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The paradox of the Lebanese pounds recent stability



[ © Executive ]

 Lebanon’s central bank Banque du Liban has achieved 12 months of exchange rate stability. Foreign currency reserves have recently clawed back above $10 billion. At the one-year mark of Wassim Mansouri’s reign as acting governor, economist Layal Mansour lauds his disciplined implementation of a quasi-currency board solution but urges this solution’s full and formal adoption.  

Kuwaits Big New Offshore Oil Find



[ © Arab Gulf States Institute in Washington ]

 Unlike its prolific onshore, Kuwait’s offshore had long been a desert for oil and gas. Now the country has changed that, reporting a large discovery at the Al-Nokhatha field, named for the captain of a dhow, the traditional Gulf ship. How useful is this for the country, and does it herald a turnaround in Kuwaiti petroleum?  

Bridging Africas digital divide



[ © Geopolitical Intelligence Services ]

 Countries across Africa have experienced massive internet connectivity disruptions this year due to cuts in the undersea fiber cables in the Red Sea and along Africa’s east and west coasts. This has left much of the continent disconnected from the digital world that many rely on for essential services, e-commerce, business and daily life.  

Who Speaks for Africa at COP? Power and Politics at the UN Climate Negotiations



[ © Carnegie Endowment for International Peace ]

 Although all of Africa contributes less than 4 percent to global greenhouse gases annually, many African countries are especially vulnerable to extreme weather events and are unable to adapt to long-term changes in the climate. African countries experience an average of 5 to 15 percent GDP loss per year due to climate change.  

Emerging Lessons from MINUSMAs Experience in Mali



[ © International Peace Institute ]

 Established in 2013 by the UN Security Council, the United Nations Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) aimed to stabilize the situation in northern Mali, support the political transition, protect civilians, and promote human rights amidst ongoing conflict and instability. The mission’s mandate evolved over its ten-year tenure to address the changing political and security landscape, leading to its withdrawal at the request of the Malian government in 2023.  

The UAEs Path to Food Self-Sufficiency



[ © Arab Gulf States Institute in Washington ]

 During the coronavirus pandemic, disruptions to global supply chains exposed the United Arab Emirates’ vulnerability to food security issues, posing challenges in maintaining consistent food imports. The UAE government successfully ensured supermarket shelves were stocked by swiftly implementing various safeguarding measures.  

UAE and Saudi Arabias agricultural diplomacy in Africa: Competition, cooperation and its strategic implications



[ © Observer Research Foundation ]

 With scarce arable land and water resources, the United Arab Emirates (UAE) and Saudi Arabia depend heavily on food imports, as do other Gulf countries. The COVID-19 pandemic, the war in Ukraine war, and negative impacts of climate change exacerbated the challenge and exposed the vulnerability of their existing food supply chains.  

New forms of work and platform work in the southern and eastern Mediterranean



[ © European Training Foundation ]

 Based on a comprehensive analysis drawing from extensive research, web scraping, data mining and interviews with stakeholders, this regional report focuses on the evolving trends, opportunities, and challenges shaping the digital economy, the future of work and the related skills requirements in Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestine and Tunisia.  

United Nations Secretary-Generals Call to Action on Extreme Heat



[ © United Nations ]

 Extreme heat is deadly and disrupts economies and societies. Modelled estimates show that between 2000 and 2019, approximately 489,000 heat-related deaths occurred each year, with 45 per cent of these in Asia and 36 per cent in Europe1. Heat exposure related loss in labour capacity resulted in average potential income losses equivalent to US$863 billion in 20222  

A Palestinian-led approach for Gazas day after



[ © Middle East Institute ]

 A number of plans have been proffered for addressing the post-conflict environment. One oft-cited proposal calls for “regional and non-regional states to implement a Multinational Authority to temporarily administer Gaza.” However, the willingness of countries in the region to participate in such an effort remains questionable, absent the setting of a timeline for the establishment of a Palestinian state, which Israel continues to resist.  

Reading Of The Week: Will the G3 of Maghreb states reshape the balance of power in North Africa?



[ © Manara ]

 The prospect of Maghreb states’ unity in transforming the oil-rich North Africa, once the breadbasket of the Mediterranean, into a more integrated region of stability and growth was buried at the Carthage summit in April 2024 with the launch of a tripartite initiative bringing together Tunisia, Algeria and Libya, nicknamed the G3.  

Ecological Security Threats in North Africa for 2040



[ © Council on Strategic Risks ]

 Climate change is one of the world’s most prominent challenges, with serious impacts on food systems around the world. These impacts include low agricultural productivity, food insecurity due to water scarcity, and desertification. North Africa is considered a hot spot for climate change. A combination of water scarcity and desertification is taking its toll on many countries in the region, leaving many communities under stress.