OPEC and non-OPEC officials announced their expectation that the rebalancing of oil markets will accelerate in the second half of 2017 as a result of sharply stronger global oil demand growth and pledged to clamp down on member countries violating their production targets at the conclusion of the 4th Meeting of the Joint Ministerial Monitoring Committee in St. Petersburg, Russia July 24. Despite speculation that the committee might recommend deeper production cuts, no changes were made to the Declaration of Joint Cooperation that calls for the 24 countries participating to reduce production by 1.8 million barrels per day (mb/d) from January 2017 to the end of March 2018. Read more
On the heels of the G-20 summit in Hamburg, Turkish President Recep Tayyip Erdogan announced plans to visit Kuwait, Saudi Arabia, and Qatar. As the Gulf Cooperation Council diplomatic crisis continues, Erdogan’s presence likely will do little to calm regional tensions. U.S. Secretary of State Rex Tillerson’s own visit resulted in a U.S.-Qatar agreement to combat terrorism financing, but no breakthrough agreement on the Saudi-Emirati led embargo on Qatar. Read more
بعد مرور ستة أشهر على وجوده في البيت الأبيض يجد الرئيس دونالد ترامب نفسه يحارب على أكثر من جبهة، ويتصرف وكأنه في حالة حصار وهو يوجه نيرانه ليس فقط ضد خصومه التقليديين من الديمقراطيين في الكونغرس ومعلقين، بل ايضا ضد وزير العدل جيف سيشنز ونائبه رود روزينستين ومدير مكتب التحقيقات الفدرالي المؤقت آندرو ماكايب، وخاصة ضد المحقق الخاص روبرت مولر الذي يحقق بفضيحة التدخل الروسي في الانتخابات واحتمال تواطؤ مسؤولين في حملة ترامب الانتخابية مع الجهود الروسية، وأيضا في أي علاقات مالية مريبة بين ترامب وعائلته وأفراد في الأوليغارشية الروسية المقربة من الرئيس فلاديمير بوتين
In addition to original content, AGSIW.org in Arabic is regularly updated with new Arabic translations of AGSIW's analysis. Recent translations include:
Meetings in Riyadh last week with senior Yemeni and Saudi officials offered little hope that the war that has wracked Yemen for over two years and spawned one of the world’s worst humanitarian crises is anywhere near its end. Admittedly, the picture we were able to develop is incomplete. Still, some themes emerged from our conversations with these senior officials that may prove useful to U.S. policymakers wrestling with options the Administration can pursue to bring Yemen’s destabilizing war to a conclusion. Read more
In the Media
Speaking with The National, Senior Resident Scholar Karen E. Young commented on foreign investment in GCC countries, focusing on Turkey: “I do see Saudi Vision 2030 as particularly dependent on foreign investment, especially in the infrastructure space." She additionally noted, "Of the firms and partners with the most Gulf experience, there are very few and many are Turkish in origin.”
Position Title: Program and Digital Media Intern Department/Team: Programs and Publications Period: Fall 2017 Location: Washington, DC Deadline to Apply: July 31
Job Summary: The Internship Program at the Arab Gulf States Institute in Washington provides talented students and recent graduates with a three-month (or longer) unpaid training opportunity designed to encourage professional and personal development. We encourage out-of-the-box thinking and value fresh perspectives. AGSIW will provide interns with a transportation stipend. Read more