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30 Jun 2017  |  North America  |  Megatrends

Future of GCC, Forecast to 2025

The Growth Story of the Oil-Dependent Region through Economic Diversification and Socio-Political Reforms

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Over the last 50 years, there has been unparalleled economic growth among the oil-rich Gulf Cooperation Council (GCC) countries, and they now rank among the world leaders in per capita income. However, the recent oil-price fluctuations have complicated the situation of these oil-dependent economies. GCC nations have recognized that oil resources al...