1. GULF COOPERATION COUNCIL
Team 4:
Karim Abou El Kheir | Naveed Khan | Shirish Shetty|
Madhuri Sesha Sarma | Osman Humaida
2. What is the GCC?
Political and economic union of
the Arab states bordering the Persian Gulf and
located on or near the Arabian Peninsula,
namely Bahrain, Kuwait, Oman, Qatar, Saudi
Arabia, and United Arab Emirates
Reference: “http://en.wikipedia.org/wiki/Gulf_Cooperation_Council”
6. Common Cultural Norms
Share a regional culture that is sometimes
referred to as "khaleeji (gulf) culture". They all
speak the Gulf Arabic and share similar music
styles (sawt, fijiri,ardha, and liwa), cuisine, and
dress.
All six states are hereditary monarchies with
limited political representation.
Reference: “http://en.wikipedia.org/wiki/Gulf_Cooperation_Council”
7. Cultural Distribution
Bahrain Kuwait Qatar Oman Saudi Arabia UAE
Ethnic Group 1 Bahraini 62.4% Kuwaiti 45% Arab 40% Arab Arab 90% Emirati 19%
Ethnic Group 2 Non-Bahraini 37.6% Arab 35% Indian 18% Baluchi Afro-Asian 10% Arab and Iranian 23%
Ethnic Group 3 South Asian 9% Pakistani 18% South Asian South Asian 50%
Language 1 Arabic (official) Arabic (official) Arabic (official) Arabic (official) Arabic (official) Arabic (official)
Language 2 English English English English Persian
Religion 1 Muslim 81.2% Muslim 85% Muslim 77.5% Ibadhi Muslim 75% Muslim 100% Muslim 96%
Religion 2 Christian 9% Christian Christian 8.5% Muslim,Hindu 25% Christian
Religion 3 other 9.8% Hindu Hindu
Urbanization
89% 98% 96% 73% 82% 84%
Population
Rate of
1.80% 2.10% 1.6% 2.3% 2.20% 2.30%
urbanization
Reference: “https://www.cia.gov/library/publications/the-world-factbook/”
12. Economy of GCC Nation
Bahrain Kuwait Oman Qatar Saudi Arabia UAE
GDP $ 30.8 billion $ 149.8 billion $ 80.9billion $ 181.7 billion $ 676.7 billion $ 260.8 billion
Unemployed 15% 2.20% 15% 0.50% 10.80% 2.40%
Inflation Rate 2% 4% 3.20% -2.40% 5.40% 0.90%
Crude oil
production
and refining, Liquefied natural
Petroleum Crude oil Petroleum and
Petroleum, natural and gas, crude oil
processing and production, petrochemicals;
petrochemicals liquefied production and
refining, petroleum fishing,
Industries aluminum, Islamic
, cement, natural gas refining,
refining, basic aluminum,
shipbuilding (LNG) ammonia,
and offshore petrochemicals, cement,
and repair production; fertilizers,
banking ammonia fertilizers,
construction, petrochemicals
cement,
copper
Debt $14.77 billion $45.43 billion $8.211 billion $75.82 billion $80.95 billion $152.3 billion
Fiscal Year Calendar year April 1st. Calendar year April 1st Calendar year Calendar year
Reference: “http://www.globalroadwarrior.com/index2.asp”
13. GCC Nation Trade
700
600
500
400
Exports (billions)
300 Imports (billions)
Total Trade (billions)
200
100
0
Bahrain Kuwait Oman Qatar Saudi UAE
Arabia
14. Economy of GCC
Bahrain Kuwait Oman Qatar Saudi Arabia UAE
S A 2.9% Japan 15.5% China 26.3% Japan 30.3% Japan 14.3% Japan 17.1%
Top Export
Japan 2% India 15.3% S K 12.4% S K 13.1% China 13.1% India 13.6%
Partners UAE 1.9% SK 13.5% Japan 12.1% India 8% US 13% Iran 6.9%
SA 24.7% US 14.2% UAE 25.1% US 15.5%, US 12.4% India 17.5%
Top Import
US 12.2% China 9.5% Japan 15.4% Germany 9% China 11.1% China 14%
Partners China 7.8% SA 7.3% India 5.6% UAE 7.3% Germany 7.1% US 7.7%
Liquefied
Petroleum and Oil and natural gas
Petroleum, Petroleum and Crude oil 45%,
petroleum refined (LNG),
Top Export products, products,
reexports, fish,
petroleum
petroleum natural gas,
metals, textiles products 90% reexports
aluminum, textiles fertilizers products,
fertilizers, steel
Food, Machinery and
Machinery and Machinery and Machinery and
Crude oil, construction transport
transport equipment, transport
Top Import machinery, materials, equipment,
equipment, foodstuffs, equipment,
chemicals vehicles and manufactured
food, chemicals chemicals, chemicals, food
parts goods, food
Reference: “http://www.globalroadwarrior.com/index2.asp”
20. 10 Business Tips GCC
• Diverse
• Family
• Hierarchy
• Bureaucracy
• Power Shift
• Honor
• Quality
• Timing
• Oral Communication
• Language is Compliant
