The country has the chance to change direction, open up, and win the investment that would transform its natural and human resources into the economic engine needed. It just needs the will.
Old fields could produce 400,000 barrels of oil per day within a year and there are some large natural gas reserves to exploit, but investment is needed to make the most of the opportunity.
Promising new discoveries, big new deals on gas, and a successful second public share offering is shaping one of the world's biggest companies to beat its own high expectations.
Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.
The US-Israeli war against Iran aims to draw in Gulf states, but history has shown that entering wars is far easier than exiting them. Prudence is needed now more than ever.
PA Foreign Minister Varsen Aghabekian Shahin tells Al Majalla that Israel is taking advantage of the fact that the world is distracted by the US-Iran war to create irreversible facts on the ground
Given the effective closure of the Hormuz Strait and Houthi threats to close off the Red Sea, Syria may emerge as a corridor and conduit to bypass these embattled maritime chokepoints
A former army forensics employee who later became known as Caesar tells Al Majalla how he risked his life to expose the torture and killing of countless Syrians in regime prisons