The GCC’s two largest economies are increasingly working together.

While the revolution and counter-revolution in Egypt and civil war in Syria grabbed the headlines, a new axis quietly took shape in the Middle East as 2014 came to a close. Galvanized by the triple threats of the Muslim Brotherhood’s rise to power in Egypt, albeit briefly, the stalemate in Syria against their common foe Bashar al-Asad and the subsequent takeover of a third of Iraq by the brutal Islamic State (IS) in June last year, Saudi Arabia and the United Arab Emirates have found more than a common cause to take their relationship to another level. (CONTINUED - 1194 WORDS)