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Showing posts with the label sovereign wealth funds

🌍 What If Oil Is Forever Gone in Arab Countries? 💰 Will Their Wealth Survive the Shift?

In the modern global economy, oil-rich Arab nations have long held a position of immense influence. For decades, their vast reserves of crude oil have been the bedrock of national wealth, funding not only government operations but also lavish infrastructure, social welfare systems, and ambitious development projects. But what if, one day, oil is forever gone in the Arab world? Would these nations be able to sustain their wealth and preserve their global economic relevance? This question no longer belongs solely in the realm of fiction. As the world steadily shifts toward renewable energy , with international accords pushing for carbon neutrality and investors withdrawing from fossil fuel projects, Arab countries find themselves at a crossroads. While most conversations focus on economic diversification , this article takes a different lens: examining the deep structural foundations built by oil revenue and whether these legacies can carry over in a post-oil future . 🏙️ The Oi...