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They hv to find other revenue alternatives, development tourism, concentrate on petrochemical industries in which becomes essential part of any row material for most of all industries.
Appreciate you invitation,
Arab lands are very rich . but unfortunately there are\\were no good controlling \\directing for it ,so new sources should be found to pass this crisis , and planing for the coming five years to avoid such situations.
Nobody holds the crystal ball to look for the future of oil price. When the oil price is at $100 per barrel every oil producing countries started to invest heavily in oil production until the world had over supply of oil than to consume. Everybody is hurting. western countries suffer due to high cost of production and the eastern countries suffer due to the lost of revenue. It is not only the Middle East countries suffering but the whole world. Only those who had large money reserve can survive. Russia, Saudi, USA, and Canada top oil producing countries should freeze production to increase the oil price at $ 60 per barrel. So everybody may survive.
