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Mideast countries will still value BRICS membership

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MIDDLE EAST

This is the first time since 2010 that new members have been invited to join the group, signalling growing confidence among ‘middle powers’ and their intent to establish…

Climate change to hit development in the global south

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INTERNATIONAL

In a scenario in which it becomes increasingly evident that carbon neutrality will not be reached by 2050, governments may switch the focus of spending from the energy transition…

Prospects for the Gulf states in 2022

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PROSPECTS 2022

Prospects for the Gulf states in 2022.

Politics will drive growth in trade de-dollarisation

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INTERNATIONAL

A move away from the US dollar is gaining momentum, driven by the West’s use of economic sanctions, high levels of sovereign debt and a desire to de-link monetary policy from the…

Internal security will drive Bahrain’s foreign policy

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BAHRAIN

Ten years after it experienced mass protests during the 2011 Arab uprisings, Manama remains deeply concerned about the potential threat from a Shia-led opposition -- and its…

Pakistan economy will be on surer footing

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PAKISTAN

The programme will resume once approved by the Fund’s Executive Board. The last tranche of the loan received to date was disbursed earlier this year, under then premier Imran…

US outreach to Saudi Arabia could restore trust

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SAUDI ARABIA

Washington is trying to allay Saudi (and broader Gulf) concerns about its commitment to regional security, manage policy differences -- especially over oil prices -- better and…

The United States will prioritise Saudi-Israeli ties

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UNITED STATES

In exchange, US President Joe Biden wants a major diplomatic win ahead of the 2024 presidential elections by ‘normalising’ Saudi-Israeli diplomatic ties. On July 19, President…

The Gulf States would benefit from a UK trade deal

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GULF STATES

After leaving the EU, London is attempting to negotiate FTAs with its major trading partners. The GCC states are trying to diversify their economies from hydrocarbon-dependence.

A Qatar solution is unlikely at the Gulf summit

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QATAR

As the primary mediator in the dispute between Qatar and three of its GCC neighbours, Kuwait is seeking the first face-to-face meeting of the countries’ leaders since Saudi…