The expansion of BRICS, announced at the August summit in South Africa, signals an emerging shift in the international order. Middle East Council experts analyze the significance of the bloc on the global stage and discuss questions raised at the summit about multipolarity, de-dollarization, and more.
Egypt is reportedly engaged in serious talks aimed at repairing its relationship with Iran, following the restoration of ties between Cairo’s Gulf allies and the Islamic Republic over the past year. But given their own fraught history and Egypt’s unique geopolitical considerations, a rapprochement between the two countries is not guaranteed.
Since resuming diplomatic ties in March, Saudi Arabia and Iran have made rapid progress in rebuilding relations and pursuing de-escalation. While optimism abounds, there are genuine reasons for concern stemming from their starkly divergent views on regional and global politics and the threats therein.
With its Vision 2030 plan, Saudi Arabia is attempting to move away from economic dependence on hydrocarbons. Given the vast resources that the kingdom is deploying, the enthusiasm shown by young Saudis, and the speed at which reforms are moving forward, the strategy could ultimately benefit the entire Middle East.
With great power competition on the rise and U.S. dominance in the Middle East in decline, regional states are diversifying their strategic partnerships. In addition to deepening ties with China and Russia, several MENA states have signaled their interest in joining groupings that are challenging the Western-dominated economic and political order.