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

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

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