Despite a large appetite among Gulf Arab states for Chinese investment and trade, the UAE has emerged as China’s primary economic partner in the region.
As fiscal constraints increase, tensions in the Gulf rise, and uncertainties surrounding political transition loom, Oman’s role in the Gulf Arab region could come under pressure.
The model of the low-cost carrier has penetrated the Gulf region, and for the state-owned airlines Emirates, Etihad, and Qatar Airways, maintaining their positions as industry leaders will be contingent on the ability to cut costs where the competition cannot.
Saudi Aramco's and the Abu Dhabi National Oil Company’s overseas investment initiatives could serve to lay the framework for a Saudi-Emirati energy partnership that accelerates each company’s ambition of challenging global oil and gas majors.
Gulf Arab states are striving to become tech-driven, knowledge economies, but the digital path ahead is bound to be bumpy.
The economic components of Saudi Arabia’s ambitious transformation, in which local and foreign investments play a pivotal role, ultimately hinge on the government’s ability to improve the transparency of commercial processes.
Many natural resource-dependent countries have tried to restructure government finances in the wake of falling commodity prices, with little success. However, Bahrain’s current efforts may bear fruit.
The “back-to-basics” economic strategy now underway in the region represents a partial retreat, or at least a refocusing, from the ambitious diversification goals of past years.
More spending, low growth, and recurring deficits are not a recipe for long-term economic sustainability, but this concoction may be a necessary pill for Gulf states to swallow as the hard work of economic reform sets in.
Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.Learn More