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Economy

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 successful economic policymaking.

Bahrain FinTech Bay staff is seen in the reception area of its office in Bahrain Bay, Manama, Bahrain, February 28, 2018. (REUTERS/Hamad I Mohammed)

China’s Expanding Solar Footprint in the Gulf

The Chinese solar industry is strategically expanding into Gulf markets, leveraging the region’s immense solar potential while navigating the risks associated with intense competition and harsh environmental conditions.

A worker conducts a quality check of a solar module product at a factory of a monocrystalline silicon solar equipment manufacturer LONGi Green Technology, in Xian, Shaanxi province, China, December 10, 2019. Picture taken December 10, 2019. (REUTERS/Muyu Xu)

Growing Gulf Footprint in the South Caucasus

As new trade routes are emerging in Eurasia, Gulf states are increasingly looking to the transit and investment potential of the South Caucasus, particularly Azerbaijan and Georgia.

Azerbaijani President Ilham Aliyev speaks during the Abu Dhabi Sustainability Week's opening ceremony, in Abu Dhabi, United Arab Emirates, Jan. 16, 2023. (AP Photo/Kamran Jebreili)

Lower Oil Prices Challenge Saudi Fiscal Policy

The sharp decline in oil prices raises difficult questions for OPEC+ and, if sustained, will have important implications for Saudi Arabia’s fiscal policy.

Storage tanks at the North Jeddah bulk plant, an Aramco oil facility, in Jeddah, September 15, 2019, Saudi Arabia. (AP Photo/Amr Nabil, File)

Transformation Underway: Assessing the Successes and Challenges of Saudi Arabia’s Vision 2030 Reforms

On September 12, AGSIW hosted a discussion on Saudi Arabia’s reforms and the prospects for its economy.

Saudi women stand at the "KSA Green Transmission Journey" exhibition marking the Security and Development Summit in Jeddah, Saudi Arabia, July 16, 2022. (AP Photo/Amr Nabil)

No Low-Hanging Fruit to Help Qatar With Its Food Security Challenges

Qatar is working to boost local food production while coping with daunting obstacles, including falling aquifer levels, a paucity of arable land, and broader climate-change issues.

Abdullah Sulaiteen, chairman of the agriculture company SAIC, poses for a photograph in one of his greenhouses on his farm project in Umm Salal Mohammed, north of the capital Doha, January 31, 2011. (REUTERS/Mohammed Dabbous)

The Houthis’ Achilles Heel

In the short term, increasing economic pressure on the Houthis is likely to prompt them to reignite attacks on Saudi Arabia, while in the long term it could make reuniting Yemen into a single state all but impossible.

Houthi police ride on the back of a patrol pick-up truck during the funeral of Houthi fighters killed in U.S.-led strikes, in Sanaa, Yemen, February 10. (REUTERS/Khaled Abdullah)

Gulf-Southeast Asian Ties: Expectations Still Outpacing Progress – For Now

Economic ties between Gulf Arab and Southeast Asian countries remain underdeveloped, however there is a solid foundation for and interest in deeper engagement on both sides.

Malaysian Prime Minister Anwar Ibrahim arrives ahead of the Member States of the Gulf Cooperation Council and the Association of Southeast Asia Nations Summit in Riyadh, Saudi Arabia, October 19, 2023. (Saudi Press Agency/Handout via REUTERS)