The private security industry's most famous name is plying his trade for leaders in emerging and frontier markets. The influence of the former founder of infamous Blackwater Worldwide is almost certainly higher than that of any other mainstream international businessman, with evidence to suggest he maintains informal networks with the world's most controversial political elites.
The startup scene in Iran is garnering momentum. If the national economy opens up to Western investors and its banking system accommodates external parties, understanding the lay of the land helps outsiders navigate what opportunities may await.
Institutional manipulation is fast becoming Salman’s hallmark in the Kingdom of Saudi Arabia. The latest restructuring of the Ministry of Interior’s senior leadership team, combined with the creation of the Presidency of State Security, shows that no stone will be left unturned in the King’s advancement of his son.
MENA’s commercial elite share one thing in common – most of them face a corporate succession dilemma within the next five to ten years. As blood kinship networks dominate businesses in the region, determining where the next generation of influence and decision-making powers lie is fast becoming the top priority for foreign investors.
One of the Iranian government’s many battles is rooting out corruption in its customs authorities. Steps have been taken to make the flow of goods and people more transparent in and out of the country but there are challenges remaining before Tehran can boast a truly hospitable investment environment.
Over seven years have passed since Tunisia bore witness to popular revolt, yet corruption still remains one of the country’s most polemic issues. A reconciliation bill was passed in September 2017 leading to renewed questions about the integrity and modus operandi of the ruling elite.
Free Article
With a deep-rooted political and economic nexus, political decisions take their toll on commercial prospects in the Gulf. The current diplomatic rift between GCC member states may not be a ticking time-bomb but it has the potential to gradually erode western engagement region-wide, forcing international commercial actors to make their loyalties known.
Power players in Saudi Arabia are tweaking their networks and staffing their ranks with loyalists. As a result, 2018 will involve elite readjustment to these new dynamics as well as a continued level of unpredictability. Shadow Governance will be closely monitoring MbS and those orbiting him.
Elite networks in Egypt are gearing up for a big year in 2018. The presidential election will capture headlines; but power plays - that reveal much about Cairo’s incumbent decision makers and their intentions if they win a second official mandate - will continue to fly under the radar.
Free Article
With several of the region’s strategic sectors gearing up to ‘welcome’ private actors into the fold, international investors are bracing for renewed levels of access to old economies. As opportunities begin to present themselves, however, a host of hidden domestic dynamics will become more important than they have ever been.
Two and a half years after the nuclear deal between Iran and Western nations was inked, questions linger around its effects and viability. Penetrating Iran’s commercial sphere may ultimately prove more difficult than expected, not least due to the relative ‘free reign’ the country’s IRGC has enjoyed in the domestic economy as well as its role in the armed forces.