History

Can The Middle East Survive Without Oil?

As oil prices remain low, oil-rich Middle Eastern countries search for new revenue sources. How are oil states diversifying their economies?

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Saudi Arabia to run out of cash in less than 5 years (money.cnn.com)
"Not even the mighty Middle East can survive cheap oil forever."

The Middle East in a Post Oil-Boom Era? (brookings.edu)
"A year ago, my colleagues and I were espousing that, for the first time in the Middle East's recent history, the region was enjoying two dividends simultaneously: an oil boom and a large youthful population. "

Why the Saudis Are Going Solar (theatlantic.com)
"Prince turki bin saud bin Mohammad Al Saud belongs to the family that rules Saudi Arabia. "

Qatar's Sovereign-Wealth Fund to Invest at Least $15 Billion in Asia (wsj.com)
"Qatar's sovereign-wealth fund is gearing up to invest $15 billion or more across Asia, and plans to team up with China's Citic Group as it pursues infrastructure and other investment."