Tactical SME initiatives and government support pave the way forward for long-term sustainable economic growth in the GCC

 GCC governments have been eager to develop long term sustainable economies diversified away from oil. Recent announcements have demonstrated their commitment to re-investing oil revenues towards further development of their domestic industrial and service economies. Recent international research by global management consultancy A.T. Kearney highlights the crucial and almost mandatory role and importance Small and Medium Enterprises play in the successful development of sustainable domestic economies and delivering on the ambitions of economic development plans and strategies.