This article assesses current trends and developments in terrorism within the context of the overall progress being achieved in the global war on terrorism (GWOT). It examines first the transformation that Al Qaeda has achieved in the time since the 11 September 2001 attacks and the variety of affiliated or associated groups (e.g., what are often referred to as Al Qaeda "clones" or "franchises") that have emerged to prosecute the jihadist struggle. It then focuses on recent developments in Saudi Arabia and especially Iraq in order to shed further light on Al Qaeda's current strategy and operations. In conclusion, this article offers some broad recommendations regarding the future conduct of the GWOT.­