Improved Fiscal Outlooks Renew Focus on Gulf Economic Diversification Efforts
The financial windfall from oil and gas exports may boost regional officials’ ambitious economic diversification plans but doesn’t make them foolproof.
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UAE’s Lurking Unemployment Issue Raises Questions
With increasing unemployment and the introduction of taxes, Gulf citizens are beginning to ask questions about their economic future.
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“Jeddah Central” at a Crossroads: Development in an Age of People-Centered Urbanism
Still in its early stages, Jeddah Central can build on lessons from other urban renewal projects to focus on inclusive urban development to benefit all people rather than simply a select few.
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Egypt’s Renewed Dependency on GCC States’ Largesse
GCC countries came to Egypt’s rescue, sending a firm message to its foreign creditors that the country has rich friends that are willing to pitch in in the hour of need.
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Implementing the China-Iran Comprehensive Strategic Partnership: Not So Fast
While long on aspiration and flourish, implementation of the comprehensive strategic partnership has seemed short on substance, highlighting China’s long-held strategy of viewing Tehran as an expendable piece in its chess match with Washington.
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The Ukraine Crisis Deepens Food Insecurity Across the Middle East and Africa
Supply chain interruptions and rising food and fuel prices are hitting countries in the Middle East and Africa particularly hard, given the heavy reliance on Russian and Ukrainian staple food imports.
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UAE Advances Tax Reform, But Not Too Quickly
With the announcement of a new corporate tax, Emirati officials aim to demonstrate fiscal strength without disrupting the country’s image as an investment hub.
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Unexplored Potential in Azerbaijan-Gulf Relations
Azerbaijan’s biggest trade partners in the region, the UAE and Saudi Arabia, have shared economic interests in establishing new trade links, but they also share common threat perceptions regarding Iran and radicalism.
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The Complications of Easing Iran Sanctions
Reopening the U.S. financial system to Iran might be one incentive to offer Tehran in possible follow-on talks, subsequent to a restoration of the JCPOA. Yet, even if offered, this sanctions relief might be difficult to put into practice.
Optimism for Oman: Economic Recovery With Caveats
There is renewed buoyancy for the Omani economy as rallied oil prices are expected to ease the execution of plans, big and small. Yet, public trust in government plans still falls short.
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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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