This study aims to analyze the lived experience of Iranian and Arab traders of the Persian Gulf region through a thematic analysis approach. This study is applied research. It is also applied research with a descriptive-exploratory approach. The intellectual paradigm is qualitative interpretation in terms of probing depth and terms of the nature of the data. The statistical population is Iranian and Arab businessmen of the Persian Gulf region with at least 5 years of business experience. The sample size of the research is 13 people according to the theorem of theoretical saturation because no new concept or material was added in the interview with the people. The sampling method in qualitative research was Snowball sampling. Therefore, the people who were interviewed mentioned the following people. Interviews were used to collect information. In this regard, the usage the thematic analysis approach has been used. The research model was drawn by MAXQAD 2022. In total, 7 main co with 38 sub-themes were extracted from the results. The main themes are cultural commonalities and differences, political laws and conditions, strategic positions, and obstacles. This research is descriptive-exploratory based on the method of data collection. Also, this research is considered applied research. Weakness, strengths and opportunities, threats, and global and international equations were extracted.