The ghost of inflation has reappeared in western economies, with consumer prices in the US rising 8 percent annually. Despite having their currencies tied to the US dollar, the Gulf countries have...OPEC must seize the opportunity to modernize its image
OPEC’s role has evolved considerably since its inception in 1960, but Western countries’ antipathy toward the bloc has been constant. For most of its history, being public enemy number one has been...Economic decoupling is a threat to world peace
Conflict between the world’s major powers is intensifying, and policymakers are actively disengaging their economies from those of their adversaries in an attempt to gain an advantage. While this...Free trade is crucial for global economic health as India-UAE agreement shows
Both India and the UAE will reap considerable benefits from their newly signed free trade agreement. In this regard, the deal represents a triumph for the technocrats who worked hard for several years...Avoiding the woke trap will make the Middle East’s society stronger
As the Middle East continues to develop, one outcome we should steadfastly avoid is woke culture, defined as “alertness to discrimination.” It will impede the process of diagnosing and solving our...No hiding place for nepotism when GCC nations remove monopoly protections
In December 2021, the UAE government announced that it would remove the monopolies on the sale of imported goods enjoyed by some Emirati family businesses. One of the biggest resulting benefits will...The inflation phenomenon isn’t a threat to GCC countries
US consumer price inflation has reached its highest level in four decades and is rising in several other advanced economies. However, in the GCC countries, it remains low, as their governments have...Replace hegemony with trade between neighbors and watch peace take root
Several traditionally conflicting Middle Eastern powers are poised to launch ambitious energy partnerships. While this brings the promise of a timely economic boost to all parties, its most important...