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Why the Middle East Emerging as Primary Industrial Hub?

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

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How Industrial Expansion Boosts GCC Stability in 2026

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52( 15 ), pages 2822-2848, November. 15( 3 ), pages 295-321, October. 29( 1 ), pages 23-37, January.

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Zuzana 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 Documents 154938, Michigan State University, Department of Agricultural, Food, and Resource Economics.

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"," Urban Research, Urban Research Journal Limited, vol. 42( 8 ), pages 1369-1390, July. Nir Kshetri, 2023. "," Financial Innovation, Springer; Southwestern University of Finance and Economics, vol. 9( 1 ), pages 1-38, December. Corneo Giacomo, 2011. "," Evaluation of Middle East Economics and Finance, De Gruyter, vol. 7( 1 ), pages 1-19, May. M Douglass, 1994.

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Is Middle East Emerging as Global Investment Powerhouse?

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

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The GCC area is going through a transformative phase focused on economic diversification and sustainable development.

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A strong motorist behind economic diversity and green shift strategies in the GCC is the well-documented impact of environment change in the region being experienced now and in the future. The World Bank approximates that as much as 100 million people in the Middle East, including the GCC, will experience water stress by 2025, with parts of the area expected to become uninhabitable by the end of the century due to water shortage and heats.

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