A sharp rise in inflation forces Egyptians to cut expenses
While the holy month of Ramadan is known for increased food consumption in Egypt and other Muslim-majority countries, Elham Mohamed, 40, a government employee, said it was very difficult for her just to make ends meet this year. “I had to give up many of the items I usually buy during Ramadan,” she said. “Prices have gone crazy. Even the basics, such as bread, rice, sugar, flour, eggs, and cooking oil, have all gone up,” she added.
The Biden administration promises US LNG for Europe. How does that work?
On March 25, 2022, President Joe Biden announced an agreement committing the U.S. LNG industry to supply an additional 15 bcm of LNG to Europe through the remainder of the year. The agreement also envisions U.S. LNG increasing supply to Europe to 50 bcm through 2030, equating to approximately one-third of the EU’s gas imports from Russia in 2021.
Amb. Gerald Feierstein, Bilal Saab, and Karen Young join guest host Brian Katulis to discuss their recent MEI policy paper, US-Gulf Relations at the Crossroads: Time for a Recalibration, and why they believe now is not the time to disengage from the region.
Iran-Africa relations under Raisi: Salvaging ties with the continent
Since the beginning of his presidency, Raisi has called for increasing cooperation with Africa. Contrary to popular perception, this is not part of a hegemonic project to further expand Iranian influence in Africa. Rather, it constitutes an effort to reset relations with the continent after his predecessor spent eight years neglecting it.
Understanding Algerian unemployment policies beyond rent redistribution
In February 2022, Algerian President Abdelmadjid Tebboune announced a new unemployment benefit for first-time jobseekers aged 19 to 40. On March 28, 580,000 young Algerians received their first $90 monthly payment. Though many young people have rushed to the offices of the National Employment Agency (ANEM) to register for the new benefit, potential problems have already cropped up.
Saudi Arabia’s international natural gas aspirations
Saudi Aramco seeks to enter the global gas business again. The company aims to build new business opportunities in the hydrogen and CCS sectors utilizing forecasted new domestic gas production. Its main challenges are long-term consistent commodity-cycle-insulated investment and domestic gas resources.
US-Gulf Relations at the Crossroads: Time for a Recalibration
The global response to Russia’s invasion of Ukraine has focused new attention on friction between the United States and its traditional partners in the Gulf and reinforced skepticism regarding the United States’ status as the dominant international partner in the region. It’s time for both sides to identify a realistic way forward that sheds outdated notions of mutual obligation without becoming merely transactional.
How Biden can rebuild U.S. ties with the Gulf states
As tensions between the United States and the Gulf monarchies have been laid bare in recent weeks against the backdrop of Russia’s war in Ukraine, spiraling energy prices, and Houthi attacks on Saudi and Emirati territory, it’s clear that there will not be a return to the U.S.-Gulf partnership of the past—but there can be a new understanding between the two sides.
Iraq has refrained from taking a firm position on the war and political opinion on Russia’s conduct is divided along partisan and factional lines. The imposition of sanctions against Russia has complicated its energy investments in Iraq and prospective arms purchases from Moscow and could have a long-lasting adverse impact on the Iraqi economy.
Gulf oil producers feel vindicated, but don’t expect them to turn on Russia
The war in Ukraine has brought back to the forefront the conversation about the need for new investments in oil and gas for the foreseeable future. As the calls multiply for Gulf producers to step in and fill the gap in gas and oil supplies as Russia faces sanctions, producers now feel vindicated after being shunned, and even targeted, at the COP26 in Glasgow last year.
The Russia-Ukraine war might finally bring about a rise in Egypt’s bread prices
As the price of wheat has shot up following the Russian invasion of Ukraine, so too has the cost of Egypt’s bread subsidies, raising questions over their sustainability and potentially opening the door for an increase in the price of subsidized bread for the first time in decades.
How will the war in Ukraine affect EU-MENA relations?
While most analyses of the war in Ukraine have tended to focus on the intra-European dimension, it is worth exploring the potential consequences of this conflict for the EU’s relations with countries further afield, especially those in the Middle East and North Africa.
على مدى العقد الماضي، أحرز المغرب تقدمًا كبيرًا على مستوى مؤشر ممارسة الأعمال العالمي (دوين بيزنس)، حيث قفز من المرتبة 130 في عام 2009 إلى المرتبة 53 في عام 2020. رغم تلك الإصلاحات، لم يؤدي تحسن ترتيب المغرب على مستوى مؤشر مناخ الأعمال إلى تحسن اقتصادي كبير.
The Ukraine war has upended Turkey’s plans to stabilize the economy
The war in Ukraine couldn’t have come at a worse time for the Turkish economy. Amid the country’s ongoing economic crisis, the government has been implementing extraordinary and unconventional monetary and fiscal policies.
