Egypt is currently the fastest-growing Arab exporter of liquefied natural gas (LNG), according to a report released by the Organization of Arab Petroleum Exporting Countries on Aug. 16. The report showed that Egypt exported around 1.4 million tons of LNG in the second quarter of 2021, having not exported any LNG during the same period in 2020.
Courting danger, Erdoğan ramps up reliance on China
China’s recent multi-sectoral engagements in Turkey suggest that the Black Sea region’s significance is on the rise in Beijing, and under President Erdoğan, Turkey has consistently sought its favor and investment.
The return of the pharaohs: The rise of Egypt’s civilization-state
After decades of soul searching to define itself as a state, Egypt is building its own civilization-state and seeks to join an emerging club of nations that center historical and cultural tradition in their policy and governance structures and reject the West’s cultural dominance. The civilization-state is the prism through which Western capitals should view and understand Egypt’s domestic and foreign policy moves.
East Med gas needs clean tech and regional integration to support investment case
The viability of Eastern Mediterranean natural gas resources has long been a source of debate for reasons including cost considerations, market demand, and regional geopolitical tensions. The past couple of years have further complicated the debate, introducing new questions about the role of these resources in supporting post-pandemic economic recovery or helping more advanced markets achieve net-zero policies by replacing coal and other fuel sources (a particularly relevant topic of debate given Europe and Asia are key export targets for East Med gas).
Lebanon’s power crisis is on the agenda, as Arab Gas Pipeline quartet prepares to meet in Amman
These developments come against the backdrop of multiple U.S. hints that Washington is potentially willing to circumvent sanctioning the participating parties under the Caesar Act.
Just before visiting Turkish-occupied Northern Cyprus in late July, Turkish President Recep Tayyip Erdoğan gave Serbia an unpleasant surprise. He announced that Turkey would lobby to increase the number of countries that recognized independent Kosovo. Erdoğan stated on July 19, “Now 114 countries recognize Kosovo, and we want that number to increase. We hope that this year at the United Nations General Assembly, at the meeting I will have with [U.S. President Joe] Biden, we will discuss this topic again, that we will work together on the recognition of Kosovo.”
Building a Closer Black Sea: Promoting Trade and Economic Interdependence
While the Black Sea has historically been an area of significant geostrategic importance, this has not made it a vibrant zone of commerce, transport, energy, tourism, or cultural exchange. Rather, it has become a theater of struggle for dominance and competing geopolitical and geo-economic interests. This situation has been exacerbated by conflict between Russia and countries in the region, like Ukraine and Georgia, that have sought closer ties with the West and aspire to NATO membership and EU integration. These developments have dire consequences for regional security and stability, disrupting political and economic ties in the area and beyond. A long-term solution to the region’s security issues could be based on intensifying trade relations and increasing economic interdependence between the states. This paper identifies major barriers to closer regional trade and economic cooperation and outlines ways to overcome them.
Egypt needs a more inclusive approach to subsidy reform
Speaking at a public event earlier this month, Egyptian President Abdel-Fattah el-Sisi made the surprise announcement that the next step in the country’s economic reform agenda will include the removal of bread subsidies. He becomes the latest in a long line of presidents to target the bread subsidies that provide cheap sustenance to a country of (now) over 100 million people at a huge cost to the state, although none of his predecessors ever successfully managed to remove or significantly reduce them.
إسرائيل ومصر تتصدران توقعات النمو في الشرق الأوسط وشمال إفريقيا: قصة استراتيجيتين متباينتين
الدولتان في الشرق الأوسط اللتان تتمتعان بأعلى توقعات نمو لعام 2022 هما إسرائيل ومصر. وتقدر مؤسسة فيتش سوليوشنز أن الناتج المحلي الإجمالي على مستوى منطقة الشرق الأوسط وشمال إفريقيا سينمو بنسبة 3.6% في عام 2021، بعد انكماش بنسبة 4% في عام 2020. هنا نجد أن مصر وإسرائيل هما الدولتان الوحيدتان في المنطقة اللتان يُتوقع نمو اقتصادهما بما يتجاوز حجم مستويات ما قبل كوفيد-19.
Preparing for advancements in Russian warfare in the Black Sea region
Suddenly and seemingly without warning, Russian forces amassed in Crimea and near the Ukrainian border in April 2021. Heavy armor, long-range missiles and artillery, modern air forces, and elite airborne infantry units deployed into positions that raised alarm in Ukraine and throughout Europe. The situation today appears stable, but reports of new and upgraded hardware, including unmanned vehicles, demand a fresh evaluation of the Russian way of war.
