With Major Tourism Projects, Saudi Arabia Pushes for Place on Global Tourism Map
Tourism is helping to reposition and reshape Saudi Arabia as it diversifies its economy away from a reliance on oil.
Tourism is helping to reposition and reshape Saudi Arabia as it diversifies its economy away from a reliance on oil.
If the international community wants to ensure that Yemen’s war actually ends when the peace deal is signed, it needs to rebuild the country’s economy.
Despite efforts to present Iran’s supposedly strong ties with African states, Iran has failed to forge robust partnerships on the continent.
Riyadh has charged back into the development limelight in recent months, highlighting the capital’s central role in Saudi Arabia’s ambitious economic transformation agenda.
Given Saudi Arabia’s economic might and Oman’s specialized knowledge, cooperation – rather than competition – in the economic zone space may serve both countries’ interests.
While the Basra-Aqaba pipeline project promises economic, energy, and security benefits for Iraq and Jordan, high costs and political and security risks pose huge feasibility challenges.
Amid a global financial slump, government reforms in the Gulf Arab states have helped stock markets achieve a remarkable boost in market capitalization.
Pakistan hopes enhanced security ties with the Saudis will win it financial support. Cash-strapped Pakistan may have little choice but to hold out the possibility of a strategic defense partnership with Saudi Arabia.
With the Al-Faw Grand Port and broader “Dry Canal” corridor project, Iraq aims to become a transportation hub between Asia and Europe. However, formidable political, security, financing, and feasibility challenges make for a rocky road.
A thaw with Egypt may help an economically besieged Iranian government rattled by popular protests boost its regional standing.
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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