The Arab World has been undergoing strategic transformations since 2011. Such changes allowed the GCC states to play a major regional role towards certain crises. However, they have concurrently placed an intricately complex regional environment before the GCC states to deal with, particularly in 2014...
The current world equilibrium is undergoing profound and historical changes that could lead to unexpected outcomes in the strategic international balance of powers. This is obvious in the economic structural problems facing the United States and Europe and their impact on foreign policy, as in the case of the United States changing its defense policy over the next ten years.
Because the hydrocarbon sector is responsible for such a large proportion of the gross domestic product of the GCC states’, maximizing the value obtained from these resources in a sustainable way is essential. In this regard, modeling the energy sector is a key tool for better understanding of the energy markets.
India has strong economic and cultural ties to the West Asia region, including both the GCC countries and Iran. A series of important events, including the 9/11 terrorist attacks, the US invasion of Iraq, the Arab Spring, and the Iranian nuclear deal, are contributing to a new balance of power in the region.
Oil prices have declined significantly since the middle of 2014, causing significant concern among major oil exporters, among the Russia and the countries of the Gulf Cooperation Council (GCC; Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE).
The Syrian conflict continues to deteriorate, with estimates suggesting a death toll in excess of 300,000, in addition to millions of refugees. The conflict has been extremely internationalized, not just in terms of the diplomatic attention that it has attracted, but also...
The Gulf countries are taking steps toward monetary union. The continuing Greek debt crisis has caused major problems for the European single currency. It also presents useful lessons for the Gulf countries as they plan their own single currency.
In July 2015, the P5 + 1 countries reached a deal on the Iranian nuclear program and on the lifting of economic sanctions imposed upon Iran. This important development in Middle Eastern strategy led to extensive commentary from many different stakeholders, including the governments of the US, Israel, Iran, and the Gulf Cooperation Council (GCC) countries.
A quarterly publication that provides an overview of the current state of the Bahraini economy and analyzes it. In the “Policy Focus” section, the report analyzes an important current issue faced by policymakers and provides recommendations.
Indubitably, the agreement on the Iranian nuclear program, which was signed between Iran and the P5+1 countries in Vienna on July 14, 2015, did not end the controversy over the former’s nuclear program.
The Chinese economy is undergoing major reforms in the aftermath of the 2008 financial crisis. These reforms aim to help the Chinese economy maintain its previous growth trends. Yet in a low oil price environment, some challenges arise with regards to China’s energy security.
Bahrain currently produces all of it electricity from fossil fuel sources: around 85% of electricity is produced from natural gas, and 15% is produced from oil, with five power stations being used (Figure 1).