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1. Seeds of Gulf-Africa Agribusiness

Author:
Sarah Townsend
Publication Date:
01-2020
Content Type:
Journal Article
Journal:
Cairo Review of Global Affairs
Institution:
School of Global Affairs and Public Policy, American University in Cairo
Abstract:
When Gulf nations face food, security, and water scarcity issues, one response is to seek lucrative agricultural investments in fertile African lands. Yet, while such deals can bring benefits to the countries involved, there are also sizeable risks.
Topic:
Agriculture, Water, Food, Food Security, and Business
Political Geography:
Middle East and North Africa

2. Iraq’s Power Sector: Problems and Prospects

Author:
Sujata Ashwarya
Publication Date:
01-2020
Content Type:
Special Report
Institution:
Georgetown University Press
Abstract:
Despite substantial efforts and investments in rebuilding Iraq’s infrastructure since the overthrow of Saddam Hussein in 2003, the country is still struggling to deliver on public services. Years of destruction in conflict, as well as alleged mismanagement and neglect, have taken a heavy toll on the country’s power infrastructure. Severe power cuts and rolling blackouts are endemic in Iraq today. Between 2014 and 2018, Islamic State terrorism inflicted billions of dollars in damage on the already dilapidated electricity infrastructure, causing a cumulative potential and actual loss of a whopping 7GW in generation and transmission capacities.
Topic:
Economics, Energy Policy, Infrastructure, Business, Conflict, Services, and Electricity
Political Geography:
Iraq, Iran, and Middle East

3. United G20 must pave the way for robust post-COVID-19 recovery

Author:
Phil Thornton
Publication Date:
07-2020
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
The world is facing unprecedented health and economic crises that require a global solution. Governments have locked down their economies to contain the mounting death toll from the COVID-19 pandemic. With this response well underway, now is the time to move into a recovery effort. This will require a coordinated response to the health emergency and a global growth plan that is based on synchronized monetary, fiscal, and debt relief policies. Failure to act will risk a substantial shock to the postwar order established by the United States and its allies more than seventy years ago. The most effective global forum for coordinating this recovery effort is the Group of 20 (G20), which led the way out of the global financial crisis (GFC) in 2009, the closest parallel we have to the current catastrophe. Eleven years ago, world leaders used the G20 meeting in London as the forum to deliver a unified response and a massive fiscal stimulus that helped stem economic free fall and prevented the recession from becoming a second Great Depression. A decade on, it is clear that the G20 is the only body with the clout to save the global economy. This does not mean that the G20 should be the only forum for actions for its member states. The United States, for example, should also work closely with like-minded states that support a rules-based world order, and there are many other fora where it can and must be active with partners and allies. But no others share the G20’s depth and breadth in the key focus areas for recovery. The other multilateral organizations that could take up the challenge lack either the substance or membership. The United Nations may count all countries as members but is too unwieldly to coordinate a response. The International Monetary Fund (IMF) has the resources but requires direction from its 189 members. The Group of Seven (G7), which once oversaw financial and economic management, does not include the fast-growing emerging economies. The G20 represents both the world’s richest and fastest-growing countries, making it the forum for international collaboration. It combines that representation with agility.
Topic:
Security, Energy Policy, G20, Global Markets, Geopolitics, Economy, Business, Trade, Coronavirus, and COVID-19
Political Geography:
China, Middle East, Canada, Asia, Saudi Arabia, North America, and United States of America

4. The Story of a Restaurant during the Corona Epidemic: A Period of Crisis for Businesses in the Arab Sector

Author:
Nidal Othman
Publication Date:
07-2020
Content Type:
Special Report
Institution:
Moshe Dayan Center for Middle Eastern and African Studies
Abstract:
96% of the businesses in Arab society are small and miniature businesses, most of which are not defined as "essential enterprises". As a result, they were shut down during part of the Corona crisis. The model of distance working and working from home is not common in Arab society. Only a miniscule proportion of Arab businesses have the potential to operate in this mode and as a result the Corona crisis took a heavy toll on businesses in Arab society. The government made state-guaranteed loans available to small and medium-sized businesses; however, the conditions for eligibility were difficult to fulfil for Arab-owned businesses. Most of the loan applications were rejected, and businesses that managed to meet the conditions were awarded much smaller loans than they had requested. Their financial distress has led many business owners to take out gray market loans at exorbitant interest rates. It is recommended that an interministerial forum be created with representatives of the Ministry of Internal Security, the Ministry of Welfare and the Ministry of Economy in cooperation with the Committee of Arab Mayors, with the goal of keeping Arab business owners from entering a vicious circle of crime and violence as a result of the debt they have been forced to take on. Arab business owners need to become organized, whether at the national or local level.
Topic:
Economics, Business, Coronavirus, and COVID-19
Political Geography:
Middle East, Israel, and Palestine

5. Chevron’s Purchase of Noble Energy: Accelerating the Eastern Mediterranean’s Gas Revolution?

Author:
Joshua Krasna
Publication Date:
09-2020
Content Type:
Working Paper
Institution:
Moshe Dayan Center for Middle Eastern and African Studies
Abstract:
In the latest edition of Tel Aviv Notes, Joshua Krasna examines the regional implications of Chevron's purchase of Noble Energy for Israel, Egypt, and Jordan.
Topic:
Energy Policy, Oil, Gas, Economy, and Business
Political Geography:
Middle East, Israel, Egypt, and Jordan

6. Back to Economics: How Socially Innovative Business Models Can Be a Pathway to Jobs and Stability in the Middle East

Author:
Dina H. Sherif and Salma El Sayeh
Publication Date:
01-2020
Content Type:
Journal Article
Journal:
Harvard Journal of Middle Eastern Politics and Policy
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
In 2010, the Arab region was regarded as having very little potential for serious political transformation. The outside world perceived “stable” authoritarian regimes with iron-fist control over citizens who would surely never demand drastic change. Amal Ghadour described the regional landscape best: “These are the lifeless landscapes you are sure to behold if you were standing and peering down. Crouch and you begin to brush against the faint gusts of wind delicately working their way through them.”1 Engagement comes in many forms besides political, and in 2010, countries like Egypt, Tunisia, Jordan, and Syria were seeing significant increases in the number of NGOs, private sector engagement in social development, philanthropy, and youth volunteerism. None of these was viewed as a threat to the existing regimes at the time, but they represented a new coalescence of power amid increasing human rights abuses, youth exclusion, unemployment rates, and social inequity. The ingredients for change were there and finally ignited by the self-immolation of street vendor Mohamed Bouazizi on 17 December 2010 in Tunisia, which launched the cycle of mass uprisings and the falling of dictators in Tunisia, Egypt, and Libya in 2011.
Topic:
Economics, Labor Issues, Business, Youth, and Innovation
Political Geography:
Middle East, North Africa, Syria, Egypt, Jordan, and Tunisia

7. Understanding the Saudi Aramco IPO

Author:
Simon Henderson
Publication Date:
11-2019
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
economically transform the kingdom. On November 3, Saudi Arabia formally announced plans for the partial selloff of its state-owned oil company, to begin sometime next month. The successor of the Arabian American Oil Company, originally established by U.S. firms, Saudi Aramco is easily described in superlatives. It is the largest oil producer in the world, with the lowest production costs, and has a reputation for being extremely well run, all of which have helped it become the most profitable company on the planet. Yet being situated in the Middle East, having key installations vulnerable to Iranian attack, and selling oil to countries increasingly concerned about climate change are hardly factors conducive to favorable long-term prospects. The kingdom simultaneously claims to be diversifying away from its dependence on oil, adding to the uncertainty about its approach.
Topic:
Foreign Policy, Oil, and Business
Political Geography:
Middle East, Saudi Arabia, and United States of America

8. Strategic Insights: Five Myths Associated With Employing Private Military Companies

Author:
Edward Mienie and C. Anthony Pfaff
Publication Date:
04-2019
Content Type:
Special Report
Institution:
The Strategic Studies Institute of the U.S. Army War College
Abstract:
In August of 2017, Blackwater founder Erik Prince offered a plan for privatizing the war in Afghanistan, where he would replace the approximately 23,000 multinational forces (of which 15,000 are U.S. troops) and 27,000 contractors with 2,000 special forces and 6,000 security contractors who would embed with the Afghan National Army. Though the administration apparently rejected the plan at the time, multiple media outlets report there may be renewed interest, especially given the United States remains unable to resolve the conflict despite adopting a new, more aggressive strategy. Predictably, and justifiably, this interest has sparked a great deal of concern. Both former Secretary of Defense James Mattis and Chief of Staff John Kelly, in addition to a host of others, are reportedly opposed to the plan. With their departure, another opportunity to reconsider Prince’s proposal may arise.
Topic:
Military Affairs, Finance, Business, Military Spending, and Private Sector
Political Geography:
Afghanistan, Middle East, North America, and United States of America

9. Russian-Syrian Business Cooperation: Challenges and Prospects

Author:
Igor A. Matveev
Publication Date:
12-2019
Content Type:
Working Paper
Institution:
The Geneva Centre for Security Policy
Abstract:
In order to achieve the goals of the “Rebuild Syria” strategy, Damascus has been trying to attract investment from friendly countries, viewing business cooperation with Russia as a cornerstone of such efforts. Moscow has not yet made a final choice between a comprehensive “broad” approach, aimed at building a long-term economic presence in Syria, and a “narrow approach” of outsourcing the country’s reconstruction to selective Russian companies capable of securing rapid compensation for Russia’s expenditures during the Syrian war. Currently the second approach seems to prevail. The modalities of the Russia-Syria business cooperation are based on the “government-to-government” (G2G), “business-to-government” (B2G) and “business-to-business” (B2B) formats with the first two being preferable for Russian partners. Traders and industrialists from Russia encounter opportunities and challenges in Syria, related to the need of Damascus to restore and modernise the national economy amidst the disruption of the territory and to socioeconomic life, disconnection from the global financial system, Western sanctions against Moscow and Damascus, a history of unsuccessful B2B practices and over-bureaucracy in Syria, hence a preference for G2G and B2G. Future mutual economic ties depend on the evolution of the environment around Syria, reconciliation inside the country and the improvement of the domestic business climate. Moscow is making an effort to push the UN, the EU and GCC states to become donors; although Syria-Russia-EU coordination on other matters seems unlikely due to the latter’s negative political image inside Syria and Damascus’s reliance on Russia and Iran.
Topic:
Bilateral Relations, Business, Syrian War, Reconciliation, and Transition
Political Geography:
Russia, Middle East, and Syria

10. Emirates Airline, Etihad Airways and Qatar Airways: Global Airline Companies Promoting the International Position and Reputation of Dubai, Abu Dhabi and Qatar

Author:
Julien Lebel
Publication Date:
07-2019
Content Type:
Special Report
Institution:
Institut français des relations internationales (IFRI)
Abstract:
Airports in the Gulf emirates are major transit hubs in global airline networks today. Apart from their “advantageous” geographical location, their development results primarily from the ambitions of political actors seeking to maintain their power. This has led especially to the creation of the “Gulf companies”, namely Emirates Airline (Dubai), Etihad Airways (Abu Dhabi) and Qatar Airways (Doha). However, the three emirates are not following identical strategies. Within the unstable context of the Middle East, it is important to look at the development dynamics of these companies which symbolize the global reach of small but powerful political entities on the international stage.
Topic:
Development, Diplomacy, Business, and Airline Companies
Political Geography:
Middle East, Qatar, United Arab Emirates, Dubai, and Gulf Nations