Foreign Capital Investment in Member States of the Gulf Cooperation Council

1991 ◽  
Vol 6 (3) ◽  
pp. 231-266
Author(s):  
William F. Pepper
2021 ◽  
pp. 234779892110573
Author(s):  
Amira Ahmed Elsayed Abdelkhalek

The Gulf Cooperation Council (GCC) is considered one of the most important regional organizations in the Middle East and North African (MENA) region, which effectively solves some of the crises in the sub-region and the wider Middle East. GCC has employed many diplomatic procedures to address regional crises, including mediation, negotiation, and arbitration. Undoubtedly, GCC has successfully resolved some intrastate conflicts, particularly border conflicts among its member states. However, despite these achievements, the GCC has failed to resolve several regional disputes, and the continuation of such crises threatens the region’s security and stability. This article seeks to explore why the GCC institutions are ineffective in resolving some regional crises. In doing so, it addresses the comparative study by focusing on two case studies (the Iraq–Iran War and the ongoing Yemen Crisis) and provides three main results: first, the GCC has not directly intervened as an institution to resolve certain disputes; however, some GCC members have acted on its behalf and represented it. Second, despite the GCC member states’ efforts, they are still unable to resolve and settle some disputes because they prioritize self-interest over collaboration. Third, the conflict of interest of various regional actors contributes to the lack of significant progress in resolving crises.


Author(s):  
Simon Chadwick

This chapter presents an overview of sports business in the six Gulf Cooperation Council (GCC) states. GCC member states stage mega-sports events and invest in global sports through the acquisition of football clubs, for example. Shirt sponsorship and stadium naming rights deals of the region’s national airlines aim to create favorable perceptions of the companies and their nations as well as to diversify economies beyond oil and gas. This chapter also provides a statistical profile of sport in each GCC member state and shows that Bahrain, Kuwait, and Oman are lagging far behind Saudi Arabia, the United Arab Emirates, and Qatar in terms of sport industry size. Fluctuating oil prices, political tensions between GCC states, and weak attendance at games are serious threats to the future growth of the sport industry. Our conclusion is that the private sector needs to develop extensively in order to replace the state as the industry’s central focus.


Sign in / Sign up

Export Citation Format

Share Document