country, Lebanon appears to be heading towards an economic meltdown with severe consequences for Lebanese citizens of all walks of life. We are concerned that failure to tackle current problems immediately and comprehensively could result in spiraling unemployment, uncontrollable inflation, more social unrest, civil strife and a severe deterioration in public health services and other basic resources.

On Sept. 25, Lebanese President Michel Aoun told the UN General Assembly that Lebanon is prepared to welcome any country’s help in demarcating its land and maritime borders. He was referring to Lebanon’s decades-old border dispute with Israel, the resolution of which has become increasingly important as the country inches closer toward its first oil and gas drilling operations later this year.