Government efforts to legalize full foreign ownership in specific sectors aim to significantly boost inward foreign investments. However, the commercial reform threatens to disrupt the long-standing economic institutions and commercial incentives associated with free zones.
Ahead of their December 6 meeting in Vienna, OPEC and its non-OPEC allies are considering whether and to what extent they need to curb production to balance an oversupplied market and lift oil prices. But Trump’s pressure to keep oil prices low will make their job that much harder.
In this video, Annette Weber, Michael Woldemariam, and Elizabeth Dickinson discuss economic interests and security strategies of the Gulf Arab states in the Horn of Africa region.
As Gulf Arab states exert greater influence in the Horn of Africa, the region’s future is being reimagined.
The conflict in Yemen has exacted a disastrous toll on the country. This paper considers the outside forces in the conflict, seeking to elucidate who they are, what the nature is of their involvement, and what their converging and conflicting interests mean for reconstruction.
Despite U.S. sanctions, Iran, with the second-largest economy in the Middle East after Saudi Arabia, is likely to remain an integral economic actor for the Gulf Arab states.
While a new round of U.S. sanctions targeting Iran’s energy sector is more restrictive than previous sanctions, it is clear Washington is wary of administering a shock to oil markets.
Money supply, its link to inflation, and its impact on the foreign-exchange market have created an intense national debate in Iran because of widespread negative impacts on the livelihood of the average citizen.
The Gulf states are in many ways among the most vulnerable to the effects of climate change. Carbon pricing could be a useful tool to meet emissions reduction goals and hence reduce the adverse climate impacts on the region, while at the same time presenting opportunities for economic diversification.
While pursuing long-term economic reform and diversification, Saudi Arabia needs to show that the kingdom is an attractive, business-friendly place; yet recent moves have worried investors over the business environment, and raised some concerns over the impact on oil policy.
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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