Research & Commentary Results

When Russia launched its full-scale invasion of Ukraine in late February 2022, it prompted the Central Asian states, and others, to reconsider Iran’s potential role as a transit country. In a little more than two years, Central Asia’s view of Iran has changed from international pariah to key link in lucrative trade routes.

On June 29, at an aid and investment conference in Cairo, Egypt and the EU reached a €1 billion investment deal, and over 20 MoUs, collectively worth approximately €40 billion in private investment, were signed on the sidelines. Little mention has been made of migration in the new European agreement with Egypt, but there is little doubt that it is a pivotal factor.

Pakistan’s government is pursuing a two-track approach to stabilize the country’s long-troubled economy. It is engaged in lengthy negotiations with the IMF to secure at least $6 billion in loans to shore up its ability to service its external debt. At the same time, Islamabad is also trying to woo its Gulf allies, most notably Saudi Arabia and the UAE, in a bid to diversify its sources of external financing, address the lingering threat of insolvency, and put its economy on an upward trajectory of sustainable growth.

The most defining aspect of the Sino-Turkish relationship is the need for Turkey to find economic or geopolitical leverage to attain some semblance of equality with China. During Turkish Foreign Minister Hakan Fidan’s recent visit to Beijing, his subtle references to the Turkic and Islamic credentials of Xinjiang may have gotten lost in translation for the Chinese.

A little over a year ago, the icy relations between Iran and Saudi Arabia underwent a remarkable thaw. But beneath this détente, a new front emerged in their longstanding rivalry — one rooted not in geopolitics or religious ideologies but in the realm of soft power and societal aspirations.

Kuwait’s emir, Sheikh Mishal Al Ahmad Al Jaber Al Sabah, took his next step in governance without a parliament in place on June 1, when he appointed Sheikh Sabah Khalid Al Sabah as crown prince. Although the timing of the announcement suspending portions of the constitution and dissolving the parliament caught most observers off guard, the emir’s decision was not surprising.

Corruption in Iran is strategic and a key element of the current political order. It serves as an instrument of national strategy and an essential component of governance within the Islamic Republic.

On Feb. 25, 2024, Qatar announced plans to increase its LNG production capacity by a further 16 million tons per annum (mtpa) in 2029-30, bringing the total to 142 mtpa. This would be the third such large-scale expansion of its LNG production within the next six years, but there’s one wrinkle: These new production volumes are set to come online at a time of significant oversupply in the LNG market. What accounts for Qatar’s decision?

Strategically located at the mouth of the Strait of Hormuz on the Arabian Sea, Gwadar, once a derelict port, was revitalized as part of the broader development of China-Pakistan Economic Corridor (CPEC) and declared fully operational in 2021. Can a renewed focus on the Gwadar port and the socio-economic and security situation of the surrounding region help Islamabad and Beijing rescue CPEC from failure?

In recent months, Israel’s situation in the Red Sea has grown increasingly challenging in the security, economic, and diplomatic spheres. But the country is in a better position to meet these challenges and threats by leveraging the strategic regional partnerships it has developed over the past several years.

As the world faces unprecedented challenges, from climate crises to migration pressures, the need for concerted action to address financing for development has never been more urgent. Against a backdrop of resource constraints, geopolitical shifts, and faltering progress on the UN Sustainable Development Goals, it is imperative to chart a course of action that is both pragmatic and visionary. This piece outlines 10 actionable measures to tackle these multifaceted challenges and pave the way for a more sustainable and equitable future.

On April 21, the US House of Representatives passed the long-awaited aid package for Israel, Ukraine, and Taiwan. The legislation contained another long-sought-after measure: authority for the US government to tighten restrictions on Iran’s oil exports. But in truth, aggressive US action remains unlikely and there are powerful operational, strategic, and political barriers preventing the US from shutting down Iran’s oil trade or hindering it in a material way.

Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.

Though Tehran continues to engage the government in Kabul in a pragmatic fashion, Iran and the Taliban are not traditional friends or allies; they share an uneasy relationship. There is a sectarian angle to their differences and a long-standing dispute over water resources. Yet Iran has sought to normalize relations due to broader geopolitical considerations, security concerns, and perceived economic opportunities.

Tunisian President Kais Saied appears to be constructing a new economic strategy. While he has previously outlined his priorities with broad strokes, like fighting corruption and defending sovereignty, he has recently begun to add greater detail, adopting a personalized approach that appears to be attempting to bypass the existing corporatist structures.