Want to create an interactive transcript for this episode?
Podcast: Middle East Dossier
Episode: Gulf Cooperation Council Economies – Strategic Overview
Description: Gulf Cooperation Council (GCC) economies still depend heavily on oil and gas for their income, budgets and social peace. They have all, to varying degrees, embarked on a journey of diversification over the last few years to reduce such dependency and build the foundation for their economies in a post-oil world. Several countries’ visions (SAUDI 2030, UAE 2021) have been created to frame this transformation process and define the priorities for each country. Diversifying the economy and getting ready to compete in a knowledge-driven economy is of paramount importance for these countries as forces of energy transition and development of renewable te...