The correlation between real private sector non-oil GDP and oil revenue has weakened since 2018, suggesting the non-oil economy has become less dependent on the oil sector. – Tim Callen agsiw.org/continued-prog…

The Development Road project, a joint venture among Iraq, Turkey, the UAE, and Qatar could reshape economic and geopolitical contours in the Middle East, but substantial challenges will remain ahead. Yerevan Saeed agsiw.org/erdogans-landm…

While no child’s play, Israel’s response in this round of the conflict was limited, largely due to the diplomatic efforts of President Joseph R. Biden Jr. Ali Alfoneh علی آلفونه agsiw.org/irans-lessons-…

The UAE’s Masdar signs an agreement with Bapco Energies to build 2 gigawatt capacity wind projects in Bahrain. #GulfEconomicBarometer agsiw.org/gulf-economic-…

BlackRock and Saudi Arabia's PIF sign an MoU to establish an investment platform backed by up to $5 billion from the PIF. #GulfEconomicBarometer agsiw.org/gulf-economic-…

Erdogan’s Landmark Baghdad Visit Signals Support for Ambitious Infrastructure Project Yerevan Saeed agsiw.org/erdogans-landm…

The composition of Saudi Arabia’s GDP has become more diversified. The share of the private non-oil sector in total nominal GDP increased to 44.6% in 2023 from 39.6% in 2022 and 42.8% in 2018. – Tim Callen agsiw.org/continued-prog…

Absent U.S. pressure against Israel and the unequivocal refusal to participate in an Israeli attack against Iran, Israel may well have dealt a more humiliating blow to Iran, potentially pressuring Iran to retaliate and igniting a regional war. Ali Alfoneh علی آلفونه agsiw.org/irans-lessons-…

'قد تأتي الحرب المقبلة نتيجة خطأ في التقويم والحسابات كما جرى في هذا الشهر.' Hisham Melhem
agsiw.org/ar/iran-and-is…

'مهمتنا هي إنشاء منصة تعليمية تستخدم الفن كوسيلة لتعليم وتحفيز الشباب، مما يدفعهم لاستكشاف وتقدير تراثهم الثقافي'. - مشروع آفاق تأملية - @NadaAmmagu
agsiw.org/ar/education-i…

The main driver of the expansion of non-oil exports has been the tourist sector. In 2023, revenue from nonresidents visiting Saudi Arabia increased by 43% to $36 billion. – Tim Callen agsiw.org/continued-prog…

Iran’s recent experiences may also bolster the influence of factions within the regime advocating for a shift in Iran’s strategy, particularly regarding nuclear weapons. Ali Alfoneh علی آلفونه agsiw.org/irans-lessons-…

For The National, Robert Mogielnicki discussed the World Economic Forum’s special meeting on global collaboration, growth, and energy. thenationalnews.com/business/econo…

If petrochemical exports are excluded from non-oil exports on the grounds that these products are closely related to oil, diversification progress is even more evident. – Tim Callen agsiw.org/continued-prog…

What lessons has Iran learned from its first direct confrontation with Israel? How is Iran poised to adjust its tactics, and perhaps even strategy, to address its technological shortcomings? Ali Alfoneh علی آلفونه agsiw.org/irans-lessons-…

In today's edition of the #IranMediaReview , @alfoneh highlights newly released information about Brigadier General Mohammad Zahedi, a Quds Force officer killed in an Israeli strike April 1. agsiw.org/deep-bonds-for…

Deep Bonds: Former IRGC Chief on Slain Quds Force Field Commander for Syria and Lebanon #IranMediaReview Ali Alfoneh علی آلفونه agsiw.org/deep-bonds-for…

The simplest way to track progress with diversification is to look at a time series of the relevant variables and see if they are moving in a direction consistent with a more diversified economy. – Tim Callen agsiw.org/continued-prog…

The recent unprecedented direct exchange of fire between Iran and Israel has revealed the relative military weaknesses of Iran. Ali Alfoneh علی آلفونه agsiw.org/irans-lessons-…

Diversifying the economy away from oil is one of the key goals of Saudi Arabia’s Vision 2030 program. Data from 2022 indicated that progress was being made toward a more diversified economy. – Tim Callen agsiw.org/continued-prog…