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Transforming Arab Economies: Traveling the Knowledge and

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  • How do you develop a knowledge economy?

    Additionally, investment in the development of worker skills through education and training is important for creation of knowledge workers.
    Knowledge workers are essential for further development of the knowledge economy, either through contributing to the expansion or development of new markets.

  • What drives the economy in the Middle East?

    The region is best known for oil production and export, which significantly impacts the entire region through the wealth it generates and through labor utilization.
    In recent years, many of the countries in the region have undertaken efforts to diversify their economies.

  • When did the Middle East become rich?

    The world's economy runs on oil, and many Centre Eastern nations have become remarkably rich from it.
    Oil-producing nations are frequently associated with the Middle East's wealthiest nations.
    Prior to the discovery of oil in the 1930s, the region was poor compared to global standards.

  • Oil and natural gas are the twin engines that power the Middle East's economy.
    The region is home to 53 percent of the world's proven oil reserves and nearly half of all known natural gas reserves.
Transforming Arab Economies: Traveling the Knowledge and Innovation Road was prepared by the Center for Mediterranean Integration (CMI) with the World Bank, the European Investment Bank (EIB), and the Islamic Educational, Scientific, and Cultural Organization (ISESCO).

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Transforming Arab Economies: Traveling the Knowledge and