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.
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.
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.
Egypt’s Economy: Missed Opportunities and Flawed Priorities
For the past several decades, successive Egyptian governments have practised the economic equivalent of riding a skateboard without a helmet; risky but manageable in the short run as long as one doesn’t encounter any obstacles. However, the inevitable has happened. Egypt’s economy smashed into not one, but two, major obstacles; a pandemic, which it just managed to stagger away from (World Bank, 2021), followed by the full-scale Russian invasion of Ukraine.
Africa-to-Europe value chains: How nearshoring can mitigate Europe’s migration crisis and aid energy transition
Africa-to-Europe value chains in manufacturing and agri-food production can mitigate factors driving current migration patterns by employing Africans in local value-added production and boosting African GDP growth, reorienting Africa-Europe relations towards mutual economic benefit and dignity.
The implications of Red Sea instability on the global LNG market
Well over 30 attacks against commercial shipping in the Red Sea have been reported since mid-November 2023, although none have targeted crude oil or liquefied natural gas (LNG) carriers to date. But that is not to say that global energy flows through this critical maritime chokepoint are invulnerable; any harm that came to hydrocarbon carriers traveling into or out of the Red Sea via the Bab el-Mandeb would have far-reaching consequences for international markets.
Azerbaijan and COP29: An opportunity or a challenge?
Azerbaijan will host COP29 at the end of this year. Being selected to host the most important international climate event is a major achievement for the South Caucasus country, though the spotlight it brings will come with its own challenges due to Azerbaijan’s poor human rights record and worsening relations with the West.
Policy shifts and political challenges as Algeria prepares for upcoming elections
A closer look at the impact of domestic and international developments on Algeria’s agenda as the country prepares for a complicated and critical presidential race in December 2024.
Jordanian ambitions, Saudi funds: A look at Saudi investments in Jordan
In 2017, Saudi Arabia’s Public Investment Fund and a number of Jordanian banks established the Saudi-Jordanian Investment Fund to channel $3 billion into the Jordanian economy. Two SJIF projects provide relevant case studies of the challenges facing Jordan’s broader efforts to attract more FDI and drive economic development.
Pakistan’s military and foreign policy under Gen. Asim Munir
Gen. Qamar Javed Bajwa orchestrated a paradigm shift in Pakistan’s traditional geostrategic focus, transitioning from geopolitics to geoeconomics. His successor, Gen. Asim Munir, in command of Pakistan’s military for the past year, now faces the challenging task of turning Gen. Bajwa’s unrealized vision into a reality, a goal that requires cultivating positive interdependence and multi-alignment with a diverse range of partners, while also ensuring domestic stability.
All you need to know about the India-Middle East-Europe Economic Corridor
At the September G20 meeting, host country India, along with the United States, the European Union, France, Germany, Italy, Saudi Arabia and the United Arab Emirates (UAE), signed a memorandum of understanding, a non-binding commitment to work towards building two separate “corridors”, essentially envisioning a political line that is connected by some new and some existing, or already under construction, physical infrastructure.
War delays but likely will not fully derail IMEC plans
The Oct. 7 Hamas attack against Israel and the latter’s ongoing military operation in Gaza have stalled progress in the development of the India-Middle East-Europe Economic Corridor and raised questions about its prospects for eventual completion. The IMEC faces multiple viability challenges, but none of them are insurmountable; thus, its participants are unlikely to abandon it.
Climate casualties: How the Gaza war threatens Mideast climate action
The renewed violence in Gaza could not have come at a less opportune time for the climate agenda in the Middle East. From energy economics to environmental degradation, the ripple effects of conflict will complicate the path ahead.
China’s growing maritime presence in Egypt's ports and the Suez Canal
In recent years, China’s presence in Egypt’s strategic ports has grown noticeably, including the involvement of both private and state-owned Chinese companies. While this reflects Beijing’s growing ambitions in the region, the opacity of the Sino-Egyptian agreements and the blurry lines between China’s commercial ports and its military aspirations raise questions about the potential implications.
Enhancing Morocco's energy supplies with ISO tank and small-scale LNG
With no new interregional or international gas pipelines currently planned, gas-poor Morocco should consider alternative import schemes, such as LNG import via ISO tank containers, utilizing its well-developed port, rail, and road infrastructure.
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.
