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Oman's 1970 coup launched a new political and economic structure that was created by and for Sultan Qaboos. The initially haphazard construction matured into a durable structure that continues under Sultan Haitham. This work details the early construction of the Qabusid state in the 1970s-1980s, emphasizing the interplay between personalities and the process of institutionalization. The narrative continues to the present demonstrating the resilience of the Qaboosid system.
This volume focuses on the role of the private sector in diversifying the economics of Gulf countries in the post-petrodollar era, when fluctuating and declining oil prices are negatively impacting national expenditures. It explores current policies of countries in the Gulf Cooperation Council and their efforts to shift their economies away from heavy dependence on hydrocarbons. The structural changes will create favorable conditions for the private sector to flourish, shift production dependence from public to private sector, and allow for more efficient resource allocation. Such changes will also allow local banks to provide financial support to small and medium enterprises, boost entrepreneurship for job creation, and strengthen organizational structure and efficiency. This is the first volume in Economic Diversification in the Gulf Region.
This book addresses critical aspects of the nationalization of labour markets in the Gulf countries. It examines the role of higher education institutions in providing the market with the right skills that are most needed in the era of the fourth industrial revolution (industry 4.0). The book also explores the new dynamics of technology and information systems in upgrading the skills, changing the work environment, and generating employment for the youth in the Gulf countries. The holistic approach of the subject area makes this volume indispensable to academics, researchers, students, and policy makers in the Gulf region and beyond. The book covers a broad range of topics including the nationalization of labour market programmes such as Emiratization and Saudization, attitudes toward women in workplace, the role of high-tech firms in upskilling and enhancing the productivity of workforce, while also providing sector-specific investigations in healthcare, banking, finance, tourism, and hospitality. The analysis is based on original research and primary data collected by a group of scholars from 15 countries and presented in an illustrative, accessible, and concise manner.
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Oman, for some time, has been a nation on the move. An integral part of the GCC, it is also seeking to extend its influence further afield via the development of port infrastructure that is set to make it a firm fixture on the East-West transport route. But Oman isn't developing unguided, instead sticking faithfully to Vision 2040, a wide-ranging, ambitious blueprint that foresees the development of a diverse, sustainable economy unshackled by a reliance on oil and gas, which currently plagues much of the region. In this edition, which features interviews with top business leaders from across the economy, as well as news and analysis, we cover: diplomacy, finance, Vision 2040, 4th Industrial Revolution, digital innovation, sustainability, logistics, real estate, agribusiness, and tourism and retail.
This volume explores the challenges to diversification in Gulf countries, which can no longer rely on profits from hydrocarbons to fund national expenditures. It elaborates on the problem of weak institutions, lack of coordination between policy makers and executors, limited investment in research and development, and a workforce that is too poorly skilled to compete in the private sector. In addition to analyzing issues in areas such as education, labor, business, and trade, the contributors underscore the importance of using global best practices to overcome fundamental weaknesses in the Gulf Cooperative Council's economic structure that limit opportunities for economic diversification. This is the second volume in Economic Diversification in the Gulf Region.
1.Current Affairs Refresher 2020 is a important events from January 2020 to August 2020. 2.Hot Shots: covers all the latest events occurred in the country 3.Current Affairs: provides the latest information about the National and International happenings, Economy, Banking, Science & Technology, Space etc 4.More than 500 Current Shooters are given for quick coverage of the events 5.Who’s Who is given to provide the basic knowledge about the countries, states and appointed officials, 6.Highly useful for IBPS & SBI (PO, Clerk), NDA, CDS, SSC (CGL, 10+2, MTS), Railways, Delhi Police Constable, OPSE, BPSE, other State Level exams. Its been 8 months and this year has been on a wild roller coaster...
All of the GCC countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—are undergoing historic socio-economic transitions. They are facing enormous strains on public finances and challenging economic outlooks, due to fluctuating oil prices, demographic pressures, high unemployment rates, and a lack of economic diversification. These countries also are likely to feel the rising impact of climate change, and global policies to deal with it, over the coming decades. In addition, seemingly unstoppable shifts in the long-standing international order, notably the rise of China and uncertainties about U.S. leadership, have potentially serious implications for the Midd...
A history of contemporary Kuwait as seen through the life of an individual Kuwaiti. This book reviews and analyzes the modern history of Kuwait through the life of Abd al-Aziz Sa‘ud al-Babtain, a wealthy businessman, philanthropist, and poet. He is the head of a large, influential international cultural foundation based in Kuwait City. Abd al-Aziz’s life story tightly interweaves with modern discussions on the history of the state of Kuwait. There are very few books taking a collective grip on the history of the state of Kuwait. Likewise, there are very few studies about the generation of Gulf individuals who experienced, benefitted from, and even suffered from the discovery of oil, and who has been a crucial part of socioeconomic and cultural developments in countries like Kuwait in recent history. By constructing a cohesive overview of the modern history of Kuwait enriched by the life of an individual that has lived through the better part of that particular history, this book fills a lacuna in contemporary scholarship on the Middle East, and especially the Arabian or the Persian Gulf.
A small town on a sandy creek half a century ago, Dubai is now the largest trading, commercial, leisure and transport entrepot in the Gulf and wider region. This book explains the reasons for the emergence of Dubai and its distinctive development trajectory, arguing that the decision, in the 1970s, to invest in infrastructure made possible by shipping containerization laid the foundations for its future expansion. The book shows that in contrast to its competitors' hydrocarbon rentier economic model, Dubai's creation and expansion of ports and airports, together with 'value-added' logistics and business-friendly enhancements, were used to out-compete regional rivals. Drawing on a range of primary and secondary sources, including interviews with logistics business-people, government records, memoirs, it fills a significant lacuna in the history of Dubai's development and emergence as a global trade hub.