Research & Commentary Results

Turkey has completed the next-to-last piece of the 2,000-mile Southern Gas Corridor, a three-pipeline network that will send gas from Azerbaijan’s huge Shah Deniz field via Georgia and Turkey to Western Europe.

It was such a big deal that Turkish President Recep Tayyip Erdogan, Azerbaijani President Ilham Aliyev, and Georgian Prime Minister Giorgi Gakharia presided at the ribbon-cutting on Nov. 30. They were celebrating the completion of the pipeline that is the middle link in the Southern Gas Corridor: the Trans-Anatolian Natural Gas Pipeline (TANAP), which traverses Turkey.

The subject of extensive international interest and attention over the past few years, blockchain technology is regarded as a key component of the fourth industrial revolution. This article seeks to shed light on the use of blockchain technology in the Gulf states by analyzing current trends of blockchain adoption in the region compared to those internationally. In so doing, it will determine Gulf institutions’ capacity for keeping pace with the changes and developments blockchain adoption has introduced.

Faced with rapidly deteriorating public finances, Iranian policymakers had no choice but to reduce gasoline subsidies through a combination of rationing and price hikes. However, the way in which they did so was problematic, especially when they had other, better policy options that would have ensured a more equitable, effective, and efficient outcome.

Although 350 Iraqis have died to date and close to 16,000 have been wounded, protesters are not going home. Yet, most of the ruling clique is still rejecting the idea of forcing the prime minister to resign.

Since early October, the southern provinces of Iraq have been consumed by protests and strikes. While ruthlessly attempting to suppress protests, the Iraqi government has promised legal and political reforms. Yet some of the Kurdistan Region-Iraq’s elites are suspicious that the government’s reform agenda is a “conspiracy” against Kurdish entitlements masquerading as a good faith effort to placate the protestors. The region’s hegemonic parties are concerned that legal, constitutional, and procedural reforms may overhaul the institutions that guarantee their positions of influence in the federal government and secure their territorial claims.

The Saudi Aramco IPO got started this Sunday morning with shares priced at SAR 30-32 ($8-8.50) each, valuing the company at $1.7 trillion, $300 billion below the original estimate. The lower valuation has been expected for some time by most investment banks and many financial analysts. The proceeds are expected to fund the Public Investment Fund’s forays into non-energy-based companies, advanced technologies, and even robot-filled cities.

MEI’s Paul Salem and Randa Slim join host Alistair Taylor to discuss the nationwide protests that have swept through Lebanon and Iraq this week resulting in political and economic turmoil as well as crackdowns by security forces. Where do things go from here?

The FII’s public relations bash is important in that it shows the world that the leadership of the kingdom has an ambitious and real vision to move the country forward.

On Sept. 25, Lebanese President Michel Aoun told the UN General Assembly that Lebanon is prepared to welcome any country’s help in demarcating its land and maritime borders. He was referring to Lebanon’s decades-old border dispute with Israel, the resolution of which has become increasingly important as the country inches closer toward its first oil and gas drilling operations later this year.

Putin’s visit to Saudi Arabia and the UAE takes place as the U.S. position in the Middle East collapses in the face of a series of misjudgments and “own-goals” by the Trump administration.

“We reached a level of injustice we could no longer take. For every action, there is a reaction,” explained one civil society activist following the Oct. 1 outbreak of protests in Baghdad and central and southern Iraq.

President Vladimir Putin heads to Riyadh to try to pry loose multi-billion-dollar investments that Saudi Arabia has pledged to Russia but failed to deliver on. Putin also hopes to persuade the kingdom to increase two-way trade.

For now, both Najaf and Tehran seemed to have a convergence of interests on preserving the post-2003 political order.

MEI President Paul Salem and Senior Fellow Ross Harrison join host Alistair Taylor to discuss the underlying causes of the numerous civil conflicts engulfing the Middle East, the regional and global dynamics that complicate them, and potential policy responses.

MEI’s new book, Escaping the Conflict Trap: Toward Ending Civil Wars in the Middle East, co-edited by Salem and Harrison, is now available in paperback or for Kindle.

Saudi Arabia surprised the global oil and gas industry earlier this month by reshuffling its top two energy positions. Long-serving technocrat Khalid al-Falih was ousted as chair of Saudi Aramco one day and as head of the Ministry of Energy the next.