
Sustainability Through Economic Diversification in the GCC
February 11, 2025
5.1 Sustainability Hall
The economies of the GCC countries are witnessing exceptional structural transformations aimed at diversifying their economies to achieve their financial sustainability, as the national visions of the GCC countries play a major role in this regard. The GCC countries have adopted economic policies aimed at restructuring the various economic sectors in line with economic and geopolitical challenges. In light of economic diversification, the GCC countries sought to reduce dependence on
Oil and gas by promoting foreign investment, activating the role of fiscal policy, and stimulating the private sector. Sustainable development is one of the main dimensions that reflect the aspiration of the GCC States to a sustainable economic future that ensures the well-being of future generations.