What is the economic status in the Middle East?

Answer 1

The Middle East has a number of different economic levels depending on country. Some of the countries, like those in the Gulf region use their oil-wealth to build modern infrastructure and have a high level of inequality between the rich emirs and the average population. You have places like Oman where most economic transactions happen locally and are based on the same types of artisanal trade that has occurred for centuries. You have nations like Jordan which have opened up to Western investment and seen a blossoming of their internal economic structure without oil-wealth. You have nations like Syria which are poor overall and lack much financial distinction between the upper-class and lower-class. Finally, you have states like Israel and Turkey with completely westernized economies that deal heavily in international trade and goods/services production.