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King Salman Bin Abdelaziz chaired a cabinet meeting at Al-Yamamah Palace in Riyadh on 25 January – his first known trip to the capital since July 2020, when he had received treatment at King Faisal Specialist Hospital for an inflamed gallbladder.

Kuwait
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Regional and international organisations Iran returns to the OIC: Three Iranian diplomats arrived in Saudi Arabia in mid-January to reopen the Islamic Republic’s representative office at the Jeddah-based Organisation of Islamic Co-operation (OIC).

Iran
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A scandal over healthcare procurement during the Covid-19 pandemic is threatening to break out and bring with it further discord between the National Assembly (parliament) and Prime Minister Sheikh Sabah Al-Khaled Al-Sabah’s government – which has already seen two ministerial resignations in the latest phase of Kuwait’s political crisis.

Kuwait
Issue 1142 - 01 March 2022

Bahrain eyes up oil privatisation

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The government is hiring financial advisers with a view to selling sell stakes in some of its oil and gas assets. A deal could involve a stock market listing or a private sale.

Bahrain
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The United States has announced further sanctions on a network – led by financier Said Al-Jamal – that it said helped fund the Houthi war effort

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Dubai Electricity and Water Authority (Dewa) has started testing its aquifer storage and recovery (ASR) project – the largest facility of its kind in the world – following the completion of first stage construction work.

United Arab Emirates (UAE)
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International oil companies (IOCs) have continued to receive payments from the Kurdistan Regional Government (KRG), despite the Federal Supreme Court’s decision to throw out the region’s oil law.

Iraq
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Sharjah Ruler Sheikh Sultan Bin Mohammed Al-Qasimi has laid the foundation stone for the Academy of Ecology and Natural Sciences (AENS) in the inland city of Al-Dhaid.

United Arab Emirates (UAE)
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GSN Risk Grade: B3↓ Recent developments Ukraine hesitancy: The government said it was watching developments in Ukraine “with deep anxiety”, following a Council of Ministers (cabinet) meeting at Al-Barakah Palace on 3 March chaired by Sultan Haitham.

Oman
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An attempt by GCC secretary-general Nayef Al-Hajraf to convene a fresh round of dialogue in Riyadh for Yemen war belligerents appears to have failed, with the Houthis refusing to take part. However, there are signs of further Saudi-inspired political initiatives to break the stalemate on the ground, which could have significant consequences for President Abd-Rabbu Mansour Hadi and the wider political process.

Saudi Arabia | Yemen
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US President Joe Biden has nominated Timmy Davis as US ambassador to Qatar. Arabic-speaking Davis spent almost a decade in the US Marine Corps before joining the diplomatic service.

Iraq | Qatar
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The Muscat Stock Exchange is to allow full foreign ownership of listed companies. In a brief statement issued on 28 March, the bourse said the cancellation of foreign ownership limits would make it more attractive to international investors.

Oman
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Personally popular with fellow rulers for his relaxed style, but often criticized for flaws in Bahrain’s management and its troubled relations with its majority Shia population, King Hamad Bin Isa Bin Hamad Al-Khalifa has ruled Bahrain for 22 years, first as emir and, since 2002, as its self-declared king.

Bahrain
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Sharjah Ruler Sheikh Sultan Bin Muhammad Al-Qasimi has stepped in to pay AED200,000 ($54,500) in ‘blood money’ to secure the release of a UAE woman from prison. Local media reported on 23 March that the unnamed woman had been jailed by a Sharjah court after one of her employees had been killed by electrocution.

United Arab Emirates (UAE)
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A key Chechen figure involved in Russia’s campaign around the now-devastated Ukrainian city of Mariupol is member of Russia’s State Duma (parliament) Adam Delimkhanov, who is also a cousin and close associate of Chechnya’s President Ramzan Kadyrov.

United Arab Emirates (UAE)