Leaders of Gulf Co-operation Council member states and the Association of South-East Asian Nations with their Chinese counterparts in Kuala Lumpur on Tuesday. Reuters
Leaders of Gulf Co-operation Council member states and the Association of South-East Asian Nations with their Chinese counterparts in Kuala Lumpur on Tuesday. Reuters
Leaders of Gulf Co-operation Council member states and the Association of South-East Asian Nations with their Chinese counterparts in Kuala Lumpur on Tuesday. Reuters
Leaders of Gulf Co-operation Council member states and the Association of South-East Asian Nations with their Chinese counterparts in Kuala Lumpur on Tuesday. Reuters


The Gulf and South-East Asia show civilisations can work together, despite their differences


  • English
  • Arabic

May 29, 2025

The second summit between the Association of South-East Asian Nations and the Gulf Co-operation Council wound up in Kuala Lumpur around lunchtime on Tuesday. In the afternoon, the regional groupings were joined by China, for the first ever Asean-GCC-China trilateral.

Did the gatherings constitute one of the “most substantive” milestones in 10-nation Asean’s history, as this year’s chair, Malaysian Prime Minister Anwar Ibrahim, put it? Was the trilateral “historic”, as the Malaysian academic Phar Kim Beng argued last week, because “it institutionalises symmetry among three civilisational spheres – maritime South-East Asia, the Islamic Gulf, and Confucian China”?

Or was the Asean-GCC meeting a small and incremental step forward for two very different regional blocs, with the addition of an extra meeting with China that may turn out to have been a one-off?

There may be elements of truth in all three statements. Mr Anwar made a confident case, saying he thought “the Asean-GCC partnership has never been more vital than it is today”. He pointed to both region’s centuries of history as trading hubs, mentioning that Oman and the Malaysian city of Malacca had both served as “strategic crossroads that linked East and West, demonstrating the power of openness, exchange and strategic connectivity”.

Kuwait’s Crown Prince, Sheikh Sabah Al Khaled Al Sabah, also called the partnership “vital”. He said: “Together our 16 nations represent immense economic and human potential, with a combined GDP nearing $6 trillion and a population of about 740 million.” The total trade volume between the two blocs stood at $131 billion in 2023, he added – a figure he expected to rise to $180 billion by 2026. “The growth in GCC-Asean trade, along with rising Gulf investments in Asian markets, reflects mutual confidence and deepening economic integration.”

Chinese Premier Li Qiang said that Beijing was “willing to join hands with Asean and the GCC to fully harness the synergy of one plus one plus one being greater than three, and inject powerful momentum into the common development and prosperity of our three sides” and that “differences are not obstacles to co-operation – rather, they present opportunities for complementarity”.

Prof Phar Kim Beng’s at-times rather poetic essay also pointed out that “when senior officials discuss port interoperability, halal certification frameworks, or AI governance standards, they are doing more than negotiating terms – they are creating a shared civilisational grammar … China’s Digital Silk Road, the GCC’s green hydrogen corridors, and Asean’s biodiversity-based value chains are not competing blueprints. They are complementary avenues for creating value – and values – across regions that refuse to be passive recipients of a waning Bretton Woods system”.

There should be a kind of magic, even a touch of romantic idealism, about trying to bring these two regions (and China) closer

There’s no doubting that the sentiment between the leaders, ministers and officials in the meeting halls was warm and genuine. Timor-Leste Prime Minister Xanana Gusmao – present because his country is expecting to join Asean later this year – spread the joy when he unexpectedly handed out chocolates to reporters waiting outside the ballroom at the Kuala Lumpur Convention Centre after the first of Tuesday’s summits. “Take it, you’ve waited so long,” he told them with a smile. The summits also concluded with a joint statement that underlined the commitments of Asean, the GCC and China to peace, stability, dialogue, development, mutual respect and co-operation, non-interference into the internal affairs of others, and to strengthening collaboration between the regions.

But that doesn’t mean that getting there was easy or that concrete results will automatically follow without much further work.

Negotiations in the run-up to the summits were “hard”, I’m told by a senior official involved. There were substantial differences in style and process between the GCC and Asean – which is not surprising, considering how different their make-ups are. The GCC countries are all Arab Muslim and the amount they have in common may aid faster decision-making. Asean, on the other hand, is made up of states with so many different faiths and ethnicities that the region was once known as “the Balkans of Asia”. The association is used to a very measured – critics would say laboured – way of reaching conclusions.

I’m told that some on the GCC side were pushing for a mutual free trade agreement fast, whereas some Asean members were suggesting that the GCC should consider joining the Regional Comprehensive Economic Partnership – a free trade agreement that includes all Asean countries, plus China, Japan, South Korea, Australia and New Zealand. “And in any case,” one other official said to me, “the Asean way is that we can’t take a formal decision without doing a study first.”

Differences in approach may have led to some misunderstandings. Some on the Asean side felt their GCC counterparts didn’t always appreciate the advances some of their countries had made. On the other hand, perhaps because of its long and deep institutional relations with Beijing, there is a danger that Asean overestimates the extent to which it is needed as a “bridge” between the Gulf and China – two parties that now know each other extremely well.

This doesn’t appear to be a problem at the top level. It is among the ranks of diplomats and sherpas on both sides that these issues must be worked through – for it is they who will need to put in the hard yards to turn warm words into economic mechanisms that benefit the peoples of both the Gulf and South-East Asia.

It’s not just a matter of material progress, and shared and equitable prosperity, important though both are. There should be a kind of magic, even a touch of romantic idealism, about trying to bring these two regions (and China) closer. And so, I will leave the last words to Prof Phar.

The senior officials who were working to make the Kuala Lumpur summits a success were doing more than laying the groundwork for trade, he wrote. “They are rewriting the rules of recognition. They are showing that in a fragmented world, civilisation can still speak to civilisation – not through weapons or treaties, but through standards, ports, and trust.”

UAE currency: the story behind the money in your pockets
Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

UAE currency: the story behind the money in your pockets
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Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

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Price, base: Dh429,090

Engine 4.0-litre twin-turbo V8

Transmission Seven-speed automatic

Power 510hp @ 5,500rpm

Torque 700Nm @ 1,750rpm

Fuel economy, combined 9.2L / 100km

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

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Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

Bugatti Chiron Super Sport - the specs:

Engine: 8.0-litre quad-turbo W16 

Transmission: 7-speed DSG auto 

Power: 1,600hp

Torque: 1,600Nm

0-100kph in 2.4seconds

0-200kph in 5.8 seconds

0-300kph in 12.1 seconds

Top speed: 440kph

Price: Dh13,200,000

Bugatti Chiron Pur Sport - the specs:

Engine: 8.0-litre quad-turbo W16 

Transmission: 7-speed DSG auto 

Power: 1,500hp

Torque: 1,600Nm

0-100kph in 2.3 seconds

0-200kph in 5.5 seconds

0-300kph in 11.8 seconds

Top speed: 350kph

Price: Dh13,600,000

Updated: May 29, 2025, 2:59 PM`