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Subscriber

UAE state-owned defence conglomerate Edge Group has been showcasing its drones, guided munitions, electronic warfare products and other wares at the Expodefensa 2023 trade fair in Bogota, Colombia, held from 5-7 December.

United Arab Emirates (UAE)
Subscriber

Amid the attention garnered by the UAE with the COP28 climate change summit in Dubai, a number of female members of Gulf royal families have been getting involved in the environmental debates.

Issue 1182 - 08 December 2023

Riyadh sets out spending plans for 2024

Free

The Saudi government has set out SR1.25tn ($333.6bn) worth of spending plans for 2024, in a budget statement issued on 6 December.

Saudi Arabia
Subscriber

Polls will be held on 18 December in all parts of Iraq other than the Kurdistan region. The vote will be an important test for the relative strengths of the main Shia and Sunni blocs, but will also offer an insight into the standing of those behind the 2019 Tishreen protest movement.

Iraq
Issue 1182 - 12 December 2023

Yemen: Houthis attack Red Sea shipping

Subscriber

Red Sea attacks: Houthi forces launched missile and drone attacks against three commercial ships and a United States Navy vessel in the southern Red Sea on 3 December. The first attack targeted Bahamas-flagged bulk cargo ship Unity Explorer at 9:15 am Sanaa time, but the missile missed. Later in the day Unity Explorer was hit by another missile, causing minor damage.

Yemen
Free

The decision by Iraq’s Federal Supreme Court to remove Mohammed Rikan Hadid Al-Halbousi from his position as speaker of the Council of Representatives (parliament) could undermine the court’s standing and increase the likelihood that it will turn it into another political battleground.

Iraq
Subscriber

Saudi-headquartered multilateral the Arab Petroleum Investments Corporation (Apicorp) unveiled a new identity, rebranding as The Arab Energy Fund, during the COP28 climate talks on 4 December.

Saudi Arabia | Bahrain
Subscriber

Abu Dhabi Crown Prince Sheikh Khaled Bin Mohammed Bin Zayed Al-Nahyan approved a package of AED7.6bn ($2bn) worth of housing loans and other benefits for UAE nationals in the emirate in late November.

United Arab Emirates (UAE)
Subscriber

Islamic Republic of Iran Armed Forces chief of staff Major General Mohammad Bagheri held a phone call with Saudi  defence minister Prince Khalid Bin Salman on 30 November, which Iranian media described as the first step towards developing bilateral defence ties.

Iran
Subscriber

The Royal Court announced on 1 December the death of Prince Mamdouh Bin Abdelaziz, a half-brother of King Salman Bin Abdelaziz. Crown Prince Mohammed Bin Salman (MBS) performed the funeral prayers at the Grand Mosque in Mecca on the same day.

Saudi Arabia
Subscriber

With a change of leadership, more macroeconomy savvy approach and an embrace of new technologies, Oman has found a private sector-led recipe for diversification that should prepare it for life beyond hydrocarbons dependence.

Oman
Subscriber

The prospect of the UAE vice president gaining control of the influential right-wing newspaper is causing concern among many in the UK’s ruling Conservative Party – and may yet be thwarted by an official investigation. But the prospective deal highlights how Mansour Bin Zayed Al-Nahyan is steadily expanding his international media portfolio, increasing Abu Dhabi’s soft power in the process.

United Arab Emirates (UAE)
Issue 1182 - 12 December 2023

Oman manages squeeze on oil output

Subscriber

For all its public emphasis on post-carbon development, Oman remains dependent on oil and gas revenues – and National Center for Statistics and Information (NCSI) data suggest it has marshalled that income well, despite Opec+ production cuts. The pain of those cuts has been cushioned by record condensate production, which is classed as ‘liquids’ from gas output.

Oman
Issue 1182 - 08 December 2023

Putin flies into Abu Dhabi and Riyadh

Subscriber

Russian President Vladimir Putin made an unexpected visit to the UAE and Saudi Arabia on 6 December – a rare foreign excursion for a leader who has tended to stay close to home since launching the invasion of Ukraine in February 2022. Notably, neither Gulf country is a signatory to the International Criminal Court, which in March issued an arrest warrant for Putin over Russian war crimes in Ukraine.

United Arab Emirates (UAE) | Saudi Arabia
Subscriber

A showcase mega-event has its downsides, even while the climate  talks place the UAE at the centre of the global stage.

Saudi Arabia | United Arab Emirates (UAE)