Investment

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Competing Megaprojects in Kuwait and Saudi Arabia

During the March 25 Kuwait Investment Forum, Kuwaiti government officials reaffirmed the country’s commitment to develop the Silk City (Madinat al-Harir) megaproject and establish an integrated economic zone on five uninhabited Kuwaiti islands.

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Let Me Entertain You: Saudi Arabia’s New Enthusiasm for Fun

Social outings with mixed genders, open cinemas, and performing arts represent a dramatic reversal from the past when Saudis pursued their amusements in private or abroad. What explains the government’s new enthusiasm for fun?

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Payment Delayed: The Economic Risk of Gulf Contracting Practices

If you are in the construction business and a Gulf government is your client, be sure to be paid in advance.

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Turkey-GCC Trade and Business Relations: Banking and Finance Sector Engagement

Financial ties between Gulf Cooperation Council (GCC) countries and Turkey mutually support economic growth and diversification.

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Russia Sees New Saudi “Realism” on Display at Moscow Summit

At the recent summit between Saudi Arabian King Salman bin Abdulaziz and Russian President Vladimir Putin in Moscow, the two leaders signed agreements that seem to herald a new era of Saudi-Russian cooperation.

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The Coming Economic Disorder: The Political Perils of Economic Liberalization in the Gulf

Economic liberalization tends to bring with it social, if not always political, openings. By definition, liberalization challenges existing orders.

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Beyond Building: Private Financing, Ownership, and Management of Gulf Infrastructure

In response to fiscal pressures and concerns about the efficiency of project and service implementation, Gulf Arab states are increasingly looking to the private sector to finance and manage infrastructure projects.

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Iran’s Energy Resurgence at Risk as U.S. Grows More Confrontational

Heightened tensions between Washington and Tehran look certain to stall already challenging efforts by Iran to attract billions of dollars in foreign investment for its oil and gas industry.

Qatar Crisis Heightens Obstacles to the Economic Reform Agenda

The isolation of Qatar is but one example of how the politics of the Gulf Arab states are getting in the way of economic diversification and transformation.

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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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