Jean-François Seznec and Samer Mosis, authors of “The Financial Markets of the Arab Gulf: Power, Politics and Money,” join host Alistair Taylor for a deep dive on Saudi Arabia’s financial markets and the challenges facing its economic development.
Saudi Crown Prince Mohammed bin Salman has wrapped up another round of checkbook diplomacy, showering up to $100 billion on Pakistan, India, and China during his visit to the three countries in late February. The trip was important for another reason as well: It showcased a new Saudi strategy of playing a more assertive foreign-policy role far beyond the Middle East.
Although the Gulf is not highlighted on the official map of China’s Belt and Road Initiative, it is one of the main regions where the BRI is being implemented. On the occasion of President Xi Jinping’s speech at the 6th Ministerial Conference of the China-Arab States Cooperation Forum in June 2014, he declared the regional countries as being “natural cooperative partners in jointly building the BRI.” Since then, Chinese state and private firms, banks, and financial institutions have embarked on efforts to advance the BRI in the Gulf, particularly in the energy sector.
Theorizing the future of the Arab Gulf states and the broader Middle East requires a proper assessment of the state of power distribution in the region. Is there a new balance of power emerging in the Middle East, or is the distribution of power heading in a more dangerous direction?
The alliance between Morocco and Saudi Arabia has historically been strong, bolstered by shared concerns about regional turmoil in the aftermath of the 2011 Arab Spring protests, but recent tensions have brought bilateral relations to an all-time low. Last month, frictions between Rabat and Riyadh came to the fore when Morocco recalled its ambassador from Saudi Arabia.
Washington devised the recent Middle East summit in Warsaw in the hope of mobilizing a broad front against Iran. In the end though, it was Israeli Prime Minister Benjamin Netanyahu who reaped the greatest reward.
In this week’s Monday Briefing, contributors Mirette F. Mabrouk, Gerald Feierstein, Marvin G. Weinbaum, Przemysław Osiewicz, Grace Wermenbol, and W. Robert Pearson provide analysis on recent and upcoming events including the EU-Arab League summit, the progress in US-Taliban talks, challenges to Israeli Prime Minister Benjamin Netanyahu’s power, consequences of the Kashmir attack, and Turkey’s next steps in Syria.
The ongoing civil conflict in Yemen is a continuation of a cycle of violence, political upheaval, and institutional collapse, caused by the failure of Yemeni society to address and resolve the popular anger and frustration arising from political marginalization, economic disenfranchisement, and the effects of an extractive, corrupt, rentier state.
Recently, Israeli Prime Minister Benjamin – Netanyahu began a mission to cultivate ties with African nations– through incentives of economic aid and defense technology– in order to strengthen Israel’s position in the international community. Chadian President Idriss Deby’s visit to Jerusalem in January is only one component of a long line of Israel-Africa visits and agreements.
This article highlights how the lesser-known issue of sea level rise makes Arab states increasingly vulnerable to climate change. Using the city of Doha as a case study to highlight how sea level rise represents a critical threat to many Arab coastal cities and a national security challenge to Gulf Arab nations, this article underscores the need for greater anticipation in the region’s urban planning of the risks posed by climate change and sea level rise.
Geopolitically, the Iranian Revolution did more to transform the Middle East than any other event in the second half of the 20th century. It aimed to restructure not only Iran’s society and political system, but also others across the Islamic world. Refusing to align with either the United States or the Soviet Union in the Cold War, the newly established Islamic Republic sought to create a new geopolitical order in the Persian Gulf and greater Middle East based on a mantra of “neither East nor West.”
With more of their geopolitical goals aligning, ties between Riyadh and Moscow are growing closer, and the kingdom plans to invest billions of additional dollars in Russian petroleum and other projects.
After years of ambiguity, Israel is increasingly going public with its strikes on Syria. Retaliatory attacks carried out last week were conducted in broad daylight, and in contrast to prior strikes, the IDF immediately took responsibility for them and announced them in real time on twitter.
Israel is set to hold national elections in early April, and all indications suggest that the contest is Prime Minister Benjamin Netanyahu’s to lose. Current polls indicate that he will form the next government, leading a coalition spearheaded by his Likud Party with 30 seats in the 120-member Knesset.
In this week’s Monday Briefing, MEI experts Ahmad Majidyar, Marvin G. Weinbaum, Randa Slim, Paul Salem, and Guney Yildiz provide analysis on recent and upcoming events including U.S. negotiations with the Taliban in Afghanistan, a warning sent to Israel by Hezbollah leader Hassan Nasrallah, the Sudanese president’s appeal for external support, Turkish-Syrian diplomacy, and Pakistan’s acceptance of Gulf aid.