There’s a ‘very exciting’ future beyond oil for Gulf countries, Investcorp says

There’s a ‘very exciting’ future beyond oil for Gulf countries, Investcorp says

Fadi Arbid, chief investment officer of Amwal Capital Partners, also told CNBC "we should not look at oil prices as the driver of the Saudi economy anymore.". The Gulf Cooperation Council (GCC) has a 'very exciting' outlook beyond oil. While the GCC could simply look backward and be "wedded" to the oil industry, Hazem Ben-Gacem, co-chief executive of Investcorp, said he would like the region to "think differently.. "I think there is a clear path for GCC 2.0 that is away from fossil fuel..