look at Saudi Arabia holdings they are invested in global financial system and deal in interest everyday.
The other issue is Middle East is trying to diversify from oil but it’s taking long time. When you go there everything is imported phones , cars, shoes,food, and even weapons. It works because they are oil rich but it’s not sustainable
The other issue is Middle East is trying to diversify from oil but it’s taking long time. When you go there everything is imported phones , cars, shoes,food, and even weapons. It works because they are oil rich but it’s not sustainable