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.
Understanding the Fatemiyoun Division: Life Through the Eyes of a Militia Member
Approximately 10,000-20,000 Afghan men, mostly from the Hazara ethnic group, have fought in Syria in support of the government of President Bashar al-Assad. Organized by Iran and led by the Islamic Revolutionary Guard Corps and other affiliated groups, they have gathered under the banner of the so-called “Fatemiyoun” Division. This is the story of one of those men, Mohammed Jalil Dinsta, told through selections from his writings, alongside relevant analysis.
If at first you don’t succeed: Turkey gears up for Istanbul election rerun
The March 31st local elections in Turkey were a breath of fresh air for those long resigned to the fact that the ballot box doesn’t matter anymore and that President Recep Tayyip Erdogan was invincible. To the surprise of many, the opposition captured all of Turkey’s major cities, but the decision by the Supreme Election Council on May 6th to nullify the results of the Istanbul mayoral election and call for a new vote quickly changed the mood. The election is now set to be rerun on June 23rd.
The Middle East and its role in the global economy
Too many of the world’s economies are still struggling. Who right now can help them and in the process most help itself? We suggest it’s the Middle East, but only once the region takes on a long overdue leadership role in the global economy’s financial regulatory and development bodies.
How will the end of US sanctions waivers impact Iran and global energy markets?
The Trump administration’s decision on April 22 to stop waiving sanctions on eight countries that purchase Iranian crude sent oil prices to their highest levels in six months and resulted in defiance and hand-wringing from the three biggest buyers. Meanwhile, Iran said it would retaliate by shutting the Strait of Hormuz, a move that would make it difficult for other Persian Gulf countries to get their crude to market.
Turkey, which lies at the crossroads of Europe and Asia, has emerged in recent years as an important geopolitical actor not just within the surrounding region but in the global arena as well. Turkey’s foreign and economic policy horizons today extend to the Far East. These essays explore the development of cultural, political, and economic links between Turkey and Asia.
Monday Briefing: New Arab uprisings echo earlier revolts
In this week’s Monday Briefing, MEI experts Paul Salem, Jonathan M. Winer, Robert S. Ford, Mirette F. Mabrouk, and Charles Schmitz provide analysis on recent and upcoming events including the current uprisings in Algeria and Sudan, General Hifter’s effort to take Tripoli, the hirak protest movement in Algeria, the strategic partnership between Egypt and the U.S., and cracks in the coalition of President Hadi in Yemen.
Monday Briefing: US IRGC terrorist designation and the view from Tehran
In this week’s Monday Briefing, MEI experts Alex Vatanka, Emadeddin Badi, Yousef Munayyer, Randa Slim, and Shahrokh Fardoust provide analysis on recent and upcoming events including the IRGC’s designation as a terrorist group, the battle for control of Tripoli in Libya, the impact of Israel’s elections on the Palestinian crisis, Iraqi PM Abdul-Mahdi’s first official visit to Iran, and the spring meetings of the World Bank and IMF in DC.
Invincible no more? Turkey’s Erdogan suffers election defeat
25 years ago, Turkish Islamists’ march to power began in the country’s capital, Ankara, and its largest city, Istanbul, when the ruling Justice and Development Party’s predecessor, the Welfare Party, captured the two municipalities. The loss of these cities in Sunday’s local elections could well mark the beginning of their descent.
In this week’s Monday Briefing, MEI experts Robert S. Ford, Mirette F. Mabrouk, Nathan Stock, Marvin G. Weinbaum, and Jean-François Seznec provide analysis on recent and upcoming events including the government shakeup in Algeria, Egyptian President el-Sissi’s visit to Washington, rocket attacks from Gaza, Imran Khan’s war against poverty, and a $69 billion merger between Saudi Arabia’s oil and chemical giants.
Turkey’s municipal elections are in fact not local but a national referendum on the continued rule of President Recep Tayyip Erdogan. With his complete domination of every aspect of Turkey’s politics and media, as well as military, judicial, and educational institutions, it would be foolish to underestimate his ability to emerge a winner on March 31.
Saudi crown prince’s Asia trip showcases checkbook diplomacy and a more assertive foreign policy
Saudi Crown Prince Mohammed bin Salman has wrapped up another round of checkbook diplomacy, showering up to $100 billion on Pakistan, India, and China during his visit to the three countries in late February. The trip was important for another reason as well: It showcased a new Saudi strategy of playing a more assertive foreign-policy role far beyond the Middle East.
In this week’s Monday Briefing, MEI experts Randa Slim, Robert S. Ford, Marvin G. Weinbaum, James P. Farwell, Emadeddin Badi, Guney Yildiz, and Jean-François Seznec provide analysis on recent and upcoming events including Iranian President Hassan Rouhani’s visit to Baghdad, reconstruction efforts in Syria, the crackdown on militant Islamists in Pakistan, Iran’s cyber attack capabilities, upcoming elections in Libya, Turkish-Egyptian tensions, and Qatar’s $12B loan from bond markets.
