Given the consequences that security issues yield for the Middle East and beyond and in spite of the failures to date, a regional security process where stakeholders can engage with one another remains a relevant and timely approach, which would be needed to move out of the region’s current cycle of instability. Based on the ongoing Tafahum project, a first step is to establish a shared understanding of regional security issues and what they entail before taking steps towards building a security “architecture” or “system”. In addition, regional cooperation must be framed around both conceptual and operational baskets. A broad agreement on principles of conduct, a focus on regional economic development and the development of civil society interactions are seen as essential elements around which such baskets can be put together.