With the introduction of economic reforms since early 1990s, the Arab Gulf economies, with their massive oil revenues in recent years are set to provide new business and investment opportunities for foreign investors in their developmental projects. The course aims to understand the dynamic of new business and finance in the Gulf under the rules of competitive market applied under the WTO regulations

Course Content:

UNIT-1 Economic Liberalization And Privatization

1. Economic Liberalizations in the Gulf Region
2. Arab Economies Under WTO Regulations
3. Energy Dependency and Diversification oil Revenues

UNIT-2 New Climate Of Business And Investment

1. Trade Patterns in GCC Countries
2. Intro-regional Arab Gulf’s Investments
3. Gulf Investments in Asian Economies

UNIT-3 Development Of Islamic Banking And Finance

1. Theoretical Justification of Islamic Finance
2. Islamic Modes of Financings
3. Islamic Banking Experiments in the Gulf

UNIT-4 India GCC Economic Linkages Since 1990s

1. Emerging Trends in Indo-Gulf Economic Relations
2. Energy Cooperation and Investments
3. Role of Indian Expatriates in the Gulf