Six months after the launch of the India-Middle East-Europe Economic Corridor, rapidly changing regional dynamics threaten to jeopardize the potentially transformative initiative.
Aramco should be able to sustain its higher dividend payout through 2025, but beyond this it will be increasingly dependent on higher oil revenue.
With aid, public criticism, and diplomatic maneuver, Gulf countries are confronting Israel’s military action in Gaza and weighing how bad the situation could get.
Following progress addressing economic vulnerabilities, Oman is poised to enter a new phase of economic policymaking, armed with new policy tools and development initiatives.
The transfer of Saudi Aramco equity helps grow the PIF but could leave a hole in the 2024 government budget.
Given the volatility of hydrocarbon prices and other external shocks, Gulf Arab states can benefit from adopting countercyclical fiscal policies – a bold, but necessary, shift that will limit fallback during economic downturns.
As Central Asian states seek to diversify their economic partnerships, the UAE and Saudi Arabia double down on green investments in the region to bolster their energy transitions.
Positive developments in four indicators during 2024 – the female labor force participation rate, tourist arrivals, foreign direct investment inflows, and student educational attainment – will give confidence that the bold diversification plans underway in Saudi Arabia are on track.
While Singapore has traditionally been seen as a model for the United Arab Emirates, Norway, with its unique approach to economic management and environmental sustainability, is increasingly cited as an inspiration.
Exhibitions staged by four Gulf countries look to the past and present while seeking to redress contemporary misconceptions and advocate for change.
Learn MoreThrough its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.
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