IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-39696-9_4.html
   My bibliography  Save this book chapter

A Business Outlook for the Arab Region

In: Business and Education in the Middle East

Author

Listed:
  • Adnan Kassar

Abstract

The Arab Region comprises 22 countries in Northern Africa, the Levant, and the Arabian Peninsula stretching from the Atlantic Ocean to the Indian Ocean. It has a total population of about 360 million people, with more than 50% under the age of 25.1 It is highly diversified and can be classified into three major groups: the oil-rich countries that enjoy enormous oil and natural gas reserves; the oil importing countries that have diversified economies; and the least developed countries that feature among the lowest world rankings on the scale of socioeconomic indicators. Consequently, economic development in the Arab Region exhibits great diversity. There is a significant divide between the rich oil states of the Gulf Cooperation Council Countries (GCC) and poor countries like the Comoros, Mauritania, and Djibouti. For example, the gross domestic product (GDP) per capita of Qatar, the wealthiest Arab country (and the wealthiest in the world) is 73 times higher than that of Mauritania.2 Two other Arab countries that are on the list of the top wealthiest countries in the world are the United Arab Emirates (UAE) and Kuwait.3

Suggested Citation

  • Adnan Kassar, 2014. "A Business Outlook for the Arab Region," Palgrave Macmillan Books, in: Business and Education in the Middle East, chapter 3, pages 30-44, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-39696-9_4
    DOI: 10.1057/9781137396969_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-39696-9_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.