Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Efforts to reform the Iraqi Kurdish security forces known as the Peshmerga are at serious risk of failing. Tensions between the ruling parties of Iraq’s Kurdistan Region are not new, but the working relationship between the leaders of the Kurdistan Democratic Party and the Patriotic Union of Kurdistan has collapsed over the past year. As a result, officials within the Ministry of Peshmerga Affairs are no longer capable of preventing the politics of partisan self-interest from consuming the reform project. The prospects for the depoliticization and unification of the Peshmerga have rarely seemed more remote.
Syria’s dramatic readmission into the Arab League in May was perceived as a turning point for the country’s fortunes. Although Damascus may have come in from the cold diplomatically, there has been little change on the economic front, where the situation remains dire. Since the start of May, the Syrian pound has lost over 70% of its value and shows no sign of stabilizing.
Forging a deal establishing open, normal bilateral ties between Saudi Arabia and Israel would be a major feat with plenty of potential perils along the way — the diplomatic equivalent of climbing Mount Everest. If done right, the result would be historic and transformative for the Middle East with positive geopolitical repercussions. Here are five factors to watch as the Biden administration continues its efforts to produce a major diplomatic breakthrough in the region.
As a trailblazer in hydrogen diplomacy, Japan is seeking to develop a new pattern of energy interdependence with its longstanding partners, the Gulf Arab states — countries that are promising production bases for and exporters of green hydrogen and ammonia, and whose leaders have come to regard the development of clean hydrogen as an attractive way to diversify their economies.
Although it has fallen off the international news cycle, Baghdad is booming, high on rising oil prices and full, once again, of neo-Abbasid, petroleum-fueled aspirations. Thanks to new anti-money laundering legislation, funds are being funneled not only into hotels and real estate but also into new cultural enterprises. So what does culture in Iraq look like in 2023?
The United States has likely reached a crossroads in its relationship with Saudi Arabia. President Joe Biden can reconcile with Riyadh and use its influence to reshape the Middle East to Washington’s liking and stabilize the global energy markets. Or else the Saudis most probably will tie their fortunes much closer to China, thus complicating America’s top foreign-policy priority.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Since 2015, Yemen’s largest governorate, Hadramawt, has been informally divided between two distinct centers of power with different military loyalties and external backing. The balance of power within the governorate is no longer fixed, however. Changes in Hadramawt’s military, political, and economic dynamics are reshaping power networks in the governorate and beyond, with implications for the conflicting agendas of the Saudis, Emiratis, and Houthis.
For resource-rich countries such as Gulf oil and natural gas producers, sovereign wealth funds have emerged as promising tools to save for future generations, mitigate the effects of outsized economic shocks, and/or be deployed as reserve investment and strategic development funds to spend on human, natural, social, and physical capital.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
A defense treaty in return for Saudi normalization is illusive, but Biden can still seal a historic deal.
The Gulf states emerged from the global pandemic with the wind in their economic sails. But high-profile events like Qatar’s hosting of the FIFA World Cup and the UAE’s World Expo continued to mask two subtle but major weaknesses that have plagued them for decades. Why do Gulf economies lack innovation? And why do they struggle to create private sector employment for nationals?
Saudi leaders have stepped up their plans for developing peaceful nuclear energy, inviting technical bids to the planned construction of two 1.4 gigawatt-electric nuclear reactors and restating the kingdom’s intention to use domestic uranium resources for producing low-enriched uranium as nuclear fuel.