Wide gap between the Egyptian government’s rosy figures and the economic hardship suffered by millions
For Egyptian officials, June should have been a month to celebrate. And yet none of the seeming macroeconomic successes that the government recorded brought much reassurance to the average Egyptian, who has continued to experience currency shortages, an unreliable energy grid, and fears of a resurgent spike in inflation.
New EU aid and investment in Egypt linked to migration control
On June 29, at an aid and investment conference in Cairo, Egypt and the EU reached a €1 billion investment deal, and over 20 MoUs, collectively worth approximately €40 billion in private investment, were signed on the sidelines. Little mention has been made of migration in the new European agreement with Egypt, but there is little doubt that it is a pivotal factor.
Why Pakistan is looking to Saudi Arabia and the UAE to ramp up investment
Pakistan’s government is pursuing a two-track approach to stabilize the country’s long-troubled economy. It is engaged in lengthy negotiations with the IMF to secure at least $6 billion in loans to shore up its ability to service its external debt. At the same time, Islamabad is also trying to woo its Gulf allies, most notably Saudi Arabia and the UAE, in a bid to diversify its sources of external financing, address the lingering threat of insolvency, and put its economy on an upward trajectory of sustainable growth.
Beyond guns and oil: The emerging soft power rivalry between Iran and Saudi Arabia
A little over a year ago, the icy relations between Iran and Saudi Arabia underwent a remarkable thaw. But beneath this détente, a new front emerged in their longstanding rivalry — one rooted not in geopolitics or religious ideologies but in the realm of soft power and societal aspirations.
The clock is ticking to reset Kuwait’s economic course and reinstate legislature
Kuwait’s emir, Sheikh Mishal Al Ahmad Al Jaber Al Sabah, took his next step in governance without a parliament in place on June 1, when he appointed Sheikh Sabah Khalid Al Sabah as crown prince. Although the timing of the announcement suspending portions of the constitution and dissolving the parliament caught most observers off guard, the emir’s decision was not surprising.
Climate-smart cities in the MENA region: Promise and pitfalls
Around two-thirds of the population in the Middle East and North Africa lives in urban settlements and the region’s population is projected to double by 2050, exposing a growing number of people to intensifying natural and climate hazards. As a result, cities will need to take additional steps to boost climate resilience and advance decarbonization efforts, including through climate-informed urban planning measures like compact, transit-oriented development, urban greening initiatives, and a focus on green buildings. With this in mind, regional governments have recently adopted the concept of “smart cities,” aiming to utilize technology and sustainable practices to address the challenges of urbanization and climate change.
Building a More Resilient Bahrain: An Integrated Approach to Climate Change, Socioeconomic, and Governance Challenges
From extreme heat and drought to dust storms and rising sea levels, the Kingdom of Bahrain is facing the growing impact of climate change, with projections indicating conditions will only get worse in the future. Manama’s vulnerability to the effects of climate change directly intersects with its broader societal and governance issues, necessitating comprehensive climate-resilience strategies to address these interconnected challenges.
Qatar’s LNG expansion plans and the issue of market oversupply
On Feb. 25, 2024, Qatar announced plans to increase its LNG production capacity by a further 16 million tons per annum (mtpa) in 2029-30, bringing the total to 142 mtpa. This would be the third such large-scale expansion of its LNG production within the next six years, but there’s one wrinkle: These new production volumes are set to come online at a time of significant oversupply in the LNG market. What accounts for Qatar’s decision?
On this week’s episode, Jehanne Henry, Mirette Mabrouk, and MEI Editor-In-Chief Alistair Taylor discuss Sudan’s civil war and its regional impact. The conflict began on April 15th, 2023, when fighting broke out in Sudan’s capital of Khartoum between the Sudanese Armed Forces (SAF) under Gen. Abdel Fattah al-Burhan and the paramilitary Rapid Support Forces (RSF) under Mohamed Hamdan Dagalo (known as “Hemedti”). More than a year on, the fighting continues to rage and there seems to be no end in sight to the conflict.
Israel in the Red Sea during the War in Gaza: Strategic insights
In recent months, Israel’s situation in the Red Sea has grown increasingly challenging in the security, economic, and diplomatic spheres. But the country is in a better position to meet these challenges and threats by leveraging the strategic regional partnerships it has developed over the past several years.
