Over the past two decades, Dubai has risen to become a global financial, commercial shipping, aviation, and art hub. These essays examine Dubai’s key role in revitalizing the historic ties between the countries of the Middle East and Asia-Pacific regions.
Like pieces fitting together in a jigsaw puzzle, Arab governments – presumably from the oil-rich Gulf Cooperation Council – offered to finance a U.S. military strike on Syria, according to comments made by Secretary of State John Kerry during testimony September 4 with the House Foreign Affairs Committee. In an exchange with Representative Ileana Ros-Lehtinen (R-FL) on the potential cost of U.S. military action in Syria, Kerry said,
Since the 1970s oil boom, the Gulf region has been one of the principal destinations for workers from South Asia, with the result that today Indians constitute a large percentage of the non-nationals living in the region. Indeed, at five million out of an estimated 15 million people, the Indian community forms the largest expatriate group in each of the Gulf countries. Most Indian immigrants are from the south Indian state of Kerala, while many of the rest originate from Tamil Nadu, Punjab, Uttar Pradesh, and Bihar.
When the young Shaykh Tamim bin Hamad al-Thani became ruler of Qatar last month after his father stepped aside in a seamless transition, one of his first official acts was to seal the generational shift by appointing a new prime minister.
The Arab Awakening: America and the Transformation of the Middle East, by Kenneth Pollack and Daniel Byman et al., 2011
Oman is strategically positioned across the Gulf of Oman from Iran, north of Yemen, and east of Saudi Arabia. It has arguably been able to secure its rapid economic growth—spurred by oil riches—by maintaining neutral, if not friendly, relations with these neighbors, including Iran. Yet while Oman has successfully kept itself neutral, it still inhabits a precarious location. It shares with Iran the Strait of Hormuz, a waterway that Iran has threatened to close due to its charged relations with the GCC countries and the United States, who rely on the Strait to transport oil to world markets.
The Takaful industry has expanded rapidly in recent years.[1] In 2011, the industry recorded 19% higher growth than in the previous year. Takaful is generally regarded as a profitable product with ample growth potential. With strong support from industry players, government institutions and increasing awareness among customers, the Takaful industry is expected to develop further in the coming years.
Asia constitutes the hub of the transformation of global economic power today. The Gulf, itself part of Asia, is of increasing importance in this transformation. This book documents the growing interactions between the economies of the Gulf states and those of the rest of Asia. These relationships are critical to how the world economy develops over the next decade, and how economic (and perhaps strategic) power is distributed.
With the shift in the direction of Gulf Cooperation Council (GCC) countries’ trade from the West to Asia and the emphasis on the “Islamic connection” by Malaysia and many of its Middle Eastern counterparts, Malaysia-GCC economic cooperation appears to be gaining momentum. Malaysia’s strategic location at the center of Southeast Asia and the need for as well as the apparent determination of Malaysia and the GCC countries to diversify their export markets could provide the impetus for this partnership to flourish.
The GRC’s April 2013 Gulf-Asia Bulletin, edited by Noriko Suzuki, contains the following short pieces:
The Asia Cooperation Dialogue’s (ACD) future looks promising. The 11-year-old ACD has taken important steps in becoming a relevant, constructive pan-Asian body with a forward-looking agenda, concrete plans and projects underway, and some noteworthy accomplishments.
Although China and India have been new favorable destinations for Arab investors, Southeast Asian countries offer distinctive and profitable investment markets, featuring high demand and relatively low labor costs. In recent years, investments from the Gulf Cooperation Council (GCC) to the Association of Southeast Asian Nations (ASEAN) have surged.
The Middle East Institute’s 66th Annual Conference
November 13-14, 2012
The Grand Hyatt Hotel
1000 H Street, NW
Washington, DC 20001
Banquet:
Tuesday November 13
Keynote Speaker: Ambassador (Ret.) Ryan C. Crocker
Ryan C. Crocker recently left his post as U.S. ambassador to Afghanistan.
He has also served as U.S. ambassador in Iraq, Pakistan, Syria, Kuwait, and Lebanon.
The Middle East Institute’s 66th Annual Conference
November 13-14, 2012
The Grand Hyatt Hotel
1000 H Street, NW
Washington, DC 20001
Banquet:
Tuesday November 13
Keynote Speaker: Ambassador (Ret.) Ryan C. Crocker
Ryan C. Crocker recently left his post as U.S. ambassador to Afghanistan.
He has also served as U.S. ambassador in Iraq, Pakistan, Syria, Kuwait, and Lebanon.