Can Gulf investment be a significant driver of economic development in the wider region?
- The countries that own so huge funds that they can invest it abroad
- The main reason why Gulf countries invest in the wider region
- The increase of Gulf investment in the Middle East area
- Foreign investments and fiscal measures
- To limit risky economic activities and investments
Countries of the Arab Gulf benefit from the high incomes they get from the mining and the selling of natural oil and gas that the ground offers them. Those high incomes, combined with their small population explains why the income per inhabitant is higher than in the other states. According to Bloomberg Agency, Gulf countries have invested more than 150 billion dollars abroad in 2009. This investment is not limited to the Middle East area, yet Gulf investments represent a huge part of global investments in the wider region. Then in those conditions, can we consider Gulf investment as a significant driver of economic development in the wider region?
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