The prince, who’s the son of King Salman, is leading Saudi Arabia’s biggest-ever economic shakeup, moving to cut subsidies and diversify the economy away from oil by generating an extra $100 billion in non-oil revenue by 2020. Read Here – Bloomberg
While the immediate catalyst for economic restructuring is the impact of the sharp fall in international oil prices, the rationale for these reforms has been evident for much longer. With oil sales generating the bulk of government revenues, and with the public sector being the predominant employer, Saudi officials have long worried that the Kingdom’s […]
Saudi Arabia, America’s oldest ally in the Middle East, is in the midst of the most profound changes in decades. The leadership is going through an unprecedented generational change and has adopted an aggressive foreign policy. The driver of change is the king’s favorite son, Deputy Crown Prince and Minister of Defense Mohammed bin Salman. Read […]
Much has been written and said in recent months about what some — myself included — have described as a “strain” in US-Saudi relations. Those who subscribe to this view have focused on what appears to be a philosophical difference between the administration of President Barack Obama and the Saudi leadership. Read Here – Al Monitor
In fact, Saudi Arabia is no state at all. There are two ways to describe it: as a political enterprise with a clever but ultimately unsustainable business model, or as an entity so corrupt as to resemble a vertically and horizontally integrated criminal organization. Either way, it can’t last. It’s past time U.S. decision-makers began […]
This January King Salman will mark a year as leader of Saudi Arabia. As the new cabinet in Riyadh adjusts to the personal proclivities and vision of King Salman for the year ahead, it will face pressures to maintain its unity and support for a new set of policies for the Kingdom, even as realities […]
The Gulf Cooperation Council (GCC) seeks to portray itself to the outside world as a unified entity, particularly during periods of heightened regional instability, such as Saddam Hussein’s invasion of Kuwait and the 2011 Arab uprisings. Yet below the surface, the Council’s six monarchies are divided internally by historic rivalries, changes in leadership and a […]
The first visit to Washington by Salman bin Abdul-Aziz Al Saud as the Saudi monarch comes as the kingdom faces multiple difficult challenges. The Sept. 4 summit will do little to address Saudi Arabia’s deep problems, because they are impervious to an American solution. Read Here – Al Monitor
In spite of the internal stability in Salman’s reign, and despite the absence of an internal rival or opposition to the rule of Al Saud so far, the fourth Saudi state does not seem good for the grandchildren. The security and military crises on the northern and southern borders and the fiscal deficit in the general budget […]
Saudi Arabia’s aggressive, interventionist foreign policy has so far led it to wage two external wars in addition to an ongoing battle on the domestic front. The government does not appear to be fighting the three campaigns with the same degree of commitment and dedication, but more important, none of its battles is yet to result in victory. Read […]
looking beyond borders 