Qatar Economic Forum discusses massive transformations in economies of GCC states

Doha, Qatar: A panel discussion was held at the Qatar Economic Forum (QEF) under the title: “Reshaping Middle East Economies” which discussed the massive transformations the economies of the Gulf Cooperation Council (GCC) states have witnessed throughout the last years, especially after they made great strides in increasingly diversifying their economies to reduce dependence on oil and gas resources as a sole source of income.

Accordingly, the panelists tackled the experience of the State of Qatar and the Kingdom of Saudi Arabia in this field. They reviewed the manifestations of these transformation in numbers, whether in terms of…