Middle East

Arabian Gulf states are building an economy based on finance, technology, education and travel for a future beyond oil

Most people's view of the Middle East is often focused on two interlinked factors: its crucial position as the main global provider of oil, and the political tensions that exist in this part of the world.

But phenomenal economic growth, driven by surging oil prices, is giving states in the region a head start as they reposition themselves for a future beyond oil. The most notable shift: The Middle East is now promoting itself alongside China, Europe and the United States as a new hub for the world's economy.

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