Page 45 - Aamir Rehman - Dubai & Co Global Strategies for Doing Business in the Gulf States-McGraw-Hill (2007)

Significant pockets of instability, especially Iraq and between Israel and the Palestinian Territories Traditionally driven by trade and agriculture, the region has been negatively impacted by political and civil conflict. This holds true for the tourism sector. Reconstruction efforts pose oppo

Mostly stable, but some succession issues Agriculture is the significant source of income. Modern export agriculture produces Mediterranean products while traditional agriculture produces cereal crops. Foreign trade is highly concentrated in the EU. Economic growth is hampered by large populations an

Oil and gas are the bedrock of the economy. Revenue from nationalized oil companies fuels government budgets and consumer spending.

Mostly stable

Political Stability Economic Systems

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