Summary of The Business Environment in Gulf Co-Operation Council Countries

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The Economist Intelligence Unit reports on the investment climate within the Gulf Cooperation Council (GCC) countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates. While local economic conditions have improved in recent years, regional political flux, excessive domestic regulations, foreign ownership limits and dated legal frameworks keep outside investors at bay. getAbstract considers this succinct analysis essential reading for executives looking to do business in the GCC and for investors eying these potentially profitable markets.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

 

Summary

Though global entities such as the World Bank and the World Economic Forum have raised their estimations of the business environment in the Gulf Cooperation Council (GCC) countries, foreign investors still need convincing. GCC members – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates – present disparate potential for inward investment, as economic reforms and diversification continue at different speeds. While the 2008 crisis hurt foreign direct investment (FDI) in the area, internal investment rose: More than 75% of Bahrain’s FDI in 2010 and more than 90% of Kuwait’s FDI in 2011 came from GCC countries. Ripples...


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