Saudi-Houthi talks could pave the way for intra-Yemeni ones, but will they ensure sustainable peace?
A Saudi-Houthi agreement now looks increasingly likely, but it is highly doubtful that such a deal by itself will end the multi-layered war or build a sustainable peace.
Is There a Way Forward for Political Resolution in Yemen?
Director of MEI’s Arabian Peninsula Program Gerald Feierstein speaks to MEI Non-Resident Scholars Fatima Abo Alasrar & Ibrahim Jalal on a host of current events in Yemen. What have been the takeaways from U.S. Special Envoy Timothy Lenderking’s recent visit to the country – and what are the current trends in the Saudi-Houthi dialogue?
Egyptian government walks risky economic tightrope to fulfill its loan conditions to IMF
As a condition of its $3 billion loan from the IMF, the Egyptian Central Bank confirmed its pledge to maintain a durably flexible exchange rate. The Egyptian pound quickly and sharply dropped, but economists are cautiously optimistic that Egypt can sustain the current crisis and repay its debts. The government is walking a tight rope, attempting to raise revenues and attract investments without exacerbating the tough living conditions at home.
Saudi Arabia’s proactive military strategy in southern Yemen is a risky gamble
Despite formal agreements and vast financial resources, Saudi Arabia has largely failed to integrate the various armed groups in Aden and southern Yemen under one national security sector. This adds to Riyadh’s ineffectiveness in establishing military-political influence in southern Yemen or in limiting the UAE’s continuing leverage. In an effort to boost its influence, since late 2022 Saudi Arabia has established new armed formations in Aden and nearby governorates, such as the Nation Shield Force.
Eastern Mediterranean gas discoveries, progress, and what to watch in 2023
The challenge of developing export strategies for the offshore natural gas resources concentrated in the Eastern Mediterranean predates the Russo-Ukrainian war. Yet over the course of 2022, Europe’s intensifying energy crisis created a new and more immediate incentive to solve those export challenges, despite a great deal of work still to be done.
On Nov. 21, the Iranian-backed Houthi militia launched a drone attack against the Dhabba Oil Terminal in Yemen’s Hadramawt Governorate. The threat of further attacks on oil ports and military targets remains high as the militant group tests the tolerance and response of Yemen’s government and the international community while increasing its demands.
Dispatches from Sharm el-Sheikh: Reviewing COP27 from the MENA perspective
Participating in COP27 provided a unique opportunity to view the proceedings firsthand and evaluate the effectiveness of the meeting in advancing critical climate priorities that can alter the alarming trajectory of future climate change.
