A global oil price decline since the second half of 2014 has negatively impacted the economies of GCC countries, which heavily depend on the oil and gas sector. This led to a decline in trade surpluses and undermined current account balances, resulting in a slowdown of economic growth in these...

The aim of the research is to suggest policy implications for Korean companies that want to expand their business in the Middle Eastern electricity sector, examining industrial policies and various business in the sector. Government policies that help Korean companies expand their market in the...

The GCC oil exporters including Saudi Arabia and the UAE are under strong pressure to prepare for decreasing global oil demand in the era of energy transition and carbon neutrality. To overcome these challenges, they need to diversify their industrial structure and develop low carbon...

For the financial cooperation between Korea and the Middle East after the global financial crisis and the Arab Spring Korean commercial financial institutions should enhance global financial capability together with policy finance institutions including Korea Development Bank and Korea Eximbank....