Dean Nabil Fahmy Participates in Eurasia Group's Geopolitical Summit in Tokyo, Japan
On October 26, 2017, Dean Nabil Fahmy traveled to Tokyo, Japan, to participate in an all-day event organized by the Eurasia Group. Eurasia is now the global leader in international political risk analysis, advising multinational firms on the impact of geopolitics on the business environment and international markets. This year’s conference brought together 150 of the world’s top CEOs and thought leaders to analyze the most pressing global risks and how to face them. Dean Fahmy joined other diplomats, statesmen, experts and analysts in sharing their insights about geopolitical risks and potential opportunities in the world. The dean participated in a session titled, Conflict and ambition: The future of the Middle East. In addressing the attendees, the dean explained the drastic geopolitical changes that are occurring in the Middle East.
Regional challenges vary from effects of globalization, generational changes to identify challenges and regional conflicts. He analyzed and explained the major political opportunities in Egypt and Saudi Arabia, the dean discussed the recent development in the Kingdom of Saudi Arabia highlighting the rise of Mohammed Bin Salman, the new Saudi Crown Prince. He also shared his views about the potential opportunities and challenges in a new era for the Kingdom.
The dean presented the Saudi plans to become less dependent on oil and diversify its economy. He elaborated on the ambitious vision to transform the nation Saudi 2030 fueled by revenues generated from the listing of 5 percent of Saudi Aramco’s shares. The dean also discussed the Saudi plans to restructure its economy encouraging foreign investments in various economic sectors.
Dean Fahmy illustrated Saudi’s relationships with its neighboring countries highlighting the solid partnership it has with Egypt. He discussed counter-terrorism efforts in the region and the GCC-Qatar conflict. Dean Fahmy examined the regional conflict between the Kingdom and the Islamic Republic of Iran. He pinpointed the Iranian involvement in destabilizing Gulf nations contesting Saudi’s influence in the region. The dean also demonstrated Saudi’s strong opposition to the Iran Nuclear deal and its support for efforts to cancel the deal. He also examined the most recent developments in the Saudi Russian ties, coordinating on issues of counter-terrorism and resolving conflicts in the region. Fahmy predicted further geopolitical changes in the Middle East.