This week’s briefing on recent news and upcoming events in the region featuring Mirette F. Mabrouk, Marvin G. Weinbaum, Gonul Tol, Alex Vatanka, and Gerald Feierstein.
Oman’s new ruler, Sultan Haitham, only has a short timeframe in which to aggressively diversify the country’s economy and reduce its dependency on hydrocarbon exports. This already difficult task is further complicated by the twin challenges of the global coronavirus pandemic and low oil prices, both of which limit the government’s fiscal room for maneuver. One obvious sector that Oman should consider expanding rapidly is its tourism industry.
Jerry Feierstein, Karen Young, and Dania Thafer join host Alistair Taylor to discuss the political, economic, and foreign policy challenges facing the sultanate and its new ruler, Sultan Haitham bin Tariq, who ascended to the throne following the death of Sultan Qaboos, Oman’s long-time ruler, in early January.
China’s Belt and Road Initiative (BRI) is a central policy framework with decentralized initiatives. Under the BRI’s Silk Road Economic Belt (SREB) and the Maritime Silk Road (MSR), China’s inland provinces and coastal peers have been obliged to implement the top-down national strategy while at the same time having been granted the latitude to interpret the strategy to suit their commercial interests. This article looks at how Fujian and Jiangsu provinces have sought to position themselves along the Maritime Silk Road with respect to their relations with Middle Eastern partners.
So far, Saudi Arabia’s push for OPEC+ restraint appears to be working. If projections of a gradual demand recovery in 2020 are accurate, the Saudis should be able to reaffirm their centrality as market stabilizers.
Having given Yemen’s Houthi rebels control over the ports of Hodeida governorate on humanitarian grounds as part of the December 2018 Stockholm Agreement, the international community has failed to address the looming environmental, economic, and political threats presented by the decaying Safer oil tanker sitting offshore — a “floating bomb” waiting to explode.
Since Yemen was first hit by the coronavirus in April, the southern port city of Aden has gone on to become the epicenter of COVID-19 in the country. While the number of cases and deaths remains low, the situation on the ground in Yemen is far more complex than the official numbers suggest.
When OPEC+ ministers hold their next monthly meetings on July 14-15, the Saudis are likely to be a strong voice pushing for the continuation of production limits, for both economic and political reasons.
During three major crises, each happening under a different administration, the U.S.-Gulf partnership failed to effectively address the security concerns of the Gulf states. While no partnership is perfect, such major and persistent breakdowns in coordination among longstanding security partners are uncommon, and can be deadly if left unresolved.
On April 2, 2020, the Houthi version of Saba News Agency in Sanaa announced the first coronavirus case in Yemen, but shortly afterwards it retracted the news and the deputy chairman of the agency’s board of directors was fired. Many Yemenis had hoped the Saudi-led coalition’s blockade of the country and its resulting isolation might have helped to prevent an outbreak.
Leaders of Arab Gulf regimes now decry the attempt to implement the vision of the Israeli Right, which aims to prevent the establishment of a Palestinian state. But it is exactly the policies of the Arab Gulf regimes, through their normalization of ties with Israel at the expense of the Palestinians, that directly contributed to the rise of the Israeli Right and made this annexation more likely.
As MbS approaches three years as Saudi Arabia’s crown prince and, in the eyes of many, the de facto ruler of the kingdom, he remains an enigmatic figure on the world stage.
What happened in al-Awadh illustrates how the tribes are increasingly caught between the brutality of the Houthis and the incompetence of the Yemeni government.
Turkish support for the Tripoli-based Government of National Accord (GNA) in the Libyan civil war has added a new dimension to relations between Turkey and Gulf countries like the United Arab Emirates (UAE) and Saudi Arabia. But what impact have the growing geopolitical divides and diplomatic disagreements had on Turkish-Emirati and Turkish-Saudi economic relations?
How the current twin crises of the global coronavirus pandemic and economic collapse will affect the GCC governments remains an open question.