Research & Commentary Results

In 2017, Saudi Arabia’s Public Investment Fund and a number of Jordanian banks established the Saudi-Jordanian Investment Fund to channel $3 billion into the Jordanian economy. Two SJIF projects provide relevant case studies of the challenges facing Jordan’s broader efforts to attract more FDI and drive economic development.

Gen. Qamar Javed Bajwa orchestrated a paradigm shift in Pakistan’s traditional geostrategic focus, transitioning from geopolitics to geoeconomics. His successor, Gen. Asim Munir, in command of Pakistan’s military for the past year, now faces the challenging task of turning Gen. Bajwa’s unrealized vision into a reality, a goal that requires cultivating positive interdependence and multi-alignment with a diverse range of partners, while also ensuring domestic stability.

As Gulf nations embrace the opportunities presented by developing smart cities, challenges such as cybersecurity and infrastructure sustainability must be addressed through strategic policies and trusted partnerships to ensure a secure and sustainable digital transition.

In recent years, the international community has witnessed a surge in momentum toward the development of standards for artificial intelligence (AI) governance. The AI Safety Summit, convened last month by Prime Minister Rishi Sunak, marked a diplomatic milestone and a definite step in the right direction. However, its impact is contingent on the ability of the global community to navigate the multiparty landscape of AI governance.

At the September G20 meeting, host country India, along with the United States, the European Union, France, Germany, Italy, Saudi Arabia and the United Arab Emirates (UAE), signed a memorandum of understanding, a non-binding commitment to work towards building two separate “corridors”, essentially envisioning a political line that is connected by some new and some existing, or already under construction, physical infrastructure.

The Oct. 7 Hamas attack against Israel and the latter’s ongoing military operation in Gaza have stalled progress in the development of the India-Middle East-Europe Economic Corridor and raised questions about its prospects for eventual completion. The IMEC faces multiple viability challenges, but none of them are insurmountable; thus, its participants are unlikely to abandon it.

The transition toward renewable and clean energy sources, both in the Middle East and around the world, relies on the availability of critical minerals. Critical minerals are set to be the foundation upon which a sustainable, clean energy future is built, catalyzing innovation and progress on a global scale.

The renewed violence in Gaza could not have come at a less opportune time for the climate agenda in the Middle East. From energy economics to environmental degradation, the ripple effects of conflict will complicate the path ahead.

Outside of the security risks brought about by war, the Israel-Hamas conflict has yet to result in major changes in the regional natural gas market.

In recent years, China’s presence in Egypt’s strategic ports has grown noticeably, including the involvement of both private and state-owned Chinese companies. While this reflects Beijing’s growing ambitions in the region, the opacity of the Sino-Egyptian agreements and the blurry lines between China’s commercial ports and its military aspirations raise questions about the potential implications.

With no new interregional or international gas pipelines currently planned, gas-poor Morocco should consider alternative import schemes, such as LNG import via ISO tank containers, utilizing its well-developed port, rail, and road infrastructure.

Did the IDF rely too heavily on advanced technologies in its effort to secure and fortify Israel’s border with Gaza? That is one of many questions that have arisen in the days since Hamas’ Oct. 7 incursion into Israel and attacks on Israeli forces and civilians. The absence of early warnings from data collected via sensors, cameras, and surveillance drones along the border’s “smart fence,” as well as the penetration of the Iron Dome missile defense system, has led to a sense that Israel experienced a tragic “high-tech failure.”

As China pursues a grand strategy aimed at displacing the US-led global order, technology has emerged as a fourth pillar alongside the political, military, and economic elements of its plans. A test case is the Arabian Gulf. Since the 2010s, China has been strategically enhancing its influence in West Asia, with a particular focus on the Gulf states, leveraging technology as a potent tool. This approach involves the deployment of Chinese software and hardware, coupled with joint technology and cyber initiatives.

The state of Israel and the terrorist group Hamas are engaged in an existential conflict, each threatening the survival of the other, as well as the survival of civilians, both Palestinian and Israeli, caught in-between. The conflict could widen into a regional or even global crisis. For energy markets and the global economy, the risks are considerable and could swerve or accelerate in response to multiple variables.