Partnerships, not output, will drive future economy: Sheikh Khalifa | Gulf Times - gulf-times.com

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GCC CONTEXT

The emphasis on partnership-based economic models reflects a broadening GCC policy focus on diversification beyond traditional hydrocarbon-led growth, signaling structural shifts toward joint ventures, foreign direct investment frameworks, and knowledge-transfer arrangements as drivers of non-oil GDP expansion. Historically, GCC economies have relied heavily on state-led infrastructure and energy sectors, but recent strategic pivots—particularly across the UAE, Saudi Arabia, and Qatar—have prioritized private-sector collaboration and regional integration to sustain long-term competitiveness. This framing aligns with macroeconomic trends in the Gulf, where downstream industries, tourism, financial services, and technology sectors increasingly depend on cross-border partnerships and institut

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