The India-Middle East-Europe Economic Corridor (IMEC) is a proposed multinational infrastructure initiative aimed at upgrading connectivity between the three regions through integrated trade, energy, and digital networks. Announced at the G20 summit in New Delhi in September 2023, IMEC is envisioned partially as a counterweight to China’s international infrastructure project, the Belt and Road Initiative.
Syria’s New Investment Law and the Return of State-Mediated Market Access
As Syria moves toward reconstruction, the country’s new authorities have already made a consequential decision about who will control the postwar economy. Last June, President Ahmed al-Sharaa enacted Investment Law 114 by presidential decree, granting sweeping and permanent concessions to investors. Yet rather than make those incentives broadly accessible, the law preserves the country’s longstanding model of state-mediated market access.
MENA Energy Recap, Q1-2026: Four Lessons From the Return of Tail Risk
This is a special edition of the MENA Energy Recap — a quarterly review of key energy developments that took place in the region from January through March of 2026 and what they signal in the months ahead. For Q1-26, the recap considers some of the long-term implications of the ongoing war in the region, which have caused the largest energy supply disruption in history, and what lessons these events hold for both near- and long-term energy dynamics in both the Middle East and the wider world.
Connecting Beijing’s global infrastructure: The PEACE Cable in the Middle East and North Africa
One of the most ambitious elements of China’s Digital Silk Road is the Pakistan & East Africa Connecting Europe (PEACE) fiber-optic cable. China has long expressed its ambition to connect the greater Middle East, Africa, and Europe with Chinese fiber optics in order to expand its presence in the region, and Beijing now boasts strategic infrastructure assets in geopolitical hotspots, such as the Pakistani port of Gwadar.
How will the war in Ukraine affect Gulf oil producers?
Although Western countries have managed to limit Moscow’s capacity to export oil, the Arab Gulf monarchies are unlikely to be able to benefit in the near term. This may change in the long run, however.
Getting complicated in a hurry: The implications for Egypt of Russia’s invasion of Ukraine
A week after Russia invaded Ukraine, the economic and political ramifications for Egypt have evolved more rapidly, and comprehensively, than its policymakers would have wished.
The Russia-Ukraine War has Turned Egypt's Food Crisis into an Existential Threat to the Economy
With the outbreak of the Russia-Ukraine war on Feb. 24, 2022, Egypt’s food security crisis now poses an existential threat to its economy. The fragile state of Egypt’s food security stems from the agricultural sector’s inability to produce enough cereal grains, especially wheat, and oilseeds to meet even half of the country’s domestic demand.
Expanding use of e-wallets in Egypt: Strengthening the social contract one transaction at a time
Egypt, like much of MENA, is experiencing an unprecedented digital transformation. Governments throughout the region are embracing emerging technologies, particularly in governance and, increasingly, financial management. Countries across MENA are adopting ICT strategies, such as the ICT Vision 2030 in Egypt. Egypt’s plan aims to develop a knowledge-based society by means of a strong digital economy built on reliable, affordable, and equitable access to digital tools.
The 25-year Iran-China agreement, endangering 2,500 years of heritage
The 25-year strategic cooperation agreement between Iran and China, signed in March 2021, is coming to fruition, sparking debate among Iranians about the potential effects of deepening ties with Beijing.
Roundtable on Energy Transitions in MENA: IDRC-MEI Report
The first International Development Research Centre (IDRC)-Middle East Institute (MEI) Roundtable on Energy Transitions in the Middle East and North Africa (MENA), held on January 20, 2022, explored the challenges and opportunities facing the region as a result of the global energy transition. As it accelerates over the course of the century, this global transition will provide new opportunities for economies to evolve while putting a strain on the current economic model of many nations in MENA.
The smell of the revolution: The prospects for reform under the next Iraqi government
In its first session the new Iraqi government will find on its desk a number of thorny files, which vary in their degree of importance, danger, and urgency. Its first task will be to prioritize them. How it chooses to do so will be shaped by several sets of factors, including intrinsic internal ones, as well as regional and international developments. Its priorities when it comes to the security, economic, and service files will play an important role in determining if the government will be able to remain in office and complete its constitutional term.
Qatar and global LNG: Potential pivot from Asia to Europe?
The global LNG landscape is changing, and while Qatar will continue to be a major LNG exporter, it will briefly drop to third in the global rankings until planned expansion projects come on stream in the middle part of the decade. Strategically, Qatari suppliers may opt to change their market supply profile, which will have a knock-on effect on the global market, both LNG suppliers and buyers.
Balancing the books: A deep dive into fiscal policy and diversification in Oman
This policy brief provides a deep dive into the far-reaching and interrelated policies imposed by the government to reduce the country’s deficits, debts, and reliance on hydrocarbons.
Lama Kiyasseh and Lina Osman join Karen Young, director of MEI’s Economics and Energy program, to discuss how sustainable finance is changing the region by channeling financial resources toward addressing environmental and social challenges.
Promoting Entrepreneurship in MENA: A Catalyst for a Sustained and Inclusive Recovery from COVID-19
Academic and policy-based research demonstrates that women and youth in most MENA countries face legal, regulatory, and socio-cultural barriers to entering the formal labor market and generating income. Entrepreneurship can be a viable alternative for MENA women and youth because of its prestige in the region and its ability to catalyze inclusive growth. This brief draws on research and evidence to formulate policy advice on how support for entrepreneurship can enhance the economic security of women and youth in what will be a slow and painful post-pandemic recovery.
