Issue 1179 PDF: Monarchies try to limit regional and domestic fallout from an unexpected Gaza war


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Issue 1179 - 26 Oct 2023

 

Governments across the region are trying to ensure the war between Hamas and Israel doesn't escalate beyond their control, with its expansion onto other fronts a particular fear. Meanwhile they are trying to assuage the anger many citizens feel towards Israel’s actions in Gaza. GSN analyses the latest phase of the conflict, its impact on the Gulf monarchies and popular responses across the region.

The potential for Iran’s ‘Axis of Resistance’ network to destabilise the wider region has been manifest in attacks on bases hosting US troops in Iraq and Syria by IRGC-backed militias. GSN looks into the attacks and analyses the Axis of Resistance’s membership. 

Even before the new Middle East war shattered comfortable assumptions about regional security, the global economic climate remained hostile, as shown in analysis of the International Monetary Fund’s new reports on the global outlook and regional economic performance. GSN takes the temperature of oil, growth and other key economic indicators. 

China’s People’s Liberation Army Navy has used a routine rotation of its ships based in Djibouti to double its regional presence, just as the US Navy is preparing to deploy its first aircraft carrier strike group to the region for two years.

Among articles in Energy and industry, GSN examines QatarEnergy's new long-term agreements with European partners that could complete its order book for gas from North Field expansion projects. There is also a deep dive into Sheikh Ahmed Dalmook Juma Al-Maktoum and his Blue Carbon company's deals across Africa.

Oman’s economic liberalisation drive has produced a record breaking IPO, covered in one of this issue’s Risk management reports. The other RMR covers Kuwait.

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