Previous Issues

Pre-war Epoch

The Arab world, presently, is of great considerations and for economic reasons. The region is the primary petroleum-exporting area in the world and has supplied most of the crude oil required by Western Europe and Japan. Is oil fields, mineral deposits, and manufacturing sectors continue to attract considerable foreign investment .The middle East has also become an extremely competitive and rapidly expanding market for foreign made consumer and capital goods, for which local industrialization and development projects have created a great demand. Since the middle of the century the region’s direction of trade has been oriented toward the West. . However, Japan has recently emerged as one of its major trading partners and as a keen competitor to the West.