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.
For those seeking pathways to stable economic growth in the Middle East, developments in Iran may serve as a model – Iran represents the first major oil producer in the Middle East to transition to overall dependence on non-oil exports.
The global economic slowdown presents Chinese entities with a cost-effective opportunity to expand investments in strategic sectors across the Gulf region.
Arms flows to and from the Gulf states could be challenged by new economic stress in exporting and client states, reassessment of the most pressing threats, and increased congressional scrutiny in the United States.
A tense period in U.S.-Saudi relations has not dissuaded the kingdom’s Public Investment Fund from investing in major U.S. companies during an opportunistic spending spree.
The coronavirus-induced slowdown in Gulf Arab states will further stress the already reeling economies of South Asia.
As the Saudi government manages the fallout from collapsing oil revenue, it will be seeking greater contributions from the Saudi public. A little-known program to instill the productive values of entrepreneurship, hard work, and optimism may have found its moment.
Smart spending on the enhancement of Gulf governments’ digital capabilities and the development of technology-focused industries is needed to bolster future growth.
The Gulf Arab countries’ foreign assistance during the coronavirus pandemic hints at a slight evolution in their respective foreign policies.
The coronavirus, along with the economic crisis due to falling oil prices, is having a direct impact on businesses in the Gulf, including migrant labor, the bulk of the work force.Learn More
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.Learn More