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Evaluating Market Growth Drivers in Middle East Economies
Creating Resilient Investment Structures with Arabian Assets
Comparing Regional Investment Incentives vs Global Markets
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26( 4 ), pages 543-566, April. Maximilian Benner, 2019. "," Economies, MDPI, vol. 7( 2 ), pages 1-22, May. All product on this site has actually been offered by the respective publishers and authors. You can help appropriate mistakes and omissions. When asking for a correction, please discuss this item's manage: RePEc: ehl: lserod:55252. See general details about how to correct product in RePEc.
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Economic diversification is the procedure of transitioning an economy far from reliance on a single sector or income to multiple sectors and markets. This sort of financial shift is presently underway in the Gulf Cooperation Council (GCC) area, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing fast socio-economic change.

The GCC region is going through a transformative phase concentrated on economic diversity and sustainable advancement. Historically reliant on oil and gas, GCC economies are now striving to diversify their earnings sources through ambitious government-led initiatives 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.
A strong motorist behind financial diversity and green transition strategies in the GCC is the well-documented impact of environment modification in the area being experienced now and in the future. The World Bank estimates that up to 100 million people in the Middle East, consisting of the GCC, will struggle with water stress by 2025, with parts of the region anticipated to become uninhabitable by the end of the century due to water deficiency and high temperature levels.
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Evaluating Market Growth Drivers in Middle East Economies
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