Research & Commentary Results

The subject of extensive international interest and attention over the past few years, blockchain technology is regarded as a key component of the fourth industrial revolution. This article seeks to shed light on the use of blockchain technology in the Gulf states by analyzing current trends of blockchain adoption in the region compared to those internationally. In so doing, it will determine Gulf institutions’ capacity for keeping pace with the changes and developments blockchain adoption has introduced.

The leaders of the six GCC member states will meet in Riyadh on Dec. 10 amid signs that the 30-month-old confrontation with Qatar by the self-described “Anti-Terror Quartet” is diminishing.

Political analyst Hafsa Halawa and MEI Senior Fellow Alex Vatanka join host Alistair Taylor to discuss the political crisis in Iraq following the resignation of Prime Minister Adel Abdul Mahdi, the protest movements that have rocked both Iraq and Iran, and the impact of Iranian impact in Baghdad on Iraq’s development going forward.

The 12-country Gas Exporting Countries Forum (GECF), which held its latest meeting in Equatorial Guinea on Nov. 28, has never had OPEC’s ability to control energy prices, but that is likely to change as liquefied natural gas (LNG) transforms the gas market from a regional to a global one.  

Faced with rapidly deteriorating public finances, Iranian policymakers had no choice but to reduce gasoline subsidies through a combination of rationing and price hikes. However, the way in which they did so was problematic, especially when they had other, better policy options that would have ensured a more equitable, effective, and efficient outcome.

The protests that began in Iran in mid-November may well have a direct impact on Tehran’s relations with Washington. Initially sparked by the Iranian government’s sudden decision to raise fuel prices, the demonstrations have made clear the country’s fragile socio-economic and political situation.

Tehran’s reaction to the resignation of Iraqi Prime Minister Adel Abdul-Mahdi is one of accepting the seemingly inevitable.

Female entrepreneurs in Iran have to contend with domestic, social, and legal barriers. To overcome the challenges, they are increasingly embracing online business, and many use Instagram as a platform.

Adding to the backdrop of economic mismanagement, corruption, and increasing rates of poverty and inequality, the recent gasoline rationing and price hikes have ignited widespread and violent protests inside Iran. Despite recent changes, the country’s energy subsidy regime remains highly inequitable, ineffective, and inefficient.

Four decades on, echoes of the November 1979 assault on the Grand Mosque in Mecca continue to reverberate. Coming on the heels of the Iranian revolution and days after the Iran hostage-taking, the Mecca attack, carried out by a group of several hundred Saudi extremist Islamists declaring a new Mahdi, shocked the Sunni world and pushed Muslims in a far more conservative direction.

Fears of a large-scale war in the Middle East remain heightened as the U.S. continues ratcheting up sanctions against Iran while Tehran takes measures to scale back its restrictive commitments under the Joint Comprehensive Plan of Action (JCPOA). The latest sign of Iranian retaliation against the U.S. withdrawal from the 2015 nuclear accord was its decision, confirmed by the International Atomic Energy Agency (IAEA) on Nov. 11, to begin refining uranium at its Fordow underground enrichment facility.

Brenda Shaffer (Georgetown University), Anna Borshchevskaya (Washington Institute for Near East Policy), and Alex Vatanka (MEI) join host Alistair Taylor to discuss how the dynamics between Russia and Iran are playing out in the Caucasus, and what it means for the countries of the region.

On the surface the latest protests in Iran appear to be not that different from the previous ones in late 2017 and early 2018. In reality, however, things are quite different this time around, and the Iranian authorities are deeply alarmed.

The Saudi Aramco IPO got started this Sunday morning with shares priced at SAR 30-32 ($8-8.50) each, valuing the company at $1.7 trillion, $300 billion below the original estimate. The lower valuation has been expected for some time by most investment banks and many financial analysts. The proceeds are expected to fund the Public Investment Fund’s forays into non-energy-based companies, advanced technologies, and even robot-filled cities.