This is my attempt at a speculative history of the world in 2062 with bits of realism and fantasy just thrown in randomly.
The European Union
Following the banking and debt crisis, the European Union will further their integration as one federal state. Starting with a banking union, EU member states grudgingly or enthusiastically, enacted a series of reforms that brought together Europe, such as a Federal Tax, a unified army command, stronger powers to the European President, a singular foreign policy and more.
The Arab Maghreb Republic
It started out first as a unified court. As a means to protect the newly won freedoms of the post-revolutionary states of Tunisia, Egypt and Libya, the three nations instituted a supra-national Supreme Court, staffed with 3 Egyptian Judges, 2 Tunisians and 2 Libyans. Next came the idea for a common market and a single currency. Then, a Maghreb parliament. It wasn't long before the three states joined together as the Arab Maghreb Republic. After a series of popular democratic reforms, Algeria joined Maghreb in 2038. Sudan was admitted as a member in 2053. Morocco initially showed interest in the union, adopting the single currency and adhering to the customs union. But it stopped short of full political integration, declining to send delegates to the common parliament.
The Kingdoms of Arabia
The Kingdoms of Arabia first existed as the Cooperation Council for the Arab States of the Gulf. Much like the Arab Maghreb, it initiated reforms behind a single custom union and currency. However, as the political unity of the Maghreb Republic increased, it posed a challenge to regional power of Saudi Arabia. The other Gulf monarchies were also fearful of a rising Iran, the end of their petroleum economies and the influence of a large and progressive Arab state to their west. As a conservative counterweight to the Maghreb, the Gulf monarchies entered an increasingly united federation, based off the UAE. In 2029, the Kingdom intervened in the Second Yemeni Civil War and restored the King of Yemen before admitting it into the Union. Although they lacked monarchies, Djbouti and Comoros, joined the Kingdom in 2043 and 2035 respectively. They were styled as Presidential Princes.
The Hashemite Kingdom of Levant
Jordan and Lebanon intervened in the Syrian Civil War in 2013, toppling Assad from power. Although at that time, neither country sought to annex Syrian land, they began to occupy Syria and prepared to handover power to the Syrian Opposition Groups. Considered, the accidental union, Jordan and Lebanon allowed their currency to circulate in Syria, as well as negotiated the removal of trade boundaries in certain basic amenities. Meanwhile, as the Syrian Opposition groups failed to make leeway in national reconciliation, the popularity of Lebanon and Jordanian Government grew. Eventually, there was popular support for further integration with Jordan and Lebanon which resulted in the Kingdom of Levant.
As regional blocs grew integrated, Iraq grew increasingly unstable. Popular movements grew to join either the Kingdom of Levant or the Kingdom of Arabia. However, such movements were unpopular with the Shia and Kurdish Community. Eventually, the three main regions of Iraq broke off. A short war was quickly resolved by UN negotiation, and the three states agreed to dissolve Iraq. Kurdistan, despite Turkish objections, declared her independence. Central-West Iraq sought to join the Levant. Some fear that South Iraq would join Iran. Other feel that it will be exist as a buffer state between Iran and Arabia.