The GCC Economy is facing many challenges especially in view of the pressures of globalization and the changes in the world economy and also impact of the latest world financial crises on GCC economy and its future . In order to achieve stable economic environments, regional economies need to streamline and optimize their existing business and economic relationships. It is true that the rising price of oil has made these countries financially stronger, but it might not always be the case, the price of oil may fall and also it added another magnitude to the economic and business challenges they face.