The long-standing partnership between Kuwait and Senegal has been beneficial to both parties. With a new emir, fallen oil prices, and a smaller 2021 budget, will Senegal remain a priority for Kuwait?
OPEC+ producers seem to have adopted a wait-and-see attitude, but as maintaining production cuts becomes more difficult for the smaller producers, they may be tempted to cash in while prices are high.
After a disastrous year for airlines worldwide, Gulf Arab carriers – both symbols and drivers of the air travel revolution of the past decade – must be agile to survive and thrive in a highly uncertain environment.
Mostly smaller budgets and conservative oil price assumptions signal the start of another challenging economic year for the Gulf region.
This report is based on the presentations and discussions during the UAE Security Forum 2020, “Resilient Economies, Resilient Societies,” held December 15-17, 2020 virtually.
Economic gains associated with the Gulf reconciliation will be narrow and limited, and any economic momentum should be channeled to tackle longer-term challenges in the region.
The new variant of the coronavirus, new lockdowns in several parts of the world, and the slower-than-expected rollout of the vaccine cast doubt on the timing of a recovery that would sustain higher production.
Gulf Arab states like Bahrain cannot preserve the traditional form of their economies indefinitely, but they can influence how their new digital future will unfold.
China seeks to promote a harmonious relationship among its strategic partners in the Gulf in support of its economic interests.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