Oil has given the Gulf economies a very unique structure, which complicates comparisons to traditional economies. In particular, hydrocarbon income has played a large role in creating labor forces wherein nationals constitute a minority, a rare occurrence. An additional GCC idiosyncrasy is the small proportion of nationals that perform manual labor in manufacturing plants, despite the large contribution of the industrial sector to the economy (over 50% of GDP), which is primarily driven by petrochemicals. There are several reasons for Gulf nationals’ dislike of manual labor, among them the Bedouin culture, which confers low social status upon those who practice such activities.
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في مطلع قمّة مجموعة العشرين في سبتمبر 2016، قالت رئيسة وزراء المملكة المتحدة تريزا مي: "سوف أتحدّث مع الزعماء العالميين الآخرين عن كيفية تنمية التجارة الحرّة حول العالم، وتسعى بريطانيا لاغتنام تلك الفرص. وأطمح إلى أن تصبح بريطانيا قائداً عالمياً في التجارة الحرّة."ـ
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Omar Al-Ubaydli
This is where you can find all my articles, as well as some of my interviews and media mentions Archives
June 2020
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