A hub for the GCC (56 millionpeople) and the Middle East (358 million people) regions
5th largest economy in the Middle East in terms of GDP PPP (2019)
Attractive market with a high GDP per capita (USD 37,750 in 2019)
A major source of oil & gas, and a big market for imported machinery, motor vehicles and plastics.
Economy is no longer reliant on oil only. There are opportunities for trade, services & finance sectors, tourism with modern architecture, entertainment and dining venues, traditional markets, shopping centers and sporting events.
Customs Union for GCC States, FTAswith EFTA and Singapore
