Research

Mark Achkar Engage The Onero Institute Mark Achkar Engage The Onero Institute

Hydrogen’s Role in Economic Diversification and Market Growth in the Gulf

For decades, the economic prosperity of the Gulf states has been inextricably linked to oil and gas exports. These resources have fueled rapid development, infrastructure expansion, and geopolitical influence. However, as global demand for fossil fuels slows in response to climate change initiatives, net-zero commitments, and carbon pricing mechanisms, the Gulf states must adapt or risk economic stagnation.

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Mark Achkar Engage The Onero Institute Mark Achkar Engage The Onero Institute

The Rise of the Gulf’s Hydrogen Economy: Oman, Saudi Arabia, and the UAE’s Path to Global Leadership

The global energy landscape is undergoing a seismic shift as countries seek cleaner, more sustainable alternatives to fossil fuels. Hydrogen has emerged as one of the most promising solutions, capable of decarbonizing industries, replacing natural gas, and powering the world’s future energy networks. As the global race for hydrogen leadership accelerates, the Gulf states—Oman, Saudi Arabia, and the UAE—are stepping up as major players in this emerging economy.

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