Cratering demand for Qatar’s main exports has reduced its income to a fraction of what it was last year, but its nest egg is held in very illiquid assets.
On March 26, 2015, the former Saudi ambassador to the U.S., Adel al-Jubeir, announced the beginning of a Saudi-led military campaign in Yemen to curtail Iran’s influence in the country, reinstate the regime of President Abed Rabbo Mansour Hadi in Sanaa, and deter the Iranian-backed Houthi threat. Five years on, however, the objectives of Operation Decisive Storm are far from realized, and the situation on the ground is as volatile as ever.
Saudi Arabia declared a price war against Russia in early March to prove a point: that it can offer an unprecedented supply of 12.3 million barrels per day (bpd), way above the record 11 million bpd it reached in November 2018, and expand its market share at the expense of Moscow. As the coronavirus pandemic brings the world to a standstill, the question is how long it can sustain this war.
MEI’s Paul Salem, Khaled Elgindy, and Fatima Abo Alasrar join host Alistair Taylor to discuss the coronavirus pandemic’s impact on the Middle East as nations scramble to contain the spread of COVID-19 and the massive humanitarian and economic toll it could take on already vulnerable populations.
11 scholars and experts from across MEI weigh in with the latest on how the coronavirus pandemic is affecting the Middle East.
By keeping the focus on Saudi Arabia, the UAE, and the U.S., and covering up Iran’s failure in dealing with the pandemic, the Houthis are trying to absolve themselves and their patrons of responsibility.
From Morocco to Afghanistan, the scholars and experts at MEI take a closer look at how the COVID-19 coronavirus pandemic is affecting the Middle East.
Just a week after Houthi rebels took control of al-Hazm, the capital of al-Jawf Province, on March 1, UN Special Envoy for Yemen Martin Griffiths paid an unprecedented, one-day visit to the Houthis’ likely next target, oil-and-gas-rich Marib, reiterating the urgent need for de-escalation.
Yasmine Farouk and Jean-Francois Seznec join guest host Gerald Feierstein to discuss the past week’s political and economic drama in Saudi Arabia following the detainment of several members of the Saudi royal family and the nation’s launch of an oil price war with Russia, which triggered a massive drop in global oil prices.
On Feb. 12, the director of Russia’s Foreign Intelligence Service, Sergei Naryshkin, made an official visit to Oman. During his trip to Muscat, Naryshkin engaged with senior Omani officials on strategies to de-escalate tensions in the Persian Gulf, counterterrorism cooperation, and approaches to conflict resolution in Syria and Yemen.
Sports diplomacy is the deliberate, strategic use of sporting events by states to create a favorable international image — the “continuation of policy by other means,” whereby sports, nationalism, commerce, and diplomacy are inextricably linked.
Doubts about Saudi Arabia’s internal stability could not come at a worse moment.
On March 1, the Iran-backed Houthis took control of the city of al-Hazm, the capital of al-Jawf Province, after weeks of fierce clashes with local tribes and Yemeni government forces. Incompetence, lack of unified leadership, and the absence of a military strategy by the Yemeni government and the Saudi-led coalition have played into the hands of the Houthis.
On Feb. 9, 2020, after five years of involvement in Yemen’s civil war as part of the Saudi-led coalition, the UAE’s leadership celebrated the completion of its phased military withdrawal from the country in a ceremony at Zayed Military City. Although the UAE’s withdrawal has provided an exit strategy from the stalemate in Yemen, it neither suspends Abu Dhabi’s role in the coalition nor curtails Emirati influence on the ground.
Now that all of the implementation deadlines have come and gone, where do things stand with the Riyadh Agreement, signed in late 2019 by Yemen’s Hadi government and the Southern Transitional Council?