Continued Progress in Saudi Economic Diversification
Efforts to diversify the Saudi economy continued to bear fruit in 2023, although oil is still the dominant economic force.
AI, particularly large language models, could lay the foundation for a more technologically harmonized and effective educational framework in Bahrain.
Saudi and Emirati leaders hope smart cities will be the key to advancing their countries’ global status in smart technology and sustainability while also developing the means to diversify their economies away from oil.
The United Arab Emirates is turning to its space program to position itself as a hub for advanced technology, diversify the economy away from oil, and rekindle space culture among young Emiratis.
The metaverse is the next promising frontier of technology, and the UAE wants to take the lead.
Beyond paying economic dividends, there are social and cultural interests at play in the Saudi gaming industry.
Saudi Arabia’s Public Investment Fund continues to enjoy steady growth aided by technology-focused investments, but the sovereign wealth fund’s 2030 growth target remains distant.
Gulf Arab states like Bahrain cannot preserve the traditional form of their economies indefinitely, but they can influence how their new digital future will unfold.
Implementing stronger corporate governance frameworks that apply to regional startups is a good starting point to increase investor confidence in a challenging economic climate.
Advancing Oman’s technology initiatives can help the government address economic challenges that have assumed a new degree of urgency following the coronavirus outbreak and oil price collapse.
Smart spending on the enhancement of Gulf governments’ digital capabilities and the development of technology-focused industries is needed to bolster future growth.
Discussions over establishing an esports free zone in Dubai reflect the high-growth potential of competitive online gaming across the broader Gulf region.
E-commerce development initiatives align closely with high-priority government agendas to build technology-focused, knowledge-driven economies. However, challenges related to payments, regulation, and delivery threaten e-commerce growth prospects across the region.
Cryptocurrency activity is unlikely to offer the Iranian regime an immediate avenue for evading crippling U.S. sanctions.
The heightened interest in cryptocurrencies across the Gulf is taking place alongside global efforts to both regulate digital assets and attract cryptocurrency firms.
Gulf Arab states are striving to become tech-driven, knowledge economies, but the digital path ahead is bound to be bumpy.
Iran's recent experiences may bolster the influence of factions within the regime advocating for a shift in Iran's nuclear strategy.
Learn MoreEfforts to diversify the Saudi economy continued to bear fruit in 2023, although oil is still the dominant economic force.
Exhibitions staged by four Gulf countries look to the past and present while seeking to redress contemporary misconceptions and advocate for change.
The crisis between Iran and Israel may be contained for now, but the breakdown in decision making that led to the end of Iran’s “strategic patience” carries risks going forward.
Through 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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