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  • New Iran president’s entourage in NY signals Iran preparing to negotiate

    The message the Iranian diplomatic entourage suggested is that Iran is trying to best position itself to renew diplomacy with the west when the other side is ready. Six weeks before the US presidential elections, it seems unlikely that the Biden administration will try to pursue direct negotiations with the new Iranian team. But it seems plausible that the entourage may have a chance to speak with expert contacts and perhaps some former officials to update each other on how they are thinking and help lay the groundwork for future talks when a new U.S. president takes office.

  • Saudi Arabia committed to transforming tourism into sustainable industry: Minister

    Saudi Arabia’s efforts in promoting tourism go beyond economic benefits, as it paves the way for people worldwide to explore the Kingdom’s rich and ancient culture, while allowing its people to discover the other cultures. This statement came during the G20 Tourism Ministers' Meeting, held in Belém, Brazil.

  • Egypt is cozying up to Somalia to thwart Ethiopia

    Tensions between Egypt and Ethiopia have escalated in recent days. Relations between the two African countries, already strained since 2011 due to Ethiopia’s construction and filling of the Great Ethiopian Renaissance Dam (GERD) on the Blue Nile—a project Egypt views as a major threat to its water and food security—have further deteriorated. The recent downturn comes after Egypt forged closer ties with Ethiopia’s rival, Somalia.

  • US sends additional forces to Middle East as tensions soar

    Americans in Lebanon should leave now while flights are still available, White House national security spokesman John Kirby said, as violence flares between Israel and Hezbollah.

  • The Bread-and-Butter Issues of Jobs and Taxes in the Gulf

    As Gulf governments accelerate domestic development agendas, local job creation and tax revenue are measurable indicators of economic policymaking success. Gulf citizens understand how employment status, salary, and tax liability affect their economic well-being, while it is much harder to determine the personal economic impact of foreign direct investment inflows. Expatriate workers and foreign investors can likewise calculate the costs associated with stricter requirements to employ local jobseekers and with new tax obligations. These two sensitive policy domains reflect the tricky tradeoffs associated with Gulf states’ development agendas.

  • Has Gaza Created Structural Impediments to Normalization?

    On September 16, the United Arab Emirates Deputy Prime Minister and Foreign Minister Abullah bin Zayed al-Nahyan made clear the UAE will not support postwar efforts in Gaza without the creation of a Palestinian state. With its explicit conditionality and reference to a “status quo” in Gaza that would prevent postwar UAE involvement, the statement represents a modulated toughening of previous UAE expressions of willingness to participate in a temporary international mission after the war. Along parallel lines September 16, a senior Omani Foreign Ministry official insisted Oman “had no intention” of normalizing relations with Israel and called for an immediate stop to Israel’s “barbaric war on Gaza.”

  • Saudi Ministry of Economy and Planning Hosts Sustainable Development Event at UNGA Week

    The Saudi Ministry of Economy and Planning hosted an event on the sides of the high-level week of the 79th session of the UN General Assembly. Titled 'Unlocking Innovation for Sustainable Development through Platforms and Partnerships'. The event highlighted the critical role of platforms that bring together diverse stakeholders, such as governments, businesses, civil society, and academic institutions, to drive sustainable development in a truly impactful and inclusive manner. It was stated that through these collaborative frameworks, we can ensure innovation translates into substantial and lasting change.

  • Saudi Arabia AI in Manufacturing Industry Research Report 2024

    Saudi Arabia AI in Manufacturing Market was valued at USD 205 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 34.5% through 2029.

  • Commentary: Chinese Takeout in Saudi Arabia? You Bet

    The company is joining a growing fleet of businesses that see a bright future in the Gulf kingdom. In recent months, Chinese firms won multibillion-dollar contracts to build solar plants and mixed-use development projects. In exchange for a $2 billion investment, PC maker Lenovo Group Ltd. is establishing regional headquarters there in a deal that is expected to create 15,000 jobs locally. And last but not least, Hong Kong’s flagship airline Cathay Pacific Airways Ltd. will start a new direct route to Riyadh in late October, pleasing Saudi officials who have been pitching the nascent tourism industry.

  • Why are the United Arab Emirates and Saudi Arabia Key to the Expansion of Brazilian Agriculture?

    The diversification of Brazilian export destinations is crucial to reduce overdependence on a single market, such as China, which currently accounts for a significant share of Brazil’s exports. Although China is a critical trading partner, concentrating exports in a single market makes the country vulnerable to economic and political risks, such as oscillations in demand, changes in trade policies, and economic instability.