Petrochemicals in the Development Strategies of Saudi Arabia and the United Arab Emirates

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Analysis reveals petrochemical sectors in Saudi Arabia and UAE drive economic growth, indicating a shift towards internationalization.

The growth of petrochemicals significantly boosts the economies of Saudi Arabia and the UAE.
Internationalization strategies involve forming joint ventures and partnerships with global petrochemical companies.
Both countries aim for sustainability while prioritizing economic growth, despite concerns over greenhouse gas emissions.
Petrochemical products from both countries mainly target developing markets, ensuring sustained export opportunities.

I. Gakhokidze (2025) studied this question.

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