Palestinians rush to collect aid supplies from the US-backed Gaza Humanitarian Foundation, in Khan Younis, in the southern Gaza Strip. Reuters
Palestinians rush to collect aid supplies from the US-backed Gaza Humanitarian Foundation, in Khan Younis, in the southern Gaza Strip. Reuters
Palestinians rush to collect aid supplies from the US-backed Gaza Humanitarian Foundation, in Khan Younis, in the southern Gaza Strip. Reuters
Palestinians rush to collect aid supplies from the US-backed Gaza Humanitarian Foundation, in Khan Younis, in the southern Gaza Strip. Reuters


Towards a peaceful and stable Middle East 


Hossam Zaki
Hossam Zaki
  • English
  • Arabic

July 15, 2025

Throughout the Middle East, pundits and public alike are wondering how the changes that the region is witnessing may affect the fragile existing balance of power and whether they can open the door, finally, for an era of peaceful co-existence and prosperity.

It is well established that the strategic weight of our region is not confined to politics or security. It also lies in its increasingly pivotal role in the global economy. Key maritime routes, including the Strait of Hormuz and the Suez Canal, serve as vital arteries of global trade and energy supplies. At the same time, many Arab Gulf states are investing heavily in emerging industries such as renewable energy and advanced technologies. It is clear that bringing peace and stability to the Middle East is no longer a regional aspiration, but a global imperative intertwined with international prosperity.

Smoke rises following an Israeli strike, in Khan Younis in southern Gaza. Reuters
Smoke rises following an Israeli strike, in Khan Younis in southern Gaza. Reuters

For the Arab League, a new strategic reality in the Middle East can only come about when a true vision for peace is implemented. The vision we have in mind is one based on the two-state solution: restoration of Palestinian rights for independence and dignity, followed by the implementation of the engagement of peace outlined in the Arab Peace Initiative, thus opening the door for an era of true peace and stability in the region.

But regional security has been viewed differently by various parties in the region. For the Arabs, based on Arab Summit resolutions, the notion of regional security has always been based on five major pillars: a) An end to the Arab-Israeli conflict and the emergence of an independent contiguous Palestine, b) Respect for sovereignty and non-interference in the internal affairs of states, c) The establishment of a nuclear-weapon-free zone in the region, d) Relentless combating of terrorism and the preservation of nation states, and e) Security guarantees for all and shared interests as applicable.

From an Arab perspective, while all these elements are essential for reaching a viable and sustainable formula for regional security, we view this equation as a win-win for all parties. Unfortunately, we cannot say the same about the perspective offered by other parties in our region, such as Israel.

For years, and in particular after the 1993 Oslo accords, the concept of regional security for Israel was based primarily on achieving military and security superiority while “postponing indefinitely” any viable solution for the Palestinian question and without producing any real vision for achieving just and comprehensive peace. Since October 7, 2023, it appears that “postponing indefinitely” a solution to the Palestinian question was replaced by “eliminating” it altogether.

Achieving a sustainable peace requires addressing broader geopolitical dynamics, particularly those involving Iran

Driven by its extreme right-wing forces and its advancement in the past two decades, such a vision is a considerable impediment for peace and prosperity in the region. Enabling those forces to continue on such a path is nothing but a recipe for continued conflict and instability. Such a zero-sum equation with no room for a win-win formula is no salvation for our region and certainly meets no aspiration for peaceful co-existence in it.

At the same time, achieving a sustainable peace requires addressing broader geopolitical dynamics, particularly those involving Iran. Over the past few years, several Arab countries have taken steps towards de-escalation and restoring dialogue with Tehran, aiming to establish a framework of mutual respect and non-interference. This approach must be preserved and reinforced, as it offers the potential to reduce tensions and prevent wider regional confrontation. For peace to take root, all regional actors must abandon policies of provocation and ideological dominance, and instead commit to principles of co-existence and balanced co-operation.

I acknowledge that in my numerous encounters throughout the Arab world, and in particular after witnessing the horrors committed by Israel in Gaza through 21 months of genocidal war, I often reach the unhappy conclusion that many Arabs, in particular the youth, have ceased to believe that peace will be the order of the day in our region in the foreseeable future and that it is somehow condemned to perpetual instability and turmoil. The brief moments of peace of the 1990s seem like such distant memories. It’s impossible to envisage any possibility of reliving them.

All powerful players, in the region and outside it, should try and change such desperate views, if we are to seek a better and more prosperous future for the coming generations. To my understanding, a number of Arab countries who play a major role in the region have expressed readiness to engage in meaningful discussions on the matter.

However, in the absence of an Israeli willingness to engage on a viable path for peace, it can be an exercise in futility. The hope remains that an active and motivated US president may intervene to tip the balance not only for the sake of morality and law, but also for shared interests and a win-for-all formula which addresses the concerns of all parties. It is still possible. Let us not waste the opportunity.

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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Updated: July 15, 2025, 12:23 PM