Results for Tag: Energy

101 results found.
Turkey-Israel Relations: Why Animosity is Not an Option

However, despite this smoothing of tensions, somewhat serendipitously, thawing Turkish-Israeli relations provide both countries with a level of economic insurance in the midst of continued regional turmoil. Part of the initial negotiations between Turkey and Israel included a natural gas pipeline under the Mediterranean, presumably intended as a foil against a total break with Russia. Economics is just as much a driver of this rapprochement as politics, and animosity is a luxury that neither can afford.

Gaza Electricity Crisis Sparks Protests, Alarms Hamas

In addition to the technical and financial problems, the electricity crisis in Gaza is political. Gazans are angry mainly because they feel that political wrangling between the PA in Ramallah and Hamas in Gaza, coupled with the Israeli blockage, are making their lives unbearable. The protests expressed their rejection of the status quo and sent a strong message to Hamas that the current situation is untenable.

Mohammed bin Rashid al-Maktoum, Emir of Dubai

Sheikh Mohammed was keen to initiate reforms and transform Dubai into an international trade and tourist hub while also making it less reliant on dwindling oil reserves. He thus launched several initiatives to further the emirate’s modernization and development process. Known as a man generally not satisfied with the status quo, Sheikh Mohammed’s first shake-up as prime minister came in April 2007, when he announced a strategic review of the UAE’s governance at both the federal and local government levels.

Saudi Arabia Flexes Foreign Policy Muscles

Saudi Arabia’s new assertiveness has been linked in the first place to the growing influence of the king’s 30-year-old son and deputy crown prince, Mohammad bin Salman. Prince Mohammad has been accumulating power since he was appointed minister of defense immediately after his father became king. He has also dominated economic policies, rocking the commodities world by announcing the creation of a $2 trillion megafund to make the country less depend on oil.