Legacy: Gulf - AL-Monitor: The Middle Eastʼs leading independent news source since 2012

Legacy: Gulf

The PwC Tower, or Libeskind Tower, Milan, March 12, 2021.

Analysis

Can Gulf states slash costly reliance on Western consultancies?

A one-year ban on PwC acquiring work in Saudi Arabia has highlighted the Gulf states' dependency on Western firms and the need to develop local consultancies and talent.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Employees of Aramco oil company work in Saudi Arabia's Abqaiq oil processing plant on September 20, 2019.

Analysis

Can Saudi Arabia afford giga-projects with oil prices under $75 per barrel?

Riyadh could soon run a current account deficit as oil revenue declines amid huge spending commitments toward ambitious Vision 2030 projects. Saudi-led OPEC has also deferred an output increase plan to allow more time to reach desired oil prices.

Jennifer Gnana

Samuel Wendel

By Jennifer Gnana , Samuel Wendel

GIUSEPPE CACACE/AFP via Getty Images

UAE's final unit of Barakah nuclear reactor hooked to grid: What we know

The Emirates is the only Gulf country with a nuclear power program, though neighboring Saudi Arabia also has atomic power ambitions.

United Arab Emirates

A cargo ship is docked at the port of Yemen's Huthi-held city of Hodeida on July 28, 2024. Photo by -/AFP via Getty Images)

Saudi entity denies its ship hit as Houthis claim attack on Greek tanker

Saudi Arabia's national shipping company Bahri denied reports that its tanker Amjad came under attack by the Houthis, the Yemeni armed group that has stepped up attacks on oil tankers in the Red Sea.

Latest News

Analysis

Telegram CEO's arrest spotlights UAE’s investment-based citizenship laws

MUNICH, GERMANY - JANUARY 24: Pavel Durov of Vkontakte speaks during the Digital Life Design conference (DLD) at HVB Forum on January 24, 2012 in Munich, Germany. ence and culture which connects business, creative and social leaders, opinion-formers and investors for crossover conversation and inspiration. (Photo by Nadine Rupp/Getty Images)

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Heavy floods hit Dubai, airport as Oman toll rises to 18

Dubai's roads were badly hit by the heavy downpours

Agence France-Presse

Oman launches $5 billion 'Future Fund' in sign of economic progress

HAITHAM AL-SHUKAIRI/AFP via Getty Images

Al-Qaeda attack in Yemen kills 2 members of southern forces

Security forces deploy near Aden International Airport in Yemen's southern city on April 14, 2023 during a prisoner exchange between the internationally recognised-government and the Sanaa-based Huthi rebels.

U.S. President Barack Obama (seated) signs H.R. 6156, the Russia and Moldova Jackson-Vanik Repeal and Magnitsky Rule of Law Accountability Act, in the Oval Office of the White House in Washington, December 14, 2012. From L-R are: U.S. Sen. Ben Cardin, U.S. Sen. Joe Lieberman, U.S. Sen. Max Baucus, Obama, U.S. Rep. Steny Hoyer, U.S. Rep. Sandy Levin, U.S. Rep. Jim McGovern, and U.S. Rep. Gregory Meeks. REUTERS/Larry Downing (UNITED STATES - Tags: POLITICS) - GM1E8CF053K01

Magnitsky law spawns cottage industry of sanctions lobbying

The Magnitsky Act is being used in unexpected ways, with lobbyists pushing for human rights sanctions against nations on behalf of corporate clients.

Is Turkey about to lose its only ally in the Gulf?

As Qatar's crisis with its Gulf neighbors de-escalates, Ankara is concerned about losing its valuable ally.

A sign of Saudi Aramco's initial public offering (IPO) is seen during a news conference by the state oil company at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. REUTERS/Hamad I Mohammed TPX IMAGES OF THE DAY - RC1925242170

Where are the other IPOs in the Mideast?

The Middle East needs to grow companies that do not depend on the state as a key investor.

General view of the Gulf Cooperation Council (GCC) summit in Mecca, Saudi Arabia, May 30, 2019. Picture taken May 30, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC14404B7D30

Is it time for a historic paradigm shift in the Persian Gulf?

Could this be the moment for the countries in the Gulf region to realize they have a lot in common and take steps to reduce conflict?

Interview

Saudi Arabia still awaiting signs of ‘goodwill’ from Iran

In an exclusive interview with Al-Monitor, Prince Turki bin Faisal bin Abdul-Aziz Al Saud talks about the "dramatic effect" of the September attacks on Saudi Arabia’s oil fields, and says there will be no official Saudi contacts with Israel until the Palestinian issue is resolved.

Prince Turki bin Faisal bin Abdul-Aziz Al Saud

Prince Turki bin Faisal bin Abdul-Aziz Al Saud

Former Saudi Arabian Ambassador to the US

Turkey-backed Syrian rebel fighters return from the Syrian border town of Tal Abyad as they are pictured in Akcakale in Sanliurfa province, Turkey, October 18, 2019. REUTERS/Murad Sezer - RC1ED08DA570

Why Russia isn't bothered by US-Turkey agreement on Syria

Russia, which has been conducting its own whirlwind diplomacy this week, wasn't disturbed by the US-Turkey deal over northern Syria.

Putin's visit draws UAE, Russia closer

The UAE's welcoming ceremony for Putin outperformed that of the Saudis but this is not the only reason why the Russian president left Abu Dhabi happy.

How does Washington see Russia's Gulf security concept?

Washington ignores Moscow's initiative for the Gulf security architecture and there are some good reasons why.

Interview

UAE minister draws on the past to seize possibilities of AI future

In an exclusive interview with Al-Monitor, Omar Al Olama, the UAE’s minister of artificial intelligence, laid out his country's approach to AI, stating, “We do not believe that we need to wait and be followers in the AI revolution. We need to take the lead.”

NEW YORK, NEW YORK - SEPTEMBER 24: Lolwah Rashid Al-Khater, Spokesperson of the Ministry of Foreign Affairs of the State of Qatar, speaks at the APCO backstage studio during the 2019 Concordia Annual Summit - Day 2 at Grand Hyatt New York on September 24, 2019 in New York City. (Photo by Leigh Vogel/Getty Images for Concordia Summit)

Interview

Qatar spokesperson: Blockade 'existential threat' to GCC

In an exclusive interview with Al-Monitor, Qatar’s Foreign Ministry spokesperson remains optimistic that diplomacy in Afghanistan remains possible.

A metal part of a damaged tank is seen at the damaged site of Saudi Aramco oil facility in Abqaiq, Saudi Arabia, September 20, 2019. REUTERS/Hamad l Mohammed - RC1941E02750

Does Russia benefit from attack on Saudi oil facility?

The attacks on Saudi oil production facilities may bring Russia some short-term benefits, but the picture becomes more complicated in the long run.

BQAIQ, SAUDI ARABIA - SEPTEMBER 14, 2019: Smoke billows from Saudi Aramco's oil processing plants in Abqaiq and Khurais, Saudi Arabia. (Photo by Orbital Horizon/Copernicus Sentinel Data 2019/Gallo Images via Getty Images)

Iraq works to distance itself from US-Iran tension after Saudi Aramco attack

Baghdad is worried that the Sept. 14 attack on Saudi Arabia will affect Iraq's stability and relationship with neighboring countries.