Group items tagged

he Guggenheim: The Making of a Museum, an exhibition hosted by the Tourism Development & Investment Company (TDIC) at the Emirates Palace opens tonight with a selection of 50 of the most important paintings from the Guggenheim New York collection.

The Guggenheim: The Making of a Museum, an exhibition hosted by the Tourism Development & Investment Company (TDIC) at the Emirates Palace opens tonight with a selection of 50 of the most important paintings from the Guggenheim New York collection.

he Guggenheim: The Making of a Museum, an exhibition hosted by the Tourism Development & Investment Company (TDIC) at the Emirates Palace opens tonight with a selection of 50 of the most important paintings from the Guggenheim New York collection.

Investment

he Guggenheim: The Making of a Museum, an exhibition hosted by the Tourism Development & Investment Company (TDIC) at the Emirates Palace opens tonight with a selection of 50 of the most important paintings from the Guggenheim New York collection.

he Guggenheim: The Making of a Museum, an exhibition hosted by the Tourism Development & Investment Company (TDIC) at the Emirates Palace opens tonight with a selection of 50 of the most important paintings from the Guggenheim New York collection.

The Guggenheim: The Making of a Museum, an exhibition hosted by the Tourism Development & Investment Company (TDIC) at the Emirates Palace opens tonight with a selection of 50 of the most important paintings from the Guggenheim New York collection.

Taking the viewer on a journey from the impressionist works of late 19th century from Paul Cezanne and Henri Matisse through to the post-war abstract paintings from Jackson Pollock and Mark Rothko and beyond to the mid-1960s, the show is intended to to tell the story of how the original museum was founded

“We have to admit that the eye is a muscle and the more it is used, the stronger it gets. We are aware that not everyone in the [Abu Dhabi] audience has a long history of looking at this type of art so we want to introduce them gently.”

This would be the first in a series of exhibitions from the Guggenheim Foundation leading up to the opening in 2013.

While the Saudi economy has been losing out, others have been gaining a bigger piece of the pie. The UAE has seen its share of regional FDI more than double over the past six years, from 19% in 2012 to 41% in 2017

even Qatar – which has been the subject of an economic boycott by Bahrain, Egypt, Saudi Arabia and the UAE since June last year – managed to increase its FDI take in 2017, attracting $986m compared to $774m a year earlier

significant divestments and negative intra-company loans by foreign multinationals

FDI to Saudi Arabia has been contracting since the global financial crisis in 2008/09. And although there has been a similar pattern across the region – inflows to West Asia have fallen in most years since hitting a peak of $85bn in 2008 – the performance of Saudi Arabia last year is still appreciably worse than any other economy in the immediate neighbourhood. It is also far worse than the global picture – worldwide FDI inflows were down 23% last year to $1.43 trillion

the authoritarian tendencies of the Saudi regime have at times undermined the confidence of potential and actual investors alike

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.

profound geopolitical shifts have now renewed the Middle East’s interest in the Horn and reinvigorated the strategic significance of countries west of the Red Sea. The two main reasons for this are the war in Yemen and deepening intra-Gulf rivalries. These factors have led three main groups to vie for influence in the Horn: the Arab axis (led by Saudi Arabia and UAE, but including Egypt and Bahrain); the Iran axis; and the Qatar-Turkey axis.

Saudi Arabia is reportedly developing a military base in Djibouti and is considering Ethiopian requests to supply it fuel for a year with delayed payments. Meanwhile, the UAE has agreed to provide Ethiopia with huge loans, investment and infrastructure support; it has upgraded Eritrea’s Assab port and constructed a military headquarters nearby from which it has launched offensives into Yemen; and its company DP World has secured contracts worth hundreds of millions of dollars to develop the ports in Berbera and Bosaso, located in the semi-autonomous regions of Somaliland and Puntland respectively.

main aim is to isolate Iran, with which it has a long-standing feud, and contain the influence of the Qatar-Turkey Axis, which it accuses of promoting “political Islam”.

Qatar and Turkey also have deep footprints in the Horn through development aid, trade, and investments in infrastructure. Both are heavily involved in Somalia, where Turkey manages the capital’s ports and airports and has a military base. And both are investing heavily in Suakin in Sudan, with Qatar announcing a $4 billion plan to develop the port this March. There are reports that Qatar has also financed Ethiopia’s Grand Renaissance Dam, drawing anger from Egypt and its Arab allies, though Ethiopia has denied these claims.

Somalia has been particularly affected by intra-Gulf rivalries as some regional governments have pulled in opposite directions in an aim to consolidate alliances across the sea.

Amidst the growing competition for influence among the Middle Eastern axes, Addis Ababa has managed to avoid taking sides – at least publicly – and leverage its geostrategic significance as the region’s hegemon to attract much-needed investment from several different partners.

Ethiopia has also positioned itself well to benefit from the complex scramble for Red Sea ports. The land-locked country relies on Djibouti for nearly 97% of its imports, but now has clear avenues for diversifying its routes to sea. The rapprochement with its neighbour should give it access to Eritrean ports, while the UAE’s development of Berbera in Somaliland will give it another crucial option. Ethiopia defied the Somali federal government’s objections when it supported the UAE’s deal with the semi-autonomous region, but in return it has acquired a 19% stake in the project.

The combination of Gulf’s transactional politics and Africa’s often kleptocratic leadership could prove treacherous as historic rivalries take on new twists and matters develop beyond the Horn’s control.

A year after DP World finalized an agreement with the semiautonomous region of Somaliland to develop a $442 million commercial port in Berbera, Ethiopia inked a deal with the port operator and Somaliland's government to acquire a 19 percent stake in the port. There are reportedly plans for DP World to upgrade the connectivity infrastructure linking Berbera to the Ethiopian border that would allow Addis Ababa and potentially greater East Africa to reduce their sole dependence on Djibout

The intra-Gulf Cooperation Council crisis has added another destabilizing variable, as countries, parties, and elites in East Africa have been forced to choose sides

Along with the competition by outside players has come greater leverage for Horn of Africa countries, whose elites have long been adept at playing external patrons off one another. Ethiopia has to some degree succeeded in diluting Abu Dhabi's reliance on its enemy, Eritrea, by supporting its plans for the Berbera port. In 2015, after losing access to Djibouti for military operations, the UAE constructed a base in the coastal Eritrean city of Assab, which has been vital to its operations in southern Yemen. By supporting the UAE's military and commercial infrastructure plans in Somaliland, Ethiopia — the Horn of Africa's largest and most powerful country — also contributed to the fracturing of Somalia by encouraging the de facto consolidation of Somaliland's independence

In Sudan, the UAE and Saudi Arabia have led efforts to rehabilitate President Omar Bashir in the international community by lobbying for U.S. sanctions on Sudan to be lifted. Bashir agreed to cut ties with Iran and send troops to fight for the Saudi-led coalition in Yemen

Bashir also agreed to lease Turkey the Red Sea island of Suakin for development. Though Turkey has denied it, concerns quickly arose that Ankara planned to build a new military base on the island, which would be its second in the Horn of Africa with the first in the Somali capital of Mogadishu.

The confidence with which Horn of Africa elites are pursuing their own interests at the risk of angering new patrons underscores the high stakes for the participants in this so-called "new scramble for Africa," and also their long-term intent. Djibouti in particular emerged over the past decade as a strategic focal point next to the Bab el-Mandeb shipping lane, existential for the flow of Gulf energy to Europe and goods between Asia and Europe. It has leveraged its location for lucrative basing deals for current and emerging world powers alike. The United States, China, Japan, Saudi Arabia, and former colonial ruler France all have bases in Djibouti.

the UAE's longer-term interests — as well as those of its competitors — are economic and strategic. The country is working to make itself an essential component of China's Belt and Road Initiative and secure Dubai's Jebel Ali as the key logistics and trade hub linking Asia to Africa via DP World infrastructure, in the face of competition by a glut of new ports built by rivals with similar ambitions in Iran, Pakistan, Oman, and elsewhere along the Horn of Africa

ports projects in Rwanda, Mozambique, Algeria, and Mali

State-backed and private investors from the UAE have invested in a wide range of non-energy sectors, from finance and banking to construction, tourism, food, entertainment, and agri-business

The UAE is also trying to make the nature of its engagement more attractive for African governments and private sector partners: Rather than following the path of China, which has been perceived negatively as following a pseudo-colonial model in Africa, it is looking more toward the Turkish model. Investments such as DP World's in Somalia or military bases come with packages of infrastructure investment, training, and education for workers and security forces, as well as inducements such as greater numbers of visas to the UAE

Food and water security continues to be an important interest for the UAE and other Gulf countries in East Africa. Emirati companies are seeking to avoid the political pitfalls that have caused past investments in land for food production to fail. Privately owned Al Dahra Holding, which owns farmland in Africa, claims to use a 50-50 sharing formula for produce with local companies and hires local workers

The UAE is the largest trading partner for Moscow in the Gulf Cooperation Council, with the trade balance reaching $1.7 billion in 2018. Close to 1 million Russian tourists visited the UAE last year, spending $1.3 billion in the country, which puts Russians among the top vacation spenders there

Even if Russia is seen as a risky market to invest in, Abu Dhabi rulers know very well how to make calculated and strategic investments in Russia to win Putin’s favor. In his opening speech at the meeting with representatives of Russian and UAE business circles, Putin welcomed Emirati Tawazun Holding’s decision to take a 36% stake in the Russian luxury car maker Aurus, Putin’s pet project.

everything was made to impress the Russian delegation and demonstrate the kind of exclusivity the Emiratis attach to the relationship with Russia

the frequency of the crown prince’s visits to Russia

While Moscow and Abu Dhabi find themselves on opposite sides on a number of issues such as the role of Iran in Syria, there appears to be a lot of coordination on foreign policy issues between the two governments behind the scenes. When the infamous Seychelles meeting between Kirill Dmitriev, the head of the Russian Direct Investment Fund who is believed to be one of the central figures in forging the Russia-UAE alliance, and Erik Prince became known to the public, it was shocking to many how deep and elaborate ties between Moscow and Abu Dhabi actually are

Moscow finds in the UAE leadership an avid supporter of secular militaristic regimes in the Middle East, which Russia itself heavily banks on. In Libya, Sudan and Yemen, both Russia and the UAE find themselves backing the same forces and oftentimes working together to prop them up

It is highly unlikely that the UAE would have decided to reopen its embassy in Damascus in December 2017 had it not been for Moscow’s clout in Syria and its ability to balance Iran; this gave Russia a further step forward when it came to the legitimization of the Assad government in the Arab world

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.

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.”

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.

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.

Saudi Arabia, long sensitive to western criticisms of its human rights record, believes the inquiry has been prompted by Shia activists from Bahrain, including those striving to overthrow the Sunni monarchy there

"Saudi Arabia's relations with the GCC is an internal matter among the six countries and we will not tolerate or accept any foreign interference in the workings of the GCC"

Saudi Arabia is a huge trading and defence partner for Britain with nearly £4bn of bilateral trade last year. According to the UK Trade and Investment Office there are approximately 200 UK/Saudi joint ventures with total investment of more than £11bn. Defence deals include the £7bn BAE Systems contract supplying the next tranche of Typhoon jets. Thousands of British expatriates work in Saudi Arabia and British companies involved there include Shell, GlaxoSmithKline, BAE Systems, Rolls Royce and Marks & Spencer

Revenues from tourism — one of Egypt's biggest money makers and job sources — fell 30 percent to $9 billion in 2011 and foreign investment has largely dried up. That has forced the country to seek billions of dollars in assistance from the International Monetary Fund and raised the possibility of a cut in subsidies that keep commodities like fuel and bread cheap for a population of about 82 million, 40 percent of whom live near or below the poverty line.

Chinese companies also import Egyptian oil products and raw materials such as cotton, while exporting automobiles, electronics and other finished goods.

Morsi is to leave Beijing on Thursday to attend the world gathering of self-described nonaligned nations in Iran, the first visit to that country by an Egyptian head of state since relations between them were severed in 1979.

even if Suez Canal traffic were miraculously to increase, the benefits of a major logistical hub on its flanks are less than certain. Neither Egypt nor any other Middle Eastern or North African country is a major manufacturing centre. Intra-industry trade, which is that essentially conducted within multinational corporations as they integrate production of goods in many countries, is abysmally low in the Middle East and North Africa, whereas it is booming in East Asia. So the question of what purpose a logistical hub would serve is highly pertinent.

the Red Sea is not exactly a hospitable political environment. The ongoing war in Yemen, increasing instability in Eritrea and Ethiopia, persisting violence in Somalia and Egypt, protracted conflict in Sudan and South Sudan, piracy, and growing competition for port access between the UAE, Saudi Arabia, Djibouti, China, the US and others contain the seeds for turmoil that could negatively impact tourism in the region

What benefits then might Egypt anticipate from the reported $10 billion investment? The principal one seems to be contracts for military owned or associated construction companies, just as was the case with the digging of the parallel channel to the Suez Canal.

As military men they are interested in generating business for that sector of the economy they have come to control. From their perspective the $10 billion is not an investment in Egypt's future so much as it is a payment to the Egyptian military for being supportive of Mohammad bin Salman and his ambitions

costs of what appears to be a large scale, military dominated construction project are economic, environmental and political

Turning military owned and associated construction companies loose in the southern Sinai and along the foreshores of the Gulfs of Aqaba and Suez is a recipe for environmental disaster, as the current situations on the Mediterranean North Coast and western shore of the Gulf of Suez attest. The fragile marine environment has already sustained enormous damage to reef and other aquatic life.

buying Egyptian political insurance for his $10 billion, a price that Egypt may ultimately find to be very high

This was not the first time Charles Kushner solicited funds from the Qataris, but it is the first direct pitch known to be made to the minister of finance himself. Notably, the play came after Trump’s election.

The news of Kushner Companies’ direct pitch to the Qatari government puts a Wednesday report from the Washington Post into broader context. U.S. intelligence services, the paper reported, had determined that officials in four countries — the United Arab Emirates, China, Israel, and Mexico — had been privately discussing how to use Jared Kushner’s real-estate investments as a way to gain leverage over him in order to influence official U.S. policy.

In 2016, the military and other security institutions were given exemptions in a new value-added tax (VAT) law enacted as part of IMF-inspired reforms. The law states that the military does not have to pay VAT on goods, equipment, machinery, services and raw materials needed for the purposes of armament, defense and national security.The Ministry of Defense has the right to decide which goods and services qualify. Civilian businessmen complain that this can leave the system open to abuse. Receipts for a cup of coffee at private sector hotels, for example, add 14 percent VAT. Receipts at military hotels do not. Employees at the military-owned Al-Masah Hotel in Cairo told Reuters that no VAT was charged when renting venues for weddings and conferences.

The Ministry of Military Production is projecting that operating revenues from its 20 firms will reach 15 billion Egyptian pounds in 2018/2019, five times higher than in 2013/2014, according to a ministry chart. The ministry does not disclose what happens to the revenues. The chairmen of two of the firms said profits go to the ministry or are reinvested in the business.

“I don’t want to be a local shop. I want to be a company that has the capacity to export and compete internationally.”

Egypt’s military, the biggest in the Arab world, has advantages.It enjoys financial support from Saudi Arabia and the United Arab Emirates, staunch supporters of Sisi since he toppled the group they see as a threat to the Middle East, the Muslim Brotherhood. Western powers see Cairo as a bulwark against Islamist militancy. Egypt receives $1.3 billion in military aid annually from the United States alone.

The chairmen of two military engineering companies, Abu Zaabal Engineering Industries Co and Helwan Engineering Industries Co, said in recent years it had become much easier to access financing through the Ministry of Military Production.

The Ministry of Military Production signed a memorandum of understanding with China’s GCL Group last week to build a solar panel factory worth up to $2 billion. The military has taken over much of the construction of intercity roads from the Ministry of Transport and now controls the toll stations along most major highways.

Economists and investors say reforms tied to a $12 billion three-year IMF program signed in Nov. 2016 should lay the ground for economic expansion. But foreign investors are still shying away from Egypt, apart from those focusing on the more resilient energy sector. Non-oil foreign direct investment fell to about $3 billion in 2017 from $4.7 billion in 2016, according to Reuters calculations based on central bank statistics.  

foreign investors were reluctant to invest in sectors where the military is expanding or in one they might enter, worried that competing against the military with its special privileges could expose their investment to risk. If an investor had a business dispute with the military, the commercial officer said, there was no point in taking it to arbitration. “You just leave the country,” he said.

Among projects the Ministry of Military Production announced in 2017 was a plan to plant 20 million palm trees with an Emirati company and build a factory to make sugar from their dates. It agreed with a Saudi company to jointly manufacture elevators. The military inaugurated the Middle East’s biggest fish farm on the Nile Delta east of Alexandria.

In 2015, the defense minister issued a decree exempting nearly 600 hotels, resorts and other properties owned by the military from real estate taxes

Military companies receive an exemption from import tariffs under a 1986 law and from income taxes under a 2005 law. Cargoes sent to military companies do not have to be inspected.

At bustling Cairo squares, people line up to buy subsidized meat and other food handed out from trucks sponsored by the military. Sisi said he had instructed the military to enter the market “to supply more chicken to push down prices.”Some disagree with such measures on the grounds the military’s mission is to protect the country from external threats.“We have reached a point where they are competing even with street vendors,”

Another element of this legacy is the paranoia that makes it difficult for regional governments to distinguish between academic researchers and spies

Imagine if Syria had imprisoned a British PhD student and kept them in solitary confinement for seven months with one consular visit—or if Iran covered up the brutal murder of an Italian PhD student by their police forces, as happened in Egypt in 2016. The double standards pertaining to academic freedom and the rule of law in countries formally allied with the United States and Europe and those characterized as rogue actors is so obvious it barely merits pointing out. The Emirati authorities certainly recognize this, and will continue to exploit this double standard so long as it remains intact.

Oil money, along with a new generation of rulers eager to use military intervention to demonstrate their power to domestic and foreign audiences, has made the Gulf not just a major weapons customer but an industry partner. The story of the UAE today is no longer Dubai’s position as a global finance hub, but Abu Dhabi’s position as an emerging player in high-tech weapons development.

it is no coincidence that two decades of research and funding for domestic weapons development in the UAE is now manifested in armed interventions in Yemen, Libya and the horn of Africa

Matt’s arrest and detention, therefore, is a clear message from UAE authorities that research into the country’s growing arms industry is off-limits, in much the same way that researchers and activists working on labor rights have found themselves surveilled, intimidated and imprisoned

The slow erosion of public funding for universities has bled dry the resources reserved to support PhD students, meanwhile trustees and consultants urge the adoption of for-profit business practices that generate return on investment, including partnering with defense technology firms for research grants.[3] The fact that educational institutions must go begging—hat in hand—to billionaire philanthropists and weapons conglomerates reflects both the growing share of defense industry involvement in industrial and research activities as well as the failure of our political system to levy sufficient taxes on the ultra-rich to directly fund basic investments in public education.

what does the weakening of US and European governments vis-à-vis their Gulf counterparts mean for the protection of students and scholars conducting overseas research?

Before my research on the Gulf, my focus was on the role of regional militaries (primarily Egypt and Jordan) in their domestic economies. The more I studied these cases the more I realized their military economies are not some peculiarity of third world political development, but a legacy of colonial militarization, the obstacles facing newly-independent states trying to industrialize their economies, and the extraordinary organizational and financial resources that weapons producers dedicate to proliferating their products all over the globe.

I do not know of any studies estimating the total number of academics and non-government researchers working on security and military-related issues across the globe, but I expect it is in the tens of thousands at the very least. At my home institution alone—The George Washington University—there are maybe a dozen faculty working on everything from the psychology of drone operators to the role gender plays in government defense contracting—and I’m pretty sure none of these people are spies. This kind of security studies—which examines topics like defense technology, the global arms industry and government contracting—is a growing field, not least due to the proliferation of information about these issues coming from the booming private sector. And as multinational defense firms and their complementary industry partners continue to chase investment shifting from the core capitalist countries to emerging regional powers like the Gulf States these latter sites will become increasingly important targets for such research.

Matt’s case should make us question not only the safety of Western researchers and our students but, more importantly, the continued harassment, intimidation and imprisonment of academics and democratic activists across the Middle East.

The acquisition would mimic the 2017 purchase of celebrated soccer star Neymar by Qatar-owned Paris St. Germain for US$277 million intended to demonstrate that the Gulf state was unaffected by the then several months-old Saudi-UAE-led economic and diplomatic boycott.

a decision by the Premier League to reject the acquisition of Newcastle would be perceived as yet another of Prince Mohammed’s self-inflicted public relations fiascos that include multiple failed attempts to position the kingdom as a powerhouse in international soccer governance

Prince Mohammed is betting that the Premier League at a time of economic crisis and with Britain needing to forge new trade relationships in the wake of its departure from the European Union may not want to slam the door on a wealthy investor and/or jeopardize British relations with the kingdom.

Saudi Arabia responded in 2018 to Canadian criticism of the kingdom’s human rights record by withdrawing its ambassador and freezing all new trade and investment transactions. German criticism of a failed Saudi attempt to force the resignation of Lebanon’s prime minister led that same year to a de facto downgrading of diplomatic relations and reduced trade.

The League has tightened its criteria to test potential club owners on their integrity and reputation. The criteria include ensuring that a potential owner has not committed an act in a foreign jurisdiction that would be a criminal offence in Britain, even if not illegal in their own country.

Supporters of the acquisition argue that it bolsters Prince Mohammed’s reforms in a soccer-crazy country and reaffirms his push to break with the kingdom’s austere, inward-looking past. They reason further that it will bolster investment in Newcastle and surroundings at a time of impending economic hardship.

Supporters only need to look at Manchester where the United Arab Emirates’ acquisition of Manchester City more than a decade ago has benefitted not only the club but the city too.

supporters of Newcastle are likely to welcome the financial injection and departure of the club’s unpopular current owner, Mike Ashley, and ignore condemnation of the deal by human rights activists, including Amnesty International, as “sportswashing, plain and simple.”

could reflect a sea change in the UAE’s power projection tactics on the Red Sea and the Horn of Africa. On the surface, it appears as if the UAE is retrenching from the region. In October 2019, the UAE officially withdrew its military presence from Aden, and on Feb. 18, the UAE dismantled its base in Assab, Eritrea, which assisted its military intervention in southern Yemen.

UAE is reorienting its Red Sea strategy away from direct military intervention and toward a synthesis of economic investment and remote power projection. The UAE’s transition from a security-premised to economy-focused strategy in Somaliland, which was illustrated by Abu Dhabi’s September 2019 conversion of its proposed military base in Berbera into a civilian airport, was a critical dimension of its strategic reorientation. The UAE’s expanded economic footprint in Somaliland, which will result from Naqbi’s appointment, is complemented by its prospective construction of an Ethiopia-Eritrea oil pipeline and provisions over $200 million to Sudan’s agriculture sector.

UAE is also quietly consolidating a sphere of influence around the Bab el-Mandeb Strait

If the UAE’s closer economic cooperation with Somaliland extends to the security sphere, as Gabobe postulates, Abu Dhabi will be able to expand its maritime security role in this region, even though it is not part of the formal Red Sea coalition established in January 2020.

The UAE’s expanded influence in Somaliland will sharpen its rivalries with Turkey and Qatar in the Horn of Africa and complement its residual network of Southern Transitional Council-aligned militias in southern Yemen.

"Among the Gulf countries, the UAE is the leader in terms of trade with Russia,"

Putin and Prince Mohammed also met Emirati astronaut Hazzaa al-Mansoori, who last month became the first Arab to reach the International Space Station, to which Russia currently enjoys a monopoly on manned flights.

Putin's Monday visit to US ally Riyadh, where he signed deals worth billions of dollars, came amid efforts to calm soaring tensions between the kingdom and its rival Iran. Despite its alliance with Tehran, Moscow has improved ties with Riyadh in recent years, hosting King Salman on the first official trip to Russia by a Saudi monarch in October 2017.     

Now that the Emiratis have broken the ice, opportunities for Arab-Israeli energy deals are broad and lucrative, ranging from investment in the Israeli pipeline itself, to adapting it for carrying natural gas or connecting it to pipelines across Saudi Arabia and the wider Middle East

Just over 60 years ago when it was built, the Eilat-Ashkelon pipeline was a massive national construction project aimed at guaranteeing Israel’s and Europe’s energy supplies in the wake of the 1956 Suez crisis

Most of the oil flowing through the pipeline came from Iran, which had close but discreet relations with Israel for decades under Shah Mohammad Reza Pahlavi. In 1968, the Israeli and Iranian governments registered what was then called the Eilat-Ashkelon Pipeline Co. as a 50-50 joint venture to manage the export of Iranian crude through Israeli territory and onward by tanker to Europe

A Swiss court ordered Israel in 2015 to pay Iran compensation of about $1.1 billion as a share of profits from the joint ownership of the pipeline since the two enemies broke off relations in 1979, but Israel has refused to pay up.

While the company’s main 42-inch pipeline was built to transport Iranian oil north to the Mediterranean, it now does most of its business in reverse. It can pump oil unloaded in Ashkelon from ships sent by producers such as Azerbaijan and Kazakhstan to tankers in the Gulf of Aqaba for transport to China, South Korea, or elsewhere in Asia

The pipeline’s advantage over the Suez is the ability of the terminals in Ashkelon and Eilat to accommodate the giant supertankers that dominate oil shipping today, but are too big to fit through the canal. Known in oilspeak as VLCCs, or very large crude carriers, the ships can transport as much as 2 million barrels of petroleum. The 150-year-old Suez Canal, on the other hand, is only deep and wide enough to handle so-called Suezmax vessels, with just half the capacity of a VLCC

The company’s business has always been one of Israel’s most closely guarded secrets. Even today, EAPC releases no financial statements. Levi says he can’t disclose the names of customers—though he says they include “some of the biggest companies in the world.” What little information that is publicly known only came to light as the result of legal battles following a 2014 rupture in the pipeline that caused the worst environmental disaster in Israeli history, spilling more than 1.3 million gallons of crude oil into the Ein Evrona desert nature preserve.

The boycott enforced by Saudi Arabia, the UAE, and their oil-producing neighbors meant that tankers acknowledging their docking in Israel would be barred from future loadings in the Persian Gulf, effectively destroying their business. The details are highly confidential—but generally the ways ships can obscure their activities include turning off their transponders, repainting, reflagging, reregistering, and faking their docking records.

EAPC’s business model improves dramatically with the erosion of the Arab boycott. “If the concerns [with secrecy] go down significantly, the price will drop significantly,”

Saudi Arabia has indicated it won’t establish formal links until the Palestinian conflict is resolved, although its business connections with Israel are plentiful and growing

Because of the canal’s limitations, much of the Gulf crude bound for Europe and North America gets pumped through Egypt’s Suez-Mediterranean Pipeline, in which Saudi Arabia and the UAE hold a stake. Egypt’s pipeline, however, operates in only one direction, making it less useful than its Israeli competitor, which can also handle, for example, Russian or Azerbaijani oil heading to Asia.

Even more possibilities arise from Israel’s discovery of a bounty of natural gas deposits off its Mediterranean coast that can supply far more than Israel’s own needs. Bringing in Gulf investors in addition to Israel’s current partners such as Chevron, and the possibility of connecting to the Middle East’s gas pipeline grid, would open yet another new horizon for Israel’s nascent energy industry.

The Nile Delta—where agriculture employs one-fifth of the country’s workforce and is responsible for 12% of its GDP and much of its food supply—is being hammered by rising sea levels, rising temperatures, and a growing shortage of water.

rapid urbanization and population growth

Climate adaptation solutions that could keep environmental problems from turning existential—fixing the battered and wasteful irrigation network, expanding affordable access to improved seeds and climate-smart farming technologies, and more effective and equitable regulation of urban development on agricultural land—are being rolled out by the government and research groups, but often slower than the pace of climate impacts. That’s left Egypt’s economy and food security exposed to growing risk.

“We’re really squeezed and marginalized here, and the government isn’t helping,” said one farmer down the road from Abdullah, who requested anonymity to speak frankly (with tens of thousands of political prisoners, Egypt’s restrictions on free speech are also gaining prominence ahead of COP27).

his children see no future in agriculture

Around 1805, an Ottoman general named Muhammad Ali took control of the country, and founded the dynasty of kings that would rule—eventually under British colonial supervision—for 150 years. One of Ali’s most enduring marks on the country was the establishment of the first modern network of dams and irrigation canals in the Delta, which allowed tens of thousands of new acres to come under cultivation.

water and land played a crucial role in Nasser’s legacy. 12% of the country’s arable land was owned by the aristocracy; Nasser nationalized this land and distributed it to about 340,000 impoverished rural families. He also further extended Ali’s irrigation network and oversaw construction of the Aswan High Dam, which brought an end to the Nile’s ancient seasonal flooding and fixed the river in its present position, with just two remaining branches forking through the Delta.

Egypt’s population has since more than quadrupled, to 104 million. Yet the flow of the Nile, which supplies more than 95% of the country’s water, has remained more or less constant. In the 1990s water availability fell below the international “water poverty” benchmark of 1,000 cubic meters per person per year.

Egypt has managed that scarcity by meticulously recycling agricultural water and, in recent years, curtailing the production of water-intensive crops like cotton and rice and importing 40% of its wheat and other food staples.

The population is still growing quickly, and could reach 160 million by 2050. The Grand Ethiopian Renaissance Dam that is nearing completion upstream could cut the flow of Nile water into Egypt by a quarter during the as-yet-unknown number of years it will take to fill its reservoir. By 2100, climate change-related heat waves upstream could reduce the Nile’s flow by 75%, Abousabaa said.

rising temperatures and falling rainfall mean crops—which consume 86% of Egypt’s water supply—will require more irrigation to survive.

current annual demand for water is about 35% higher than what the country receives from the Nile, groundwater, and a very small amount of rain—a deficit of about 20 billion cubic meters. To cover it, she said, Egypt will need to use every drop multiple times, aggressively minimize wastage, and boost the supply by investing $2.8 billion in dozens of new desalination plants with the aim to produce 5 billion cubic meters annually by 2050.

On the western fringe of the Delta, farms and suburbs are gradually overtaking the desert as the central Delta grows more crowded. Here, water is even scarcer and the impacts of climate change are more pronounced. But in this and a few other desert areas around Egypt, the government is working to link more than 1.5 million acres to groundwater irrigation, and says it is about one-third of the way there. Land reclamation could take some pressure off the Delta, and sandy soils are well-suited for the production of citrus fruits that are one of Egypt’s most lucrative exports.

The unpredictability makes it difficult to identify solutions, Salah says: “Climate change is like a big black box.”

“For the last two years, with heat wave after heat wave, we lost more than half the crop. It’s really sad.”

The farm relies on groundwater brought up from wells on the property, and Nasrallah says the suburbs are draining the aquifer. In the last four years he has had to dig an extra thirty meters to find water—and deeper wells mean higher electricity bills for pumping. Some wells have dried up altogether. Recently, government officials told him he had to stop watering the grass on a soccer field he built for his workers.

Urbanization is also spreading in the inner Delta, as many farmers decide that constructing housing is more profitable than growing crops. Since the 1970s, about 14% of the Delta’s arable land has been converted to urban development

Individual farms are also becoming smaller with each generation as, in keeping with longstanding Egyptian custom, land is divided among a father’s heirs (with sons traditionally taking a larger share than daughters). Urban development degrades the Delta’s soil and drives more farming into the desert, leaving the entire food system more vulnerable to climate impacts. Land fragmentation leads to the inefficient use of water and other resources and raises the costs of distribution for farmers.

in some cases, the government’s own plans are responsible, most recently in August when thousands of people living on a Nile island near Cairo that was primarily used for farming were evicted to make way for a state-sanctioned development project.

The network started by Muhammed Ali now includes about 33,000 miles of delivery and drainage canals across the country, enough to wrap around the globe, that range in size from small rivers to something a child could hop over. Delta residents say they used to bathe in these canals, drink from them, and raise fish in them. Now many of them, especially at the ends of the network, are polluted with farming chemicals and sewage, and choked with trash.

Between seepage, evaporation, and water wasted by farmers who flood their fields instead of using controlled irrigation hoses, nearly one-third of the country’s water is lost in the irrigation system between the Aswan High Dam and the sea

The soil is dark and appears rich, but is crusted with a visible layer of salt, a problem that affects up to 40% of Egypt’s arable soil.

Fixing the irrigation network is a priority for the government. Eman Sayed from the Irrigation Ministry said her agency has lined about 3,700 miles of canals with concrete in the last two years and is aiming to finish another 12,400 in the next few years. The ministry is also helping farmers cover the cost of installing drip irrigation systems, which researchers at AUC found can cut farmers’ water consumption 61% per year; today such systems cover only one-sixth of arable land in Egypt.

Authorities have also begun to restrict production of water-intensive crops like rice and bananas, although farmers say there is little enforcement of these rules, and both crops are still widely cultivated throughout the Delta.

Egypt has made clear that COP27 will focus primarily on wringing climate finance out of the rich countries that are most responsible for climate change.

On the horizon, an offshore natural gas platform is visible. Egypt, which seized the disruption of Russian energy supplies to Europe because of the Ukraine war as an opening to boost its own exports of natural gas, is now contributing more to the problem than ever before; an independent review of its new climate strategy ranked it “highly insufficient” for averting disastrous levels of carbon emissions.

By 2100, Noureldeen says, sea level rise could inundate nearly 700 square miles of the coastal Delta and displace four million people.