The Future of the Middle East: Horizons of Challenges and Opportunities

... be able to reduce their dependence on imports by developing alternative energy in their territory; The energy revolution could be a fertile ground for new potential opportunities in expanding cooperation between the countries of the Middle East with China, India, as well as with the European Union; at the same time, a decrease in the importance of the region in global energy will reduce the incentives for great powers to interfere in its affairs. Risks: Drop in oil and gas prices will be a serious challenge for regional hydrocarbon exporters, particularly in heavily populated countries such as Saudi Arabia, Iran, Algeria and Iraq. The governments of these countries will have to cut social programs, review existing ...