This Thursday, a postponed virtual meeting of “OPEC+ and Friends” will determine the level and seriousness of participation in a global oil pact.
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.
The Sinai-based Multinational Force & Observers (MFO) will soon celebrate its 41st anniversary. Like most of what the MFO does, recognition will be low key and understated. The MFO has always operated under the radar, but this may soon be changing.
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.
COVID-19 has disrupted both supply and demand around the world. Egypt is not immune to the recessionary trends caused by the sudden halt in supply chains and the sharp decline in demand, domestically and globally, resulting from the rapid spread of the virus.
No part of the world will emerge unscathed from the fallout of the coronavirus pandemic of 2020. Just because China and Italy were the first to be severely hit, does not imply, that when all is said and done, that they will have sustained the brunt of the damage. North Africa is a region dependent on global commodities prices, tourism, and political and monetary support from Europe and the Gulf, where regime brittleness, youth unemployment, and Islamic radicalism all intersect.
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.
The most populous country in the Arab world, with 100 million people straining its seams, Egypt has weaknesses that make it susceptible to a serious outbreak of COVID-19.
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.