

The Middle East is emerging as a land of economic opportunity, with the Gulf States, in particular, playing a central role in shaping global affairs. As the global order becomes more fragmented and multipolar, and U.S. foreign policy is driven by competition with China and Russia, the Gulf is driving a global shift toward smaller, strategic alliances –known as minilateralism – to advance economic and security interests while maintaining autonomy. Gulf nations, particularly Saudi Arabia, the UAE, and Qatar, are also expanding their influence beyond the region through foreign direct investment (FDI) in key global markets, such as London, where investments span real estate, finance, and technology. At the same time, these countries are leveraging their role as middle powers to mediate conflicts and foster cooperation. Leadership from the Middle East and Gulf States will be crucial in addressing global security challenges, such as the crises in Ukraine and Gaza. The fragmenting global order is creating a world that middle powers can shape, and the Middle East is poised to capitalize on that shift through regional partnerships, FDI, and its diplomatic influence to shape the future of global affairs. During this session, we would like to ask participants on stage and in the audience how the West will adjust its approach to the Middle East as the region’s influence grows.