Skip to Content

Economics

The India-Middle East-Europe Economic Corridor
  • Backgrounder
  • The India-Middle East-Europe Economic Corridor

    The India-Middle East-Europe Economic Corridor (IMEC) is a proposed multinational infrastructure initiative aimed at upgrading connectivity between the three regions through integrated trade, energy, and digital networks. Announced at the G20 summit in New Delhi in September 2023, IMEC is envisioned partially as a counterweight to China’s international infrastructure project, the Belt and Road Initiative.

    June 3, 2026

    Syria’s New Investment Law and the Return of State-Mediated Market Access
  • Analysis
  • Syria’s New Investment Law and the Return of State-Mediated Market Access

    As Syria moves toward reconstruction, the country’s new authorities have already made a consequential decision about who will control the postwar economy. Last June, President Ahmed al-Sharaa enacted Investment Law 114 by presidential decree, granting sweeping and permanent concessions to investors. Yet rather than make those incentives broadly accessible, the law preserves the country’s longstanding model of state-mediated market access.

    May 21, 2026

    MENA Energy Recap, Q1-2026: Four Lessons From the Return of Tail Risk
    Photo by Elke Scholiers/Getty Images
  • Report
  • MENA Energy Recap, Q1-2026: Four Lessons From the Return of Tail Risk

    This is a special edition of the MENA Energy Recap — a quarterly review of key energy developments that took place in the region from January through March of 2026 and what they signal in the months ahead. For Q1-26, the recap considers some of the long-term implications of the ongoing war in the region, which have caused the largest energy supply disruption in history, and what lessons these events hold for both near- and long-term energy dynamics in both the Middle East and the wider world.

    Filter by
    750 Results
    Roadmap for America’s Leadership in AI Action Plan
    Photo by Lionel Bonaventure/AFP via Getty Images
  • Analysis
  • Roadmap for America’s Leadership in AI Action Plan

    In response to the request for information (RFI) from the National Science Foundation (NSF) and the Office of Science and Technology Policy (OSTP) regarding the “Development of an Artificial Intelligence Action Plan” in support of the objectives set forth in Executive Order (EO) 14179, the Middle East Institute (MEI) offers five recommendations to solidify the United States’ position as the global leader in AI innovation while addressing critical ethical, regulatory, and infrastructural imperatives.

    Baghdad revisited: Iraq balances on a tightrope
    Photo by AHMAD AL-RUBAYE/AFP via Getty Images
  • Commentary
  • Baghdad revisited: Iraq balances on a tightrope

    Reflections on a recent visit to Baghdad. Much has changed and ordinary life has resumed in Iraq’s capital, but deep challenges remain.

    March 18, 2025

    Return to "maximum pressure": Opportunities and challenges
    Photo by Ali Mohammadi/Bloomberg via Getty Images
  • Analysis
  • Return to "maximum pressure": Opportunities and challenges

    With the signing of a presidential memorandum on Feb. 4, the administration of Donald Trump has returned to a “maximum pressure” campaign against Iran, but circumstances have changed drastically since the policy of intensified sanctions was originally crafted during his first term. Regional geopolitics will present the White House with a new set of variables, while changes in the petroleum markets will affect how the administration approaches sanctions on oil exports.

    Impact of the Russo-Ukrainian war on energy flows from the Arab Gulf states
    Photo by AFP via Getty Images
  • Analysis
  • Impact of the Russo-Ukrainian war on energy flows from the Arab Gulf states

    Nearly three years on, Russia’s full-scale invasion of Ukraine in February 2022 has reshaped trade and investment in the energy sector, leading to an increase in Gulf imports of Russian oil and a sharp rise in the region’s hydrocarbon exports to Europe as well as further fueling the growth of Gulf investment in renewable energy projects located in and targeting the continent.

    Governing the day after in Syria
    Photo by Ali Haj Suleiman/Getty Images
  • Analysis
  • Governing the day after in Syria

    On Dec. 8, 2024, Bashar al-Assad’s regime fell. This is a fact, but it woefully understates the enormity, speed, and consequences of what has transpired. The brutal dictatorship that ruled Syria for more than 50 years disintegrated in fewer than 10 days. Celebrations erupted across public squares, thousands of Syrian refugees lined up at the borders of Turkey, Jordan, and Lebanon eager to return, and the release of political prisoners fueled hope for a new era after decades of despotism and conflict. However, concerns about Syria’s political future and territorial integrity quickly surfaced.

    Mapping MENA’s Renewable Energy Supply Chains: The Emergence of Green Energy Ecosystems in the Middle East and North Africa
    Photo by Leonhard Simon/Getty Images
  • Analysis
  • Mapping MENA’s Renewable Energy Supply Chains: The Emergence of Green Energy Ecosystems in the Middle East and North Africa

    The Middle East and North Africa has the potential to become the world’s largest renewable energy-producing region. Compared to the immense scale of its resources, renewable energy is virtually untapped at present. This study maps the emerging regional trends in renewable energy development and MENA renewable energy supply chains across North Africa, the Arabian Peninsula, and the Levant. The most successful MENA nations in developing their renewable energy resources to date are doing so through the establishment of green energy ecosystems, in which the development of utility-scale renewable energy infrastructure is coordinated with that of robust offtake markets and the establishment of commercially viable storage and transportation mechanisms to service them.

    Renewable Energy and Morocco’s New Green Industries Can Expand Women and Youth Employment through Sustainable Development
    A Moroccan flag flies next to a wind turbine on June 28, 2010, at a wind farm near Tangiers shortly after its inauguration by Moroccan King Mohammed VI. Photo by ABDELHAK SENNA/AFP via Getty Images.
  • Analysis
  • Renewable Energy and Morocco’s New Green Industries Can Expand Women and Youth Employment through Sustainable Development

    Morocco is a regional leader in renewable energy development. The country’s success stems from its multi-faceted green energy ecosystem that is giving rise to international renewable energy export supply chains based on production of green hydrogen, in the form of green am-monia, as well as phosphates, other minerals and metals, fertilizers, agri-food products, and electric vehicles. As rising green industrial manufacturing and green agricultural production are becoming drivers of long-term, private sector employment, a synergy is emerging between Mo-rocco’s efforts to expand its already significant renewable energy sector and its objective of in-creasing the number of women and young people engaged in formal employment.

    MENA’s Emergence as a Hub for Renewable Energy Supply Chains
    Main photo: Aluminium from Dubai produced using solar energy at the opening of a new electric car motor housing production line at the BMW Landshut factory on October 25, 2024 in Ergolding, Germany. Photo by Leonhard Simon/Getty Images.
  • Analysis
  • MENA’s Emergence as a Hub for Renewable Energy Supply Chains

    Within the next 25 years, the Middle East and North Africa will be a global leader in renewable energy production and a hub for international renewable energy supply chains. Morocco, the UAE, and Jordan are spearheading the regional trend to develop green energy ecosystems in which renewable energy is used, in part or entirely, to power the manufacture of intermediate and finished goods for export.

    Accelerating Solar Power Deployment in the Arab Gulf States
    Photo by Christopher Pike/ Bloomberg via Getty Images.
  • Analysis
  • Accelerating Solar Power Deployment in the Arab Gulf States

    There is currently a discrepancy between the strategic objectives and enabling conditions for solar power in the Gulf and the level of actual deployment. Despite the region’s considerable promise as a potential global leaders in solar power, including one of the world’s highest levels of solar irradiance and strong supporting operating conditions, renewable power accounted for only 2% of generation capacity in 2022.

    Solar Power in the Gulf: Leaders and Laggards in Regulatory Support for Solar Power Deployment
    Photographer: Christopher Pike/Bloomberg
  • Analysis
  • Solar Power in the Gulf: Leaders and Laggards in Regulatory Support for Solar Power Deployment

    The hydrocarbon-rich Gulf states are located in the heart of the global sunbelt, endowing them with some of the greatest solar resources in the world. Peak load hours in these countries also align well with daily and seasonal solar radiation levels. Nevertheless, actual deployment of renewable power, including solar, is among the lowest in the world, even though output has increased significantly over the past five years. This paper analyzes why solar power has seen some success in a few states, while in others there has been little momentum.

    The Outlook for Energy Demand Growth in the Middle East and North Africa: Regional Supply as a Critical Driver of Demand
    Photo by Christopher Pike/Bloomberg via Getty Images
  • Report
  • The Outlook for Energy Demand Growth in the Middle East and North Africa: Regional Supply as a Critical Driver of Demand

    The Middle East and North Africa is typically viewed from afar as a region of major energy exporters rather than consumers. Consumption patterns vary significantly within the region itself, but a variety of factors warrant giving its energy demand much closer attention than it generally receives on an international level. The range of factors that will determine the changes in demand from every country in the region, each with their respective intricacies, are far too numerous to examine in the space of this study. However, many of the key drivers that are expected to have a broad impact on shaping the evolution of regional demand to the end of the current decade deserve critical review.

    The Outlook for Energy Demand Growth in the MENA Region
    Photo by Christopher Pike/Bloomberg via Getty Images.
  • Report
  • The Outlook for Energy Demand Growth in the MENA Region

    The MENA region is set to experience substantial growth in demand for energy during the remaining years of the present decade. Factors driving this growth vary enormously by sub-region and individual country, but there are broad similarities in the forms of both primary and final energy demand growth that are expected to materialize by 2030.

    Persian Gulf-Black Sea corridor: A new era for Iran-Europe trade or just another risk?
    Photo by Fatemeh Bahrami/Anadolu Agency/Getty Images
  • Analysis
  • Persian Gulf-Black Sea corridor: A new era for Iran-Europe trade or just another risk?

    The Persian Gulf-Black Sea International Transport and Transit Corridor, which Tehran proposed eight years ago, remains relevant today in the context of strategic competition, as it offers Iran and participating countries an alternative trade route that bypasses traditional Western-dominated shipping lanes, potentially reshaping regional economic dynamics and geopolitical influence.

    November 25, 2024

    Read the Middle East Journal

    The oldest peer-reviewed publication dedicated to the study of the modern Middle East, MEI’s flagship journal covers politics, society, and culture in the region.