The reshuffling of top officials in Saudi Arabia’s flagship state-owned firms and key ministries underscores the growing authority of the Public Investment Fund.
To be effective, Saudi Arabia needs to keep its oil sector healthy while invigorating the other value-creating parts of the economy.
Countries that export larger quantities of low-sulfur crude oil will be the foremost beneficiaries of the demand brought on by IMO 2020, but the new regulations will not be a boon for everyone in the region.
For the Gulf Arab states, renewables could contribute to reducing greenhouse gas emissions while also supporting economic goals of meeting increasing domestic energy demand and creating jobs.
Despite beginning as a regional policy, the VAT in the Gulf is becoming an increasingly country-focused initiative.
The heightened interest in cryptocurrencies across the Gulf is taking place alongside global efforts to both regulate digital assets and attract cryptocurrency firms.
A unique pattern of provincial or regional consortiums from China are deeply engaged in marquee Belt and Road Initiative projects that are shaping the future of China’s power in the Gulf.
Despite a large appetite among Gulf Arab states for Chinese investment and trade, the UAE has emerged as China’s primary economic partner in the region.
The Iranian government has been constantly seeking strategies to circumvent U.S. sanctions, but these efforts have not led to a sustainable and secure solution.
As fiscal constraints increase, tensions in the Gulf rise, and uncertainties surrounding political transition loom, Oman’s role in the Gulf Arab region could come under pressure.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