StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Background of GCC , Egypt and Malaysia - Essay Example

Cite this document
Summary
The above mentioned parameters are gaining tremendous impetus in Gulf Cooperation Council region (GCC) as these regions are experiencing stupendous…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.2% of users find it useful
Background of GCC , Egypt and Malaysia
Read Text Preview

Extract of sample "Background of GCC , Egypt and Malaysia"

Download file to see previous pages

The findings inferred will be discussed in the concluding sections of the project. Gulf Cooperation Council regions have huge reserves for oil and natural gas and most the countries in the world countries are depended on it for its daily supply of energy. The GCC region includes six countries from the Middle East. These countries are United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain. These six countries came together in 1981 to form the ‘Gulf Cooperation Council’ in order to cooperate, coordinate and integrate various policies, politics and economic affairs (Laabas & Limam, 2002).

The GCC agreement has helped these countries to avoid foreign intervention regarding oil and gas procurement.HH The oil and gas reserves present in these countries are its most vital resource and the key to its prosperity. Around “40% of the world’s proven oil and 23.6% of the world’s proven gas reserves” are held by GCC countries (Reiche, 2010). The population growth rates in these countries are indebted to the high economic development and increasing employment opportunities. Nearly, 39 million people are living in these countries which accounts for 0.

06% of the total world population (Reiche, 2010). Table 1 depicts the economic and socio-demographic indicators of GCC countries projecting the expected population growth in 2015. Gulf Cooperation Council regions are rich in oil and natural gas reserves and their economic development is solely depended on it. Rising demand and price of oil and gas during 2002 to 2008 have further boosted the economic growth in GCC countries. Oil export contributes the major chunk of revenue in their overall GDP.

Recently, their oil export has increased significantly and has reached to 67% as compared to 61% in 2002. However, this growth was not uniform in all the countries, with Qatar and Oman experiencing the downward slash. Table 2 depicts the government revenues, oil exports and

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Background of GCC , Egypt and Malaysia Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Background of GCC , Egypt and Malaysia Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from https://studentshare.org/miscellaneous/1569345-background-of-gcc-egypt-and-malaysia
(Background of GCC , Egypt and Malaysia Essay Example | Topics and Well Written Essays - 3000 Words)
Background of GCC , Egypt and Malaysia Essay Example | Topics and Well Written Essays - 3000 Words. https://studentshare.org/miscellaneous/1569345-background-of-gcc-egypt-and-malaysia.
“Background of GCC , Egypt and Malaysia Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/miscellaneous/1569345-background-of-gcc-egypt-and-malaysia.
  • Cited: 0 times

CHECK THESE SAMPLES OF Background of GCC , Egypt and Malaysia

Three biggest problems in Malaysia

The Biggest Problems in malaysia Institution Date The Biggest problems in malaysia Abstract Every society experiences its unique problems, ranging from social, political to economic difficulties.... hellip; As one of the components of the world, the country of malaysia faces certain problems carrying significant impact on the country's economy.... Introduction The country of malaysia faces numerous problems that range from socio-cultural to socio-economics and technological advents....
3 Pages (750 words) Essay

A Malaysian Election Case

nbsp;malaysia had been a subject of various social studies in the past two decades, particularly on politics and development planning.... M registered (Roughneen & Magnier, “malaysia GE13”, Ford, and “Ruling Coalition”).... The essay "A Malaysian Election Case" focuses on the critical comparative analysis of the impact of new media on its readers based on the Malaysian election case....
8 Pages (2000 words) Essay

Malaysia - Managing Foreign Labor

The neighboring countries of malaysia are Thailand, Indonesia and Brunei from the land and Singapore, Vietminh and Philippines from the sea.... The… malaysia is a federal constitutional monarchy and the head of the state is a king Yang di-Pertuan Agong.... malaysia is a market economy.... malaysia provides limitations through age and nationality restrictions.... Workers should be between 18 and 45 years of age, and no resettlement of dependents in malaysia is allowed....
4 Pages (1000 words) Research Paper

Malaysian Airline as the Major Airline Operator of Malaysia

The paper "Malaysian Airline as the Major Airline Operator of malaysia" is based on the communication strategies of the Malaysian Airline System.... The future vision of all Malaysian Airline System is to improve the reputation of the organization to their global clients and recognized as a leading airline of malaysia.... Malaysian airline is the major airline operator of malaysia whose primary hub is Kuala Lumpur International Airport (Strydom, 2005)....
12 Pages (3000 words) Case Study

A Background on Egypt

This paper A Background on egypt will be discussing the issues such as the strategic position of the country, its political system and leadership, its development in terms of infrastructure and economy, military order of battle, and its foreign policy.... hellip; As the report highlights egypt is an Afro-Asiatic transcontinental country that, via the Sinai Peninsula, spans the northeast corner of Africa and the southeast corner of Asia.... egypt's population is 87 million people, making it the fifteenth-most populous in the world....
6 Pages (1500 words) Essay

Loans in the Islamic Banking System

This paper "Loans in the Islamic Banking System" focuses on the fact that the development of Islamic banking in the international market has been primarily related to the need for supporting the local needs of individuals and firms that were interested in keeping their funds under the Sharia law....
20 Pages (5000 words) Research Paper

The Biggest Problems in Malaysia

The study "The Biggest Problems in malaysia" focuses on the critical analysis of the biggest problems in malaysia, namely alcoholism, poverty and violence, poorly structured schools, discrimination in healthcare benefits, and employment opportunities.... As one of the components of the world, the country of malaysia faces certain problems carrying a significant impact on the country's economy.... The country of malaysia faces numerous problems that range from socio-cultural to socio-economics and technological advents....
5 Pages (1250 words) Case Study

Malaysia Airlines Flight 379 Disappearance

The author of the following paper "malaysia Airlines Flight 379 Disappearance" examines and presents the potential causes of the plane's disappearance, investigation and search and, the conspiracy theories behind the disappearance (CBS News 1).... hellip; malaysia Airlines Flight 370 was an international passenger flight that went on a mission upon leaving malaysia's Kuala Lumpur International Airport on its way to China's Beijing Capital International Airport, on March 8, 2014, at 12....
7 Pages (1750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us