Iraq Moves to Strengthen Sovereign Credit Rating amid Economic Overhauls
Iraq is entering a pivotal phase of economic transformation, with fresh fiscal and administrative reforms aimed at securing an upgrade to its sovereign credit rating, according to a new report by the London-based International Center for Development Studies (ICDS). The…
Is Europe Ready of a Second Trump Term?
Quick Read: – EU nations fear Trump might reduce support for NATO, leaving Europe with greater economic burdens and alone against Russia. – Trump’s proposed tariffs on European exports could weaken the EU’s economy and shrink its industrial output. –…
Is the global economy at a crossroads?
The global economy, having overcome the challenges posed by the COVID-19 pandemic, now faces new and accelerating obstacles. Debt crises, rising inflation and interest rates, and declining trade performance have significantly pressured global economic growth, diminishing opportunities anticipated by investors…
The New Path to Innovation
By Haydar Al-Rikabi * From a young age, I found solace in walking through nature. There’s a unique joy that comes with immersing oneself in the vibrant tapestry of the natural world—listening to birdsong, feeling the gentle breeze, and witnessing…
Storm Surge: Economic Fallout of Hurricane Milton
Quick Reading: Hurricanes that have struck the US over the past two decades have caused over $1 trillion in damages. Although the total number of hurricanes from 2003 to 2023 has not significantly increased, their intensity has shown a notable…
What If U.S. Forces Withdraw from Syria?
The sudden and unexpected collapse of Bashar al-Assad’s regime in Syria has raised pressing questions about the country’s future, the actors vying for control, and how these forces will interact with their neighbors and the wider international community. Today, the…
Have Syrians Escaped the Specter of Division?
By Mohammad Ammar Khaled Al-Saeed* Yesterday, Syrians celebrated what many described as a national milestone, if not a dream come true—the downfall of the tyrant who fled the country after years of oppressive rule. Yet, while the people’s uprising succeeded…
The New Financial Capital of the Middle East
From Choice to Strategic Financial Hub Abu Dhabi is anticipated to emerge as the financial capital of the Middle East within the next decade. This prediction is based on the diversity of its capital markets, robust banking infrastructure, and flexible…
France’s Strategic Shift in the Middle East: Navigating Ties with Iraq Post-Coalition Withdrawal
France’s New Approach As its political and military influence wanes in Africa, France seeks to bolster its presence in the Middle East, specifically Iraq. While Iraqi Prime Minister Muhamad Shia Al-Sudani called for the international coalition, led by the United…
The Impact of Red Sea Tensions on the Global Economy
The Red Sea in the Spotlight Since the outbreak of conflict in Gaza, escalating events suggest a widening scope of the conflict to encompass broader regions in the Middle East. Daily military incidents along the Lebanese border, missile strikes, and…
Will Iraq’s Economy Escape the Ramifications of the Gaza War?
Confronting the factions The aftermath of the recent war in Gaza has quickly expanded to encompass other countries in the region, including Lebanon, Syria, Iraq, and Yemen. American bases in both Syria and Iraq witnessed multiple missile and drone attacks…
The war in Gaza undermines the Prospects of the Economic Corridor
The war in Gaza poses a significant challenge to the reshaping of economic corridors in the Middle East. The India to Europe Economic Corridor (IMEC), which extends from India through Israel, clearly clashes with the security factor, considered essential by…
Digitalization: The way to carbon neutral economy
Digitization plays an important role in our lives. In addition to its great role in analyzing data and benefiting from it in most aspects of economic, social and scientific life, it also contributes to providing a flexible, efficient and carbon-free…
An international initiative to solve the crisis in Sudan
The UK-based International Center for Development Studies has launched an initiative to resolve the conflict in Sudan. The initiative, which will be circulated to all parties to the conflict, aims to defuse the crisis and create a road map to…
Why Turkey seeks to create a buffer zone in Syria?
Turkey’s need and desire for energy, requires a bigger political role in the region. The existence of ISIS on Turkey’s borders would not be accepted, especially in the southeast region which contains undiscovered oil reserves up to 438 million barrels….
Who is the best rival?
The International Centre for Development Studies found that the strategic geographical location and the stable social environment in addition to the promising economic climate and diverse population are all factors that make Dubai’s opportunities larger than other competing cities. For…
What if the US and China turn into oil exporting countries?
A relentless race is taking place between the US and China to invest and make use of the discovered oil and gas reserves but the ecological issue is hindering the set plans. For more information please contact us.