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Essential Foreign Capital Opportunities within Middle East Economy

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, chapter 1, pages 1-29, Palgrave Macmillan. 2012/271, International Monetary Fund., MIT Press, vol.

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Can GCC Industrial Success Outpace Western Benchmarks?

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Economic diversification is the process of transitioning an economy away from dependence on a single sector or income to numerous sectors and markets. This type of economic shift is presently underway in the Gulf Cooperation Council (GCC) region, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing fast socio-economic improvement.

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The GCC area is undergoing a transformative phase concentrated on financial diversification and sustainable advancement. Historically reliant on oil and gas, GCC economies are now making every effort to diversify their revenue sources through enthusiastic government-led efforts like Saudi Vision 2030 and We the UAE 2031 that shift focus from high-risk, vulnerable and/or high-carbon markets and sectors to economies.

Creating Sustainable Investment Structures with Arabian Assets

A strong motorist behind economic diversification and green shift strategies in the GCC is the well-documented effect of climate modification in the area being experienced now and in the future. The World Bank approximates that up to 100 million people in the Middle East, consisting of the GCC, will struggle with water tension by 2025, with parts of the region anticipated to end up being uninhabitable by the end of the century due to water shortage and high temperatures.