'MbS needs security to attract investment, and Iran wants the economic dividends of ensuring security,' expert and editor Mohammad Ali Shabani tells Newsweek.
presses on with an ambitious set of reforms aimed at establishing the Kingdom as a leading international player, the powerful aspiring monarch is also revamping his foreign policy to engage diplomatically with top rival Iran in a bid to achieve the regional stability necessary to fulfill his"Vision 2030" plan.
"Saudi is working to extract itself from Yemen and support any agreement the Yemenis work out among themselves," said Ali al-Shihabi, a Saudi political expert who formerly led the Arabia Foundation think tank and now serves on the advisory board of NEOM, one of several futuristic megaprojects being pursued in line with Vision 2030.,"and will have to keep a wary eye on its southern border if further Yemeni instability threatens to spill over the border.
"Time will tell," he added."Saudi will work to establish trade and investment ties to Iran to give Iran a further stake in regional stability but will still watch Iran very carefully to see whether it abides by its commitments to stability or not." "The vulnerabilities are clear, as are the stakes," Mohammad Ali Shabani, editor of Amwaj.media, a London-based news site that focuses on Iran, Iraq and the Arabian Peninsula countries, told."MbS needs security to attract investment, and Iran wants the economic dividends of ensuring security."
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