Economy

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Keep the Faith: Mohammed bin Salman’s Message to Saudis

On April 27, Saudi Crown Prince Mohammed bin Salman sat down for a television interview five years after the announcement of Vision 2030.

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Saudi Arabia’s Economic Strategy: From Kitchen Sink to Virtuous Cycle?

The pace and scope of economic development initiatives and policies announced during the first five years of Saudi Vision 2030 have been dizzying, but any eventual progress is likely to be either broad and incremental or narrow and deep.

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Turkey’s Africa Policy: Success Story or Inflated Narrative?

Facing domestic and external pressure on multiple fronts, Turkey is in desperate need of success stories, especially in the foreign policy domain.

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Japan’s Oil Diplomacy in the Gulf: Old Idea, New Approaches

Japan’s need for energy security has long driven relations with the Gulf states, but, under the banner of economic diplomacy, Gulf-Japan ties are diversifying.

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Everything at Once: Transformation of Abu Dhabi’s Oil Policy

Abu Dhabi traditionally managed its oil and gas resources cautiously and conserved hydrocarbon wealth for future generations, but the energy transition is reshaping its strategy.

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Israel-UAE Normalization: Poised for Economic Breakout

Given the complementarity of long-term economic interests between Israel and the United Arab Emirates, and the ties already taking root, relations will likely continue to grow.

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Oman’s VAT Implementation Is Necessary and Not Enough

If Omanis aren’t ready to shoulder a 5% VAT, then they have a long, bumpy economic road ahead of them.

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South Korea-Gulf Collaboration: Special, Smart, and Strategic

South Korea has transformed from a source of manpower to the Gulf Arab states into an exporter of advanced technology and services at a time of rapid change in the Gulf region.

OPEC+ Oil Producers Hold Course as Demand Worries Persist

Saudi Arabia and Russia appear to be on the same page now, but OPEC+ will have to consider the impacts of its market management policies if it wants to avoid the pitfalls that have contributed to oil price volatility in the past.

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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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