‘Innovation, cooperation’ key to GCC’s economic vitality

The speakers underscored the need for GCC countries to strengthen their economies by continuing to invest in health care and education. (Photo/Supplied)
Updated 12 November 2019
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‘Innovation, cooperation’ key to GCC’s economic vitality

  • Abu Dhabi Strategic Debate features discussions on pressing geopolitical issues

ABU DHABI: The Gulf Cooperation Council (GCC) could become the sixth-largest economic power in the world by 2030 if it can maintain the same pace of growth and development, according to a senior Bahraini official.

Dr. Abdulla bin Ahmed Al-Khalifa, chairman of the Bahrain Center for Strategic, International and Energy Studies (DERASAT), made the remark while speaking at the Abu Dhabi Strategic Debate (ADSD) on Monday.
With “Old Power Competition in the New Age” as its theme, the conference has featured an impressive lineup of speakers.

The topics for the second and final day were broadly “Power distribution in the Gulf region” and “Repercussions of conflicts on the future of Arab states.”
Al-Khalifa underscored the need for GCC countries to strengthen their economies by continuing to invest in health care and education and boosting the quality of human resources.
On the subject of regional tensions, Al-Khalifa had three likely scenarios, starting with one in which Gulf states become a united political bloc that serves as a “regional center for innovation, entrepreneurship, cooperation and sustainable development.” In the second scenario, a dire fate awaits the region, with terrorism and unrest prevailing over the forces of social and economic stability.
An equally worse-case scenario sees a “static” future, with the GCC region condemned to a prolonged period of unrest and constant interference by regional and global powers in their affairs.
Similar apprehensions were expressed by Mahmoud Jibril, a former prime minister of Libya and president of the National Forces’ Alliance, during a separate panel discussion, “Middle East Power Distribution: Hard, Soft and Artificial.”
Arguing that Israel has emerged as “the main winner” in Middle East conflicts, Jibril blamed the Arab world for not moving in step with “the trends of this era.”

HIGHLIGHT

With ‘Old Power Competition in the New Age’ as its theme, the conference has featured an impressive line-up of speakers.

He said that Israel was the recipient of 21 percent of international investments by technology giants such as Apple, Microsoft and Amazon in their research and development centers.
“Investment channeled to Israel is 200 times as a proportion of the country’s population. These are its source of power,” Jibril said. By contrast, he said, the Arab world has one of the highest budgets for military acquisitions and yet its security environment keeps deteriorating.
Jibril identified three forces that he said are shaping modern history. The first is technologies such as AI (artificial intelligence) and digitalization. The second is youth, which he described as a “game changer” in the region. The third force, according to Jibril, is climate change.
“In the coming years, cities will disappear because of rising temperatures and economies will collapse due to expanding desertification,” he said. “The consequences will be migration and conflict. Unfortunately, these three forces cannot be reversed. At best, their impacts can be mitigated.”
Earlier in the day, Dr. Ebtesam Al-Ketbi, president of the Emirates Policy Center, the ADSD’s organizer, said that the Gulf region is witnessing “fierce competition among states over power redistribution.”
While the region’s security and stability will continue to be among the primary challenges, change will come once a deal with Iran is reached, she said.
“Iran doesn’t have anything to lose at the level of infrastructure,” El-Ketbi said.
“If a missile hits Iran, the country will not lose much but if a missile hits Aramco from Iran, there is a lot to lose.”
Al-Ketbi said that a balance of hard and soft power is crucial for achieving stability in the region. “Having hard power alone leads to wars and acts of sabotage,” she said, evidently alluding to recent incidents in the Gulf, while “possession of soft power alone is not enough for achieving security, especially for the GCC countries.”


Red Sea crisis intensifies economic strain on Yemenis ahead of Eid

Updated 5 sec ago
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Red Sea crisis intensifies economic strain on Yemenis ahead of Eid

DUBAI: Yemen, suffering from nearly a decade of civil war, now faces an additional challenge: a crippled economy further strained by the escalating crisis in the Red Sea.

Market vendors in Sanaa’s Old City, the Al-Melh, claim that sales have decreased by 80 percent, according to a report by Chinese news agency Xinhua.

Shopkeepers attribute this decline to recent increases in sea shipping costs, which have driven up wholesale prices.

This situation reflects the broader economic crisis in Yemen, where rising sea shipping costs have increased prices across the board, making basic Eid essentials unaffordable for many. 

To help ease financial strain, an exhibition was organized in Al-Sabeen Park, where families were able to sell homemade goods. 

Despite these efforts, Yemen’s economic problems persist. According to the UN, the decade-long war has pushed millions into poverty. Over 1.2 million civil servants have not received salaries in eight years, and hundreds of thousands have lost their jobs. The Norwegian Refugee Council reports that four out of five Yemenis face poverty, and over 18 million people urgently need humanitarian aid.


Water crisis batters war-torn Sudan as temperatures soar

Updated 16 June 2024
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Water crisis batters war-torn Sudan as temperatures soar

  • The country at large, despite its many water sources including the mighty Nile River, is no stranger to water scarcity
  • This summer, the mercury is expected to continue rising until the rainy season hits in August

PORT SUDAN, Sudan: War, climate change and man-made shortages have brought Sudan — a nation already facing a litany of horrors — to the shores of a water crisis.
“Since the war began, two of my children have walked 14 kilometers (nine miles) every day to get water for the family,” Issa, a father of seven, said from North Darfur state.
In the blistering sun, as temperatures climb past 40 degrees Celsius (104 degrees Fahrenheit), Issa’s family — along with 65,000 other residents of the Sortoni displacement camp — suffer the weight of the war between Sudan’s army and the paramilitary Rapid Support Forces (RSF).
When the first shots rang out more than a year ago, most foreign aid groups — including the one operating Sortoni’s local water station — could no longer operate. Residents were left to fend for themselves.
The country at large, despite its many water sources including the mighty Nile River, is no stranger to water scarcity.
Even before the war, a quarter of the population had to walk more than 50 minutes to fetch water, according to the United Nations.
Now, from the western deserts of Darfur, through the fertile Nile Valley and all the way to the Red Sea coast, a water crisis has hit 48 million war-weary Sudanese who the US ambassador to the United Nations on Friday said are already facing “the largest humanitarian crisis on the face of the planet.”
Around 110 kilometers east of Sortoni, deadly clashes in North Darfur’s capital of El-Fasher, besieged by RSF, threaten water access for more than 800,000 civilians.
Medical charity Doctors Without Borders (MSF) on Friday said fighting in El-Fasher had killed at least 226.
Just outside the city, fighting over the Golo water reservoir “risks cutting off safe and adequate water for about 270,000 people,” the UN children’s agency UNICEF has warned.
Access to water and other scarce resources has long been a source of conflict in Sudan.
The UN Security Council on Thursday demanded that the siege of El-Fasher end.
If it goes on, hundreds of thousands more people who rely on the area’s groundwater will go without.
“The water is there, but it’s more than 60 meters (66 yards) deep, deeper than a hand-pump can go,” according to a European diplomat with years of experience in Sudan’s water sector.
“If the RSF doesn’t allow fuel to go in, the water stations will stop working,” he said, requesting anonymity because the diplomat was not authorized to speak to media.
“For a large part of the population, there will simply be no water.”
Already in the nearby village of Shaqra, where 40,000 people have sought shelter, “people stand in lines 300 meters long to get drinking water,” said Adam Rijal, spokesperson for the civilian-led General Coordination for Displaced Persons and Refugees in Darfur.
In photos he sent to AFP, some women and children can be seen huddled under the shade of lonely acacia trees, while most swelter in the blazing sun, waiting their turn.
Sudan is hard-hit by climate change, and “you see it most clearly in the increase in temperature and rainfall intensity,” the diplomat said.
This summer, the mercury is expected to continue rising until the rainy season hits in August, bringing with it torrential floods that kill dozens every year.
The capital Khartoum sits at the legendary meeting point of the Blue Nile and White Nile rivers — yet its people are parched.
The Soba water station, which supplies water to much of the capital, “has been out of service since the war began,” said a volunteer from the local resistance committee, one of hundreds of grassroots groups coordinating wartime aid.
People have since been buying untreated “water off of animal-drawn carts, which they can hardly afford and exposes them to diseases,” he said, requesting anonymity for fear of reprisal.
Entire neighborhoods of Khartoum North “have gone without drinking water for a year,” another local volunteer said, requesting to be identified only by his first name, Salah.
“People wanted to stay in their homes, even through the fighting, but they couldn’t last without water,” Salah said.
Hundreds of thousands have fled the fighting eastward, many to the de facto capital of Port Sudan on the Red Sea — itself facing a “huge water issue” that will only get “worse in the summer months,” resident Al-Sadek Hussein worries.
The city depends on only one inadequate reservoir for its water supply.
Here, too, citizens rely on horse- and donkey-drawn carts to deliver water, using “tools that need to be monitored and controlled to prevent contamination,” public health expert Taha Taher said.
“But with all the displacement, of course this doesn’t happen,” he said.
Between April 2023 and March 2024, the health ministry recorded nearly 11,000 cases of cholera — a disease endemic to Sudan, “but not like this” when it has become “year-round,” the European diplomat said.
The outbreak comes with the majority of Sudan’s hospitals shut down and the United States warning on Friday that a famine of historic global proportions could unfold without urgent action.
“Health care has collapsed, people are drinking dirty water, they are hungry and will get hungrier, which will kill many, many more,” the diplomat said.


UAE, Iran discuss bilateral relations

Updated 16 June 2024
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UAE, Iran discuss bilateral relations

DUBAI: The United Arab Emirats Minister of Foreign Affairs, Sheikh Abdullah bin Zayed, had a phone conversation on Saturday with Iran's acting Minister of Foreign Affairs, Ali Bagheri Kani, to discuss the bilateral relations between the two countries.

During the call, they exchanged Eid Al-Adha greetings and explored ways to enhance cooperation that would serve the mutual interests of their countries and peoples, contributing to regional security and stability.

They also reviewed several issues of common interest, as well as recent developments in both regional and international arenas.


Two explosions near vessel off Yemen’s coast, UK maritime office says

Updated 16 June 2024
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Two explosions near vessel off Yemen’s coast, UK maritime office says

  • Houthi militants, who are backed by Iran, have been targeting vessels off the Yemen’s coast

CAIRO: The United Kingdom Maritime Trade Operations (UKMTO) said on Sunday a vessel 40 nautical miles south of Al-Mukha in Yemen had reported two explosions nearby, adding that the vessel and its crew were safe and proceeding to their next port of call.
Authorities are investigating, UKMTO said.

 


Houthi militants, who are backed by Iran, have been targeting vessels off the Yemen’s coast in what they said is a show of solidarity with the Palestinians being killed in Israel’s war on Gaza.

 


Iran rebukes G7 statement over its nuclear program escalation

Updated 16 June 2024
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Iran rebukes G7 statement over its nuclear program escalation

  • Tehran’s foreign ministry calls on G7 to distance itself from ‘destructive policies of the past’
  • Iran is now enriching uranium to up to 60 percent purity close to the 90 percent weapons grade

DUBAI: Iran called upon the Group of Seven on Sunday to distance itself from “destructive policies of the past,” the Iranian Foreign Ministry spokesperson Nasser Kanaani said, referring to a G7 statement condemning Iran’s recent nuclear program escalation.
On Friday, the G7 warned Iran against advancing its nuclear enrichment program and said they would be ready to enforce new measures if Tehran were to transfer ballistic missiles to Russia.
“Any attempt to link the war in Ukraine to the bilateral cooperation between Iran and Russia is an act with only biased political goals,” Kanaani said, adding that some countries are “resorting to false claims to continue sanctions” against Iran.
Last week, the UN nuclear watchdog’s 35-nation Board of Governors passed a resolution calling on Iran to step up cooperation with the watchdog and reverse its recent barring of inspectors.
Iran responded by rapidly installing extra uranium-enriching centrifuges at its Fordow site and begun setting up others, according to a International Atomic Energy Agency (IAEA) report.
Kanaani added Tehran would continue its “constructive interaction and technical cooperation” with the IAEA, but called its resolution “politically biased.”
Iran is now enriching uranium to up to 60 percent purity, close to the 90 percent of weapons grade, and has enough material enriched to that level, if enriched further, for three nuclear weapons, according to an IAEA yardstick.