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  • Will Sistani intervene to end Iraq’s political deadlock?

    Amid the strong divisions within the ‘Shiite House’, ordinary people are awaiting an explicit position from the Marjaiya. The Najaf-based institution is headed by Grand Ayatollah Ali Al-Sistani, who continues to struggle with reducing dependence on foreign powers and keeping the country away from traps set by prowlers. Sistani commonly follows up on important developments in Iraq and is briefed on sensitive files through a variety of mediums.

  • Iran’s new president just met with Vladimir Putin in Russia. What to make of it?

    Iranian President Ebrahim Raisi met with Russian President Vladimir Putin in Moscow on January 19. It was the first meeting by an Iranian president with his Russian counterpart since 2017.

  • Why are oil prices high, and is there any relief in sight?

    Russia provides 30 to 40% of Europe's oil, gas and coal, noted Kevin Book, managing director at Clearview Energy Partners. In any given year, he said, Russia's exports supply 4% to 5% of the world's energy.

  • Is Saudi Arabia entering a ‘Great Reshuffle’?

    Unlike most high-income countries, labor force participation in Saudi Arabia actually increased during the pandemic. At the same time, foreign workers—who make up over 70 percent of the workforce in the private sector—are leaving employment in large numbers, driving a sharp and rapid contraction in total employment. Almost 1 million jobs have disappeared since the start of the pandemic.

  • Is Saudi Arabia Closer to Releasing a Tender for New Nuclear?

    The three bidders issuing breathless press releases touting their value to the customer include Rolls-Royce, a consortium from South Korea, and Rosatom, the export focused state owned enterprise from Russia.

  • Is the GCC ready to embrace sustainable finance?

    The Glasgow Financial Alliance for Net Zero (GFANZ), which represents a global coalition of leading financial institutions, announced that more than 450 firms in the financial services sector across forty-five countries—that represent more than $130 trillion of financial assets—have committed to aligning their activities to the transition to net-zero carbon dioxide emissions. The group will collaborate “to deliver the $100 trillion investment needed to achieve net zero over the next three decades.”

  • Where is the United States? Military basing and energy are the real prizes in Libya

    Libya’s post-Muammar Qaddafi instability attracted a range of regional actors looking to capitalize on the country’s transition. While the US looks solely at elections as both a means and an end to Libya’s future prosperity, key players such as Russia, Turkey, and the United Arab Emirates (UAE) have different ends in mind—their focus remains on Libya’s economic and strategic value. And, unlike the US, these countries have been willing to employ relatively limited resources to influence conditions on the ground.

  • Inside story: Are Iran’s Iraqi allies turning against the Quds Force?

    As the commander of the Quds Force arrived in Iran’s western neighbor on Jan. 16, Iraq’s political stage looked vastly different than in Jan. 2020, when the US assassinated his predecessor, Qasem Soleimani.

  • Opinion: What do Saudi Arabia’s critics actually want?

    But here’s an idea. Instead of sniping every time Saudi Arabia takes another step toward constructive engagement with the wider world, how about its critics hold fire and meet it halfway – as some of the world’s leading artists and sportspeople are doing?

  • Saudi Fintech Tamara Raised Over $116M In Its First Year, But Can It Scale Up Against Stiff Competition?

    Tamara’s ability to attract multi-million-dollar investment stems in part from a rapid rise in demand for its services. The startup, which today employs 137 people across four offices in Riyadh, Dubai, Berlin, and Ho Chi Minh City, allows online and in-store shoppers to buy goods and split payments into three installments. In just over a year, the company has attracted two million customers across Saudi, the U.A.E, and Kuwait, as well as 2,000 merchants, including local, regional, and global brands such as Adidas, Ikea, Yves Saint Laurent, Namshi, and online beauty store, Nice One.