The Middle East Economy

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LANGUAGE: Similar to other GCC member states, Arabic is the official language of Oman, although English is widely spoken and understood. Using English to get around or conduct business in the capital, Muscat, or other hubs such as Sohar or Salalah, is relatively easy. Locals do appreciate the exchange of salutations in Arabic, but are very...

 

With both economic diversification plans under way across the region, GCC states are seeking to bolster international trade relations and draw in foreign investment. Regional governments have found a willing partner in China, which is seeking to expand its trade and investment presence on the Eurasian continent, as demonstrated by its Belt and...

 

Located in the south-eastern quarter of the Arabian Peninsula, Oman is the only member of the GCC situated outside of the Gulf. By leveraging its strategic location, Oman has invested in infrastructure with the goal of becoming a global logistics centre. While the country is less hydrocarbons-rich than its GCC neighbours, diversification...

 

NATIONAL CHARACTER: While Bahrainis are interested in and open to foreign cultures, they are also very proud of their own identity, history and culture, and are willing to share their local customs and traditions with those who are interested to learn.

 

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Benefitting from its robust financial services, industrial and manufacturing sectors, Bahrain’s economy is one of the most mature and diverse in the GCC. Although the kingdom has suffered in the wake of sustained low and volatile international oil prices – which have resulted in sluggish regional and national GDP growth, as well as a widening...

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