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What a future without oil looks like for the Gulf countries | CNBC Explains

Duration: 10:51Views: 414.7KLikes: 7KDate Created: Sep, 2021

Channel: CNBC International

Category: News & Politics

Tags: saudi arabiapoliticscnbceducationgccgulf cooperation councilfinancialbahrainunited arab emirateshydrogencnbc explainsoiluaegulfworld without oilking salmannessa anwarkuwaitmohammed bin salmanfuture of oil and gas industrysaudi aramcobusinesssaudi vision 2030oil productioneconomyhadley gamblegreen hydrogencarbon neutralgcc countriesmiddle eastinternational energy agencyarab springcnbc internationalarab

Description: Once a region seeing vast flows of wealth due to natural petroleum resources, the market slowdown and plunging oil prices have placed the Gulf Cooperation Council in a position of economic uncertainty. CNBC's Nessa Anwar is joined by Hadley Gamble to discuss the GCC's challenges, from economic diversification to their internal disagreements. Contents: 00:00 - Intro 01:20 - Why was GCC set up in the first place? 01:50 - Arab Spring 2011 03:16 - Key oil events 05:23 - Economic diversification in the Gulf countries 06:26 - Saudi Vision 2030 07:11 - Education in Gulf countries 08:11 - UAE's priority towards green hydrogen 08:38 - The road ahead for GCC ----- Subscribe to us on YouTube: cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: cnb.cx/2NGytpz Like our Facebook page: facebook.com/cnbcinternational Follow us on Instagram: instagram.com/cnbcinternational Follow us on Twitter: twitter.com/CNBCi

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