The impact of foreign direct investment and trade on economic growth in Gulf Cooperation council countries

Recently, the economic growth has experienced several changes, beginning with trade agreements and partnerships that provide both possibilities and problems, as well as access to the installation of protective policies for international commerce. Governments are interested in the topic of imposing restrictions trade restrictions, and the themes of trade openness are discussed because otherwise investments won't give that all of these facts led to the conception of the idea for this study. The studies diagnose the reality of foreign trade, sheds light on the foreign investment in the GCC and the role assigned to it in realizing the vision of the future, as well as seeking to know the influence of foreign trade and FDI in the economic GCC. This research examines the possessions of FDI and trade between 1998 and 2020 on the GCC of Bahrain, Kuwait, Qatar, Oman, K.S.A., and U.A.E. by the using of the PMG/ARDL. The outcome demonstrates that, in the long term, FDI is beneficial and important but that only at a 1% level, trade is bad and significant. However, according to short-term estimates, FDI has a big and negative result on economic growth while trade has no impact on GDP. And the study's test of causation demonstrates that there is no causality among FDI, trade and economic growth. Keywords: Foreign direct investment, Trade, Economic growth, Cointegration test, PMG/ARDL, Causality test, Gulf Cooperation Council countries.