Obstacles and opportunities for closer Iranian-Chinese economic cooperation
Despite a substantial growth in trade between China and Iran, especially when it comes to Chinese exports to Iran and purchases of Iranian oil, the same cannot be said for Beijing’s investments in the Iranian economy, which have remained anemic, particularly in the critical energy sector.
Egyptian Engineers’ Syndicate vote sends another warning to government
For the second time in three months, Egyptians have expressed their dissatisfaction — albeit largely symbolically and on a limited scale — with the government’s tight control over nearly all public freedoms. The Engineers’ Syndicate’s vote against a government-selected candidate to head the organization may be pointing to growing public dissatisfaction with the authorities’ policies, both on the economic and political fronts.
Measure, verify, certify: How to future-proof Gulf companies in the energy transition
Several Gulf states have introduced renewable energy certificates into their low-carbon energy eco-system. What are RECs and how can they help companies navigate the energy transition?
Turkey’s new economic team may take a more hawkish tone when it comes to tackling inflation and preserving financial stability through fiscal and monetary measures. However, investors and policymakers should not be naïve, as this approach will only be temporary or partial, aimed at winning the upcoming local elections.
Iran and the GCC connectivity agenda: Implication for Washington’s Iran policy
The prevailing political spirit in the Gulf region is presently one of de-escalation. In the case of the UAE and Iran, a number of existing connections could help hasten the process of de-escalation and enable it to happen faster than anywhere else in the region.The outcome should be of interest not only to the UAE and Iran but also to the U.S. given the latter’s long-standing efforts to shape Iranian policies.
Amid calls for refugee returns, Assad’s property grab continues
While calls for the immediate return of Syrian refugees have increased at the regional and international levels, it is imperative to closely examine the direct link between the regime’s policy of property confiscation and the possibility of refugee returns. Property confiscation does not only impact the direct owners and their immediate families’ livelihoods but also hinders the ability of thousands of displaced Syrians to return while leading those who still reside under regime rule to consider migration.
Beijing to Baghdad: China’s growing role in Iraq’s energy sector
Chinese companies are well positioned to participate in Iraq’s efforts to expand its oil production capacity and develop domestic gas supplies, as they are actively engaged in various energy-related undertakings throughout the country. However, if indeed China’s strategy is, as some have suggested, to become the dominant player in Iraq’s economy, achieving that objective will likely prove difficult given Iraq’s challenging operating environment and contentious politics.
Putting Diplomacy First in the Middle East: Creating Incentives for De-Escalation
The Middle East is undergoing a historic transformation with unprecedented opportunities to build new relationships, de-escalate tensions, and foster conditions for stronger integration. At the same time, the region remains on edge because of ongoing tensions in Yemen, Syria, Iraq, and other conflict zones, a civil war that broke out recently in Sudan, along with the overarching challenges presented by fraught relations between Iran, Israel, and several Arab Gulf countries — with the longer-term implications of the still-fragile Iranian-Saudi rapprochement yet to be fully assessed.
The Slowing Down of Israel-Arab Relations Under the Netanyahu Government
Dynamics between Israel and the Arab world have taken a turn for the worse in the first few months of the new Israeli government. The positive momentum in Israel-Arab relations, which Prime Minister Netanyahu himself was key in generating through the signing of the Abraham Accords and which picked up pace during the Bennett-Lapid government that followed, has slowed down. Only limited progress may be feasible under the current government, but conditions for positive change do exist and include marginalizing Israeli extremists, avoiding a flare-up with the Palestinians, reducing the domestic turmoil in Israel, and ensuring the effective involvement of the U.S. and the EU.
War as a catalyst for greater Black Sea-Gulf interconnectivity
Russia’s full-scale invasion of Ukraine has destabilized and distressed the entire Black Sea neighborhood. Yet despite the war, or perhaps because of it, strategically important foreign direct investments into Black Sea littoral countries, including from the Gulf, have endured or even grown.
To analyze the crossroads Turkey faces in the 2023 elections, it could prove useful to “look back from the alternative futures” and explore how the possible outcomes might play out. What could it look like if we look back from 2030 to another victory by Erdoğan? And how might have the last seven years played out had the opposition won?
In the past few years, Jordan’s public debt has become a major policy concern for the government, the international community, and key donors that support Amman. The public debt has risen significantly over the past 15 years, raising many questions about Jordan’s future macroeconomic stability, public debt sustainability, and the government’s ability to finance development projects.
