Amid geopolitical tensions and supply chain shocks, the Middle East and North Africa region (MENA), led by the Gulf, has a strategic opportunity to localise clean energy manufacturing.
Reconciliation with Iran should be viewed with great caution as the Gaza war offers a snapshot of the dangers of peace. The US can do more to assure Gulf allies in this evolving regional landscape.
Another dizzying surge in state spending, not least on a rising number of government employees, raises doubts on the sustainability of the country's finances just as other oil economies are changing
A tentative return of risk appetite to global stock markets and rebound in oil prices at the end of last week helped lift major Gulf equities, though they remained vulnerable to rate hikes and demand…
When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response
Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.
Even if it stays on the sidelines of the US-Iran war, the country is fragile. Unlike larger economies that can absorb shocks in global markets, it has little room to cushion the impact.