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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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, chapter 1, pages 1-29, Palgrave Macmillan. 2012/271, International Monetary Fund., MIT Press, vol.
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Essential Stock Market Trends Across the Middle EastZuzana Brixiova & Balzs gert & Thouraya Hadj Amor Essid, 2013. "," Working Paper Series 991, African Advancement Bank. Ricker-Gilbert, Jacob & Mason, Nicole M. & Darko, Francis & Jayne, Thomas S. & Tembo, Solomon, 2013. "," Food Security Collaborative Working Papers 154938, Michigan State University, Department of Agricultural, Food, and Resource Economics.
"," Urban Research, Urban Research Journal Limited, vol. 42( 8 ), pages 1369-1390, July. Nir Kshetri, 2023. "," Financial Innovation, Springer; Southwestern University of Financing and Economics, vol. 9( 1 ), pages 1-38, December. Corneo Giacomo, 2011. "," Evaluation of Middle East Economics and Financing, De Gruyter, vol. 7( 1 ), pages 1-19, May. M Douglass, 1994.
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Economic diversification is the procedure of transitioning an economy away from dependence on a single sector or income source to several 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 transformation.

The GCC area is undergoing a transformative phase concentrated on economic diversification and sustainable advancement. Historically reliant on oil and gas, GCC economies are now making every effort to diversify their income sources through enthusiastic 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 chauffeur behind economic diversity and green shift plans in the GCC is the well-documented effect of climate change in the area being experienced now and in the future. The World Bank estimates that approximately 100 million individuals in the Middle East, including the GCC, will suffer from water stress by 2025, with parts of the region anticipated to become uninhabitable by the end of the century due to water shortage and high temperatures.
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