Group items tagged

Despite Mohammed bin Salman's ambitions, which include overhauling the kingdom's economy away from its reliance on oil, the prince has faced criticism for the Saudi-led war in Yemen, which he oversees as defence minister. The war, launched more than two years ago, has failed to dislodge Iranian-allied rebels known as Houthis from the capital, Sanaa, and has had devastating effects on the impoverished country. Rights groups say Saudi forces have killed scores of civilians and have called on the United States, as well as the UK and France, to halt the sale of weapons to Saudi Arabia that could be used in the Yemen war.

Saudi Arabia and the UAE have become India’s fourth- and third-largest trade partners, respectively, as well as some of its largest sources of oil. Over the last five years, the two countries have also pledged a combined total of $170 billion to help India develop its infrastructure in the energy and industrial sectors. An important factor in the growing economic relations between India and the Gulf is the vast Indian diaspora in the region, with 2 million Indian expatriates in Saudi Arabia and around 3 million in the UAE, who respectively send $11.2 billion and $13.8 billion in remittances back home every year.

While both of these Gulf states maintain their political ties with Pakistan, they prioritize investments in India. This subtle shift has had a geopolitical effect, as both Gulf states have toned down their rhetoric condemning India on its policy toward Kashmir, a region disputed between India and Pakistan. For example, the timing of the announcement of Saudi Aramco’s $15 billion investment in India in August 2019, one week after New Delhi’s controversial move to revoke Kashmir’s special status, seemed like a gesture indicating that Saudi Arabia was no longer willing to let the Kashmir issue be an obstacle to better ties with India. Similarly, the UAE also announced that it viewed India’s Kashmir decision as “an internal matter”—New Delhi’s preferred language for its dispute with Islamabad.

blaming Muslims for the spread of the coronavirus in India seems to be a step too far for important actors in the Gulf—and could even upend its relations with the region. One key factor is that India’s approach toward Muslims is no longer simply an internal matter if its citizens based in the Gulf also promote Islamophobic rhetoric.

Online hate speech from Indians based in Gulf states also led to an unprecedented statement from the Indian ambassador to the UAE warning against discrimination. Other Indian embassies also urged the Indian diaspora to remain vigilant against statements that could sow religious discord. Recognizing the need to further placate rising concerns, Subrahmanyam Jaishankar, India’s minister for external affairs, spoke to his counterparts in the UAE, Qatar, Oman, and Saudi Arabia to reaffirm that India would continue to provide food supplies to Muslims during the holy month of Ramadan and would make available any medical treatment required to fight the pandemic.

A senior Biden adviser told me, during the transition between election and inauguration, that the region would rank “a distant fourth” in Biden’s priorities, after Asia Pacific, Europe, and South America

As Trita Parsi recently put it in Foreign Policy, “It’s not so much anything Washington has done but rather what Washington has stopped doing—namely, reassuring its security partners in the region that it will continue to support them unconditionally, no matter what reckless conduct they engage in.”

Biden’s pushback also marks a departure from President Obama’s policy, which, in many ways, perpetuated Washington’s accommodation of Saudi interests—a carryover from U.S. policy dating back to just after World War II—despite his avid desire to “pivot” away from the region. For instance, in order to placate Saudi anxieties over his signing of the Iran nuclear deal (which would involve lifting U.S. sanctions against Tehran), Obama allowed Riyadh to use American munitions against Iranian-backed rebels in the Yemen war. (Obama later regretted this concession.)

in recent years, the Saudi Crown and other Sunni powers have cozied up with Israel, a partner in the cold war with Iran—which, even if the Saudi-Iranian talks are fruitful, isn’t about to vanish

Ignore moral values for a moment. Is there any reason, on strictly geopolitical grounds, for an American president to accommodate Saudi interests when they compromise our own? No.

Letting Saudi Arabia and Iran reach some modus operandi on their own does not reflect a decline of American power, nor is anyone likely to see it that way. It’s more likely to be seen as a sensible end to the squandering of our resources.

Any movement in a defence system deal would likely cause disquiet in Washington, which is sending 3,000 troops and additional air defence systems to Saudi Arabia following the attacks.

"We don't believe that having close ties with Russia has any negative impact on our relationship with the United States," he told reporters on Sunday. "We believe that we can have strategic and strong ties with the United States while we develop our ties with Russia."

Sudan wasn’t following the script of Bahrain, where the demonstrators dispersed after a single crackdown, or Egypt, where the army took control through co-option and repression.

A major split between Saudi Arabia and the UAE was on show in July when the latter abruptly withdrew most of its forces from Yemen. No official explanation was given, but the decision was evidently not coordinated with Saudi Arabia, which remains bogged down in an intractable war. The UAE’s decision also shows it can be mercurial and that its policies towards the Horn of Africa may be less strategic and more opportunistic than commentators have assumed.

Egypt prides itself on understanding Sudan and sees Saudi Arabia and UAE as newcomers seeking influence solely by dispensing money. Egypt limited its demands on Sudan to handing over Egyptian Islamists in exile, suspending the deal for Turkey to develop a naval base, and ceding its territorial claim to the Halaib Triangle.

As Arab countries find themselves pulled in to the internal negotiations among the Sudanese, they will face another potential point of contention. Sudan doesn’t just need democracy, but peace. This means a role for the Islamists both in Khartoum and the provinces. For a decade, the custodian of the Darfur peace process has been Qatar, the troika’s arch rival, and it will be impossible to ignore Qatar’s role or that of Sudan’s diverse constituency of Islamists. Some of these dynamics are already playing out and reveal the lack of a common strategy among the Arab troika

After the secession of South Sudan in 2011, Sudan lost 75% of its oilfields and an even greater proportion of its hard currency earnings. The following year, it literally struck gold and within a few years, gold was providing 40% of Sudan’s exports. As much as a third of it, however, came to be smuggled to Libya, Chad or directly by plane to the region’s biggest gold market in Dubai. The government in Khartoum, desperate to control the commodity, responded by using the Central Bank of Sudan as its sole buying agent, paying above the market price to gold traders and printing money to cover this outlay. Buying gold to convert to hard currency became the engine of Sudan’s inflation, which skyrocketed. By 2018, the price of essential commodities such as bread and fuel was so high relative to stagnant wages that the people across the country took to the streets to protest.

Hemedti. His RSF militia controls the gold mines and he personally owns a number of concessions. Through Sudan’s monetary policy, vast resources were transferred from wage earners in the centre of the country to militiamen and gold traders in the peripheries

Hemedti has also benefited massively from providing mercenaries, which may be Sudan’s second biggest source of foreign exchange today. A few months after the Saudis launched their war in Yemen in March 2015, Sudan volunteered to send troops. The first contingent was a battalion of the regular army, but then Hemedti struck a parallel deal to dispatch several brigades of RSF fighters. Within a year, the RSF comprised by far the biggest foreign contingent fighting in Yemen with at least 7,000 militiamen. Hemedti was paid directly by Saudi Arabia and the UAE for this service. He says he deposited $350 million in the Central Bank, but has not said how much he kept to himself for his own enrichment or political spending.

the Central Bank of Sudan has become an instrument for Hemedti’s political finance. And since becoming the central actor in Sudan’s ruling cabal in April, he has exerted an even tighter grip on gold production and exports while moving aggressively into other commercial areas. He has increased the RSF’s deployment in Yemen and sent a brigade to fight in Libya alongside General Khalifa Haftar, who is backed by Egypt and the UAE, almost certainly in return for Emirati financial rewards. Hemedti is also expanding his family business conglomerate, the Al-Junaid companies, and running his political business on the basis of personally handing out cash to key constituents such as tribal chiefs, the police, and electricity workers.

none of this addresses Sudan’s macroeconomic crisis: its rampant inflation, rapidly increasing arrears on international debt, and ostracism from the dollar-based international financial system

Sudan’s Gulf patrons are bailing out the country with a $200 million monthly subsidy in cash and commodities, but the bailout amounts needed will quickly become too big even for the oil-rich Gulf States’ deep pockets

a clash between Hemedti’s political market logic and Sudan’s macroeconomy is looming.  The Sudanese technocrats associated with the FFC are well aware of this, which is why the economists called upon to put themselves forward for cabinet positions have been reluctant to agree. There is a race between Hemedti’s consolidation of power and a re-run of the economic crisis and protests that led to al-Bashir’s downfall.

as Sudan’s economic crisis deepens, they will have to turn to the IMF and western creditors for assistance

Leaks reveal insiders’ growing uneasiness, which points to the elephant-in-the-room question: Will MBS’ grandiose venture bankrupt the kingdom?

Saudi private investors will also be encouraged to pitch in during a potential public listing of Neom in 2024. That raises questions about how consensual this private investment will be. Indeed, Saudi Arabia reportedly “bullied” several of the kingdom’s wealthiest families to become cornerstone investors out of “patriotic duty” in the IPO of Saudi energy firm Aramco in 2019.

a large chunk of Saudi money carefully set aside for decades to fund the transition to a post-oil era will pay for Neom's astronomical price tag. A bet on an unproven vision

“Infrastructure spending is like doing lines of cocaine; you have to do bigger and bigger and bigger lines just to feel high,”

Neom’s initial burst of economic activity, if unsustainable at a similar pace, would simply be "stealing" future economic benefits to create an illusion of growth right now

perhaps the motive is not sustainable growth at all, but creating what Pettis calls a "pyramid effect." This would be an attempt to copy monarchs of ancient Egypt who redistributed wealth to the population through jobs – paid laborers built Egyptian pyramids, not slaves. Although Saudi Arabia’s oil wealth is already redistributed to ordinary Saudis through public-sector jobs and subsidies, a large tranche is retained and stored in its sovereign wealth funds and U.S. Treasuries. In theory, flushing Saudi citizens with cash would stimulate the local non-oil economy. But in practice, the pyramid effect is likely to first and foremost cause economic leakages, as the kingdom imports most of what it consumes locally, including labor, despite the “Saudification” of the labor market being one of Vision 2030’s key priorities. Migrant workers account for about 77 percent of private sector jobs. At Neom, highly paid Western consultants are toiling to match MBS’ demands, and Asian low-income workers are building it, remitting Saudi money home.

Riyadh sweetened the project’s launch party with a flurry of social reforms, such as lifting the ban on women driving. (Saudi Arabia was the last country in the world to lift this kind of ban, and it didn’t do so as a principled stand on behalf of women’s rights.) The idea was not only creating a buzz among investors and the global public, but whipping up aspirational momentum among Saudis.

60 skyscrapers that were built in Riyadh’s financial center are still standing largely empty.

MBS, high on his visionary self-branding and his concentration of power, may have to pay the costs of bankruptcy – whether by admitting full responsibility or via a renewed deployment of decidedly imperious and despotic tactics to crush dissent. The latter path is, of course, what the late Shah of Iran chose, with notorious results.

Iranian officials have not publicly identified him as a nuclear scientist, referring to him only as an Iranian citizen.

Iran's foreign minister, on Wednesday accused the US of involvement in Amiri's disappearance.

"We have found documents that prove US interference in the disappearance of the Iranian pilgrim Shahram Amiri in Saudi Arabia,"

Meir Javedanfar, an Iran analyst based in Tel Aviv, said the most likely scenario was that Amiri had defected.

it is possible he is what some people call a 'walk-in'

we can't rule out that he perhaps walked in himself with the information in order to give himself up and work with the Americans."

Turkish, Arabic and Israeli media suggested he defected to the West, but his family has dismissed that.

Javedanfar also said Amiri's disappearance in Saudi Arabia would be of particular concern to Tehran.

"They scored a victory in the Lebanese elections where Hezbollah [which is backed by Iran] lost, and now we see the Saudi king in Damascus. The Iranian press see that as an effort by Riyadh to reduce Iran's hand.

"If you put all these together, I think the Iranian government is particularly worried that this happened on Saudi soil."

Malek Ashtar University, where Amiri reportedly worked, is involved in the implementation of "special national research projects" and has faculties in aerospace, electrical engineering and other topics, according to the university's website.

Amiri disappeared more than three months before the disclosure of a second uranium enrichment facility that Iran has been building near the city of Qom.

The underground plant was kept secret until Iran disclosed its existence last month.

Diplomats say it did so only after learning that Western intelligence agencies had discovered the site.

The tribal moderns may endorse Islamism, or liberal democracy, but the fact of the matter remains constant. From the perspective of regimes, they are a dangerous bunch, simply because if they invoke tribal solidarities, they may be heeded by their fellow cousins, both imaginary and real.

No doubt, activists in Kuwait and other GCC countries will fall under the heavy weight of a pact designed above all to control, monitor and punish dissidents. The GCC itself may not move from cooperation to unification in the near future but it has certainly become yet another mechanism to silence peaceful and legitimate opposition across borders. Read More: http://www.al-monitor.com/pulse/originals/2015/03/saudi-gcc-security-dissident-activism-detention-opposition.html Madawi Al-Rasheed Columnist  Dr. Madawi Al-Rasheed is a columnist for Al-Monitor and a visiting professor at the Middle East Centre at the London School of Economics and Political Science. She has written extensively about the Arabian Peninsula, Arab migration, globalization, religious trans-nationalism and gender. On Twitter: @MadawiDr !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+'://platform.twitter.com/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs'); function target_popup(a){window.open("","formpopup","width=400,height=400,resizeable,scrollbars");a.target="formpopup"}

Saudi Arabia is entirely dependent on oil and gas for its electricity production, and according to SPA its energy demand is growing between six and eight percent annually

France and Saudi Arabia announced a feasibility study for building two nuclear reactors in the kingdom

China has not signed the international Arms Trade Treaty, or ATT, meaning it has fewer restrictions on the sale of drone technology

“Countries with less-than-ideal human rights records tend to use their weapons in less-than-ideal human rights manners, whether it’s a drone or a water cannon."

Saudi Arabia and the UAE are believed to have used the drones in their war in Yemen. While there are not verified reports of drone attacks, evidence of their use includes satellite photographs, as well as images of a drone resembling a CH-4 shot down by Houthi fighters.Saudi Arabia has been condemned by a host of bodies including the Human Rights Watch, Amnesty International and the European Parliament for apparent indiscriminate attacks on civilians in Yemen.

while drones offer safety for operators, leaked reports from the US drone programme suggest that up to 90 percent of those killed in drone strikes may be unintended targets, or "collateral damage". 

Such an environment also enables these regimes to clamp down on dissent at home with impunity. Terrorism becomes a catchall term to justify repression. In Saudi Arabia, even atheists are defined as terrorists under existing anti-terrorism laws

David Duke, the former Ku Klux Klan leader who visited Damascus in 2005 to show solidarity with the Syrian regime against Zionism and imperialism, frequently expressed support for Syrian President Bashar al-Assad despite the dictator’s vicious campaign against his own people. In a 2017 tweet, he wrote, “Assad is a modern day hero standing up to demonic forces seeking to destroy his people and nation – GOD BLESS ASSAD!” Similar Assad-friendly sentiments have been expressed by far-right figures in Europe

as European countries increasingly became critical of Saudi Arabia last year after the growing casualties in the Yemen war, the imprisonment of women activists, and the murder of the Washington Post columnist Jamal Khashoggi, Riyadh turned to the right wing for support. Among other efforts, a delegation of Saudi women was dispatched to meet with the far-right bloc of the European Parliament. According to Eldar Mamedov, an advisor to the European Parliament’s social democrats, Saudi Arabia subsequently became a divisive issue in Brussels, as left-of-center forces pushed for resolutions against the kingdom while right-wing forces opposed them

These regimes intentionally push propaganda about political and religious activists from their countries now living in the West to marginalize and silence them in their new homes. Many of these individuals fled repression and sought protection in democracies; labeling them as religious or stealth jihadis makes it easier to discredit their anti-regime activism. The rise of powerful Western Muslim activists and politicians adds to these regimes’ anxiety about their own domestic stability.

Some terror groups have gained from the influx of US arms, with the barrier of entry to advanced weaponry now lowered by the laws of supply and demand. Militia leaders have had ample opportunity to obtain military hardware in exchange for the manpower to fight the Houthi militias. Arms dealers have flourished, with traders offering to buy or sell anything, from a US-manufactured rifle to a tank, to the highest bidder. And Iran's proxies have captured American weapons they can exploit for vulnerabilities or reverse-engineer for native production.

these shops don't just take individual orders, they can supply militias -- and it's this not-so-hidden black market that in part is driving the demand for hi-tech American weapons and perpetuating the cycle of violence in Yemen

Once the intellectual heart of the country, Taiz is now a tinder box that set off a war within a war last year, when the various militias backed by the Saudi-led coalition turned their guns on each other. Amid the chaos of the broader war, al Qaeda in the Arabian Peninsula (AQAP) made its way to the frontlines in Taiz in 2015, forging advantageous alliances with the pro-Saudi militias they fought alongside. One of those militias linked to AQAP, the Abu Abbas brigade, now possesses US-made Oshkosh armored vehicles, paraded in a 2015 show of force through the city. Abu Abbas, the founder, was declared a terrorist by the US in 2017, but the group still enjoys support from the Saudi coalition and was absorbed into the coalition-supported 35th Brigade of the Yemeni army.

In October 2015, military forces loyal to the government boasted on Saudi- and UAE-backed media that the Saudis had airdropped American-made TOW anti-tank missiles on the same frontline where AQAP had been known to operate at the time. Local officials confirmed that the airdrop happened, but CNN's attempts to conduct further interviews were blocked and the team was intimidated by the local government. A local activist joked that the weapons had probably been sold on.

Recipients of US weaponry are legally obligated to adhere to end-use requirements which prohibit the transferring of any equipment to third parties without prior authorization from the US government. That authorization was never obtained.

"The United States has not authorized the Kingdom of Saudi Arabia or the United Arab Emirates to re-transfer any equipment to parties inside Yemen," Pentagon spokesman Johnny Michael told CNN. "The US government cannot comment on any pending investigations of claims of end-use violations of defense articles and services transferred to our allies and partners."

MRAPs like these, captured on the battlefield, have been probed by Iranian intelligence, according to a member of a secret Houthi unit backed by Iran known as the Preventative Security Force. The unit oversees the transfer of military technology to and from Tehran.

Iranian and Hezbollah advisers have already gotten their hands on the armored vehicles and other US military hardware

The flood of US weaponry is fueling a conflict that has killed tens of thousands -- among them children on school buses and families fleeing violence -- and pushed millions more to the brink of famine.

too many powerful political figures and key armed actors in the region have been prospering greatly from the conflict and, as a result, they lack the incentives to agree to a peace process that would threaten their financial gain

The US is by far the biggest supplier of arms to both Saudi Arabia and the United Arab Emirates, and its support is crucial to the Saudi coalition’s continuing war in Yemen.

The opposition says part of the rational behind the multi-billion dollar Saudi development could be a plan by Riyadh to establish a staging post and special economic zone, complete with port facilities, for oil and gas exports to Asia, particularly to China.

with climate change and rising sea levels, there is a very real possibility that the majority of the island nation’s land area will be underwater by the end of the century

Abdulla Yameen, the current president – who has strongly denied allegations about government corruption made recently by the Qatar-based Al-Jazeera network - has stressed the need for economic growth and sees the giant Saudi investment as key to future prosperity.“We do not need cabinet meetings under water,” says the government. “We need development.”

There are also fears that the development, with its large-scale building work and dredging activities, will threaten irreparable damage to what is one of the world’s most pristine but vulnerable ecological regions.

Islam in the Maldives has traditionally blended elements of Sufism and other religions; in recent years, a stricter form of Saudi-style "Wahhabism" has predominated. There are concerns that a number of people from the Maldives are believed to have joined the Islamic State (IS) group in Syria and Iraq.

The Saudis have pledged to build what they describe as 10 "world class" mosques in the archipelago and have donated $100,000 for scholarships to study in Saudi Arabia. 

In early 2016, the government in Male cut diplomat ties with Iran

The growing ties between Riyadh and Male have been causing some concern in the region, particularly in India.Last year the Binladin Group, the troubled Saudi construction conglomerate, was awarded – for an undisclosed sum – a contract to build a new international airport in the Maldives. A previous agreement with an Indian company to build the airport was terminated; it is likely the Maldives will have to pay millions of dollars in compensation. 

Analysts say the Asia trip is about extending Saudi influence and diversifying the Kingdom’s economy away from oil and gas and investing in the region.

Yemen has become the world’s worst humanitarian crisis — which MBS, as defense minister, shamefully intensified with his order last week to blockade all entry points into the country

the much-lauded MBS has in fact proved to be the reverse Midas — everything he touches turns to dust. Maybe the authors of that scathing BND memo underestimated just how much of a disaster this favored son of Salman would be both for the kingdom and for the wider region. The inconvenient truth about the crown prince is that he isn’t only impulsive, he’s incompetent; he isn’t only ambitious, he’s reckless. He is also a nationalist and a hawk who is bent on turning the long-standing Saudi/Iran cold war into a very hot war — and is even willing to ally with Benjamin Netanyahu’s Israel in order to do so. If MBS is the new “leader of the Arab world”… then Allah help the Arab world.

U.S. officials say the U.S.-Saudi relationship is too important to let languish given Riyadh’s economic and political clout and Beijing’s courtship of traditional U.S. partners in the Middle East.

Following Blinken’s meetings, differences appeared to remain over Saudi Arabia’s ambitions to generate nuclear power, seen by Washington and others as a potential proliferation risk, and the notion that the United States has a right to admonish the kingdom over its human rights record

a steady stream of high-level U.S. meetings in the kingdom in recent months, including trips by national security adviser Jake Sullivan, CIA Director William J. Burns, Biden’s top Middle East adviser Brett McGurk, and his senior energy security official Amos Hochstein.

The oil-rich country has sought to present itself as a global player unmoored to Washington. In recent months, Riyadh has been on a diplomatic tear, winding down hostilities in Yemen, restoring relations with arch-nemesis Iran, inviting Syrian President Bashar al-Assad back into the Arab League after a decade-plus ban, and ending its regional tiff with Qatar.

Saudi Arabia’s relationship with China, which the United States considers its top economic and security competitor, was also raised during Blinken’s news conference in Riyadh. The top U.S. diplomat denied any suggestion that the United States was forcing Saudi Arabia to choose between Washington and Beijing.AdvertisementA second leaked U.S. intelligence document from December warned that Saudi Arabia plans to expand its “transactional relationship” with China by procuring drones, ballistic missiles, cruise missiles and mass surveillance systems from Beijing. But U.S. officials say those warnings were exaggerated and did not come to fruition.

“China is the world’s second-largest economy. China is our largest trading partner. So naturally, there is a lot of interaction … and that cooperation is likely to grow,” he said. “But we still have a robust security partnership with the U.S. That security partnership is refreshed on an almost daily basis.”

Cambridge Analytica’s parent company, SCL Social Limited, worked with the UAE to create a social media advertising campaign attacking Qatar, a Gulf rival that’s home of the largest U.S. military base in the region. Though better known its use of “soft power” through projects like Al Jazeera, Qatar has also been reported to use disinformation, as well as allegedly hacking the email of the Emirates’ powerful ambassador to Washington.

the Emiratis worked with ex-NSA spies to hack the devices of U.S. citizens. And both Saudi Arabia and the UAE are among the biggest customers of NSO, the Israeli firm that sells the spyware Pegasus, which they have used to target dozens of activists, journalists and academics

In 2011, during the heady days of the Arab Spring, social media and digital technology was touted as the force that would help liberate the region from authoritarian rule and bring democracy. Now, authoritarian regimes in the Gulf, along with Western companies and expertise, are using digital technology and social media to try and hack democracy wherever they find it, including in the U.S. The effect is clearest, however, in the Middle East. With critics silenced through incarceration, surveillance, torture, or death, opposition voices are increasingly fearful of self-expression, meaning that the digital public sphere is simply a space to praise the regime or engage in banal platitudes.

Tehran has previously lodged a complaint against Iran International over its programming, but Ofcom ruled that the London-based television network had not broken any rules.

British newspaper The Guardian reported in Oct. 2018 that Iran International had financial ties to MbS. The Guardian charged that the TV network was "being funded through a secretive offshore entity and a company whose director is a Saudi Arabian businessman with close links to the Saudi crown prince." A month later, Iran International issued a statement denying any links to any governments, including Saudi Arabia, and insisted that it "does not advocate any movement or party or government." Some of Iran International's high-profile staff have stirred controversy for often expressing opinions on social media that may be in contravention of the outlet's editorial guidelines.

Iranian authorities have long taken issued with foreign-based Persian-language news networks, accusing them of being tasked with attacking the Islamic Republic. Salami's warning to the Saudi royal family comes as Tehran and Riyadh are working toward mending relations and re-establishing diplomatic ties. The IRGC commander's apparent criticism of Saudi media indicates that it will be brought up in the anticipated next round of talks between the two sides in Iraq.

The GCC’s outward investments in equity markets, especially towards Europe and the US, means it is also more integrated globally. And it has large amounts of foreign direct investment in infrastructure, agriculture and real estate across the MENA region.

The strength of their economic influence in the region lies in huge flows of capital – often a mixture of remittances, foreign aid, and foreign direct investment under the auspices of state-related bodies. This has enabled the Gulf states to usurp international institutions in shaping economic reform across the MENA region, especially in Egypt and other oil importers.

Politically, however, the GCC is engaged in numerous interventions across the region that have caused significant disorder and pose a threat to their mutual economic prosperity. The Gulf states were successful in crushing the Arab Spring within their own countries and cementing their development agenda. By contrast, their interventions in Libya, Syria, Yemen and Egypt have stoked the chaos there, putting the stability of the region at risk.

In each of these interventions, there is an incumbent economic cost to the GCC states. The war in Yemen is probably the best example of a mounting military expenditure that will only be dwarfed by the cost of re-building Yemen, which surely the UAE and Saudi Arabia will have to help foot. The Gulf States would therefore be wise to start dovetailing their foreign policies with their economic interests by fostering stability instead of conflict.