The new wave of dealmaking by Gulf sovereign wealth funds
For resource-rich countries such as Gulf oil and natural gas producers, sovereign wealth funds have emerged as promising tools to save for future generations, mitigate the effects of outsized economic shocks, and/or be deployed as reserve investment and strategic development funds to spend on human, natural, social, and physical capital.
إخفاقا الخليج المزدوجان: الابتكار وتوظيف المواطنين في القطاع الخاص
خرجت دول الخليج من الجائحة العالمية برياح اقتصادية مواتية. لكن الأحداث البارزة مثل استضافة قطر لكأس العالم لكرة القدم وإكسبو الدولي في الإمارات العربية المتحدة استمرت في إخفاء نقطتي ضعف خفيتين ولكنهما مهمتين عانت منها هذه الدول لعقود. لماذا تفتقر اقتصادات الخليج إلى الابتكار؟ ولماذا تكافح من أجل خلق فرص عمل في القطاع الخاص للمواطنين؟
Saudi Arabia can alleviate US concerns over its civilian nuclear energy program. Here’s how.
Saudi leaders have stepped up their plans for developing peaceful nuclear energy, inviting technical bids to the planned construction of two 1.4 gigawatt-electric nuclear reactors and restating the kingdom’s intention to use domestic uranium resources for producing low-enriched uranium as nuclear fuel.
The current complex situation in the global oil market seriously tests the abilities of OPEC+ to play the role of a regulator, forcing Saudi Arabia to assume the main burden of responsibility for keeping oil prices from declining further and for shoring up the cartel ranks.
The U.S. and EU Should Coordinate their Saudi and Israeli-Palestinian Efforts
American and European eyes are set on Riyadh. Both the Biden administration and the European External Action Service are currently trying to advance policy moves that involve Saudi Arabia and that – if successful – will reshape the Middle East. Alas, when it comes to the Israeli-Palestinian issue, these European and American efforts are quite different, and even seem contradictory.
Saudi LNG exports: Overcoming challenges to commercial success
After issuing positive statements around greenfield blue hydrogen projects in late 2022, the company, Bloomberg now reports, may be migrating away from the hydrogen scheme and toward LNG exports. Both would require significant capital investment. Assuming the company decides to pursue an LNG export project, it will face many potentially value-erosive challenges and risks that must be overcome before achieving economic success.
Measure, verify, certify: How to future-proof Gulf companies in the energy transition
Several Gulf states have introduced renewable energy certificates into their low-carbon energy eco-system. What are RECs and how can they help companies navigate the energy transition?
Art in Dialogue with Nature: An Exploration of Saudi Arabia’s New Valley of the Arts
Wadi AlFann (‘Valley of the Arts’) is a new global cultural destination in Saudi Arabia, where monumental contemporary artworks are being commissioned for AlUla’s majestic desert landscape.
Curator Iwona Blazwick and participating Saudi artist Manal Al Dowayan speak with MEI’s Senior Vice President Kate Seelye about Wadi Al Fann’s permanent art commissions and the impact of the Kingdom’s investment in the arts as part of Saudi Vision 2030 on local communities and the international art scene.
War as a catalyst for greater Black Sea-Gulf interconnectivity
Russia’s full-scale invasion of Ukraine has destabilized and distressed the entire Black Sea neighborhood. Yet despite the war, or perhaps because of it, strategically important foreign direct investments into Black Sea littoral countries, including from the Gulf, have endured or even grown.
In an era of Middle East détente, how should the US and Israel respond?
Both Washington and Jerusalem welcome any reduction in regional tensions and prospects for a more stable, secure, and prosperous environment. However, there is a risk for U.S. and Israeli policy priorities, such as that regional de-escalation will reduce pressure on Tehran to negotiate on issues of concern, especially its nuclear weapons program.
