The most ironic part of it is the total ignorance of economic theory on the part of the journalists who propagate the stereotype of the Middle East at large as the hotbed of extremism, radicalism, Islamism and terrorism and nothing else.But they're missing a lot. It shouldn't just be about politics and ideology, but about business as well.
Most business leaders in the Arab world are Western-educated and understand that the only way to retain wealth is to put it to work to create more wealth.
They know that the oilfields are a finite resource that will someday be depleted, and they are eager to diversify their economies all over the world.
For More: http://news.investors.com/Article.aspx?id=603393&p=1&ibdbot=1
Thank You
Most business leaders in the Arab world are Western-educated and understand that the only way to retain wealth is to put it to work to create more wealth.
They know that the oilfields are a finite resource that will someday be depleted, and they are eager to diversify their economies all over the world.
For More: http://news.investors.com/Article.aspx?id=603393&p=1&ibdbot=1
Thank You
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