When we say Arab, one of the first things that come to mind is oil. That’s exactly why the Arab countries are rich. The so-called oil-rich countries also have “oil richness” among themselves. Here are the 10 of the Richest Arab Countries.
It is one of the richest Arab countries in Africa, especially because of the abundance of natural resources that are in great demand in the international market. Algeria is the largest oil producing country in Africa. It is also home to many important minerals such as Iron, Mercury, Copper and Lead. It is also the natural gas exporter of Europe.
The most important income source of this beautiful country comes from mining and production, but tourism is the most important factor in the development of this country. Tunisia, which shares the Mediterranean with its borders and the world’s greatest desert Sahara, is one of the richest countries of Africa.
Even though Lebanon has tensions with its neighbors, it still has a very important cultural prescription because it has been one of the most important centers of agriculture and trade since ancient times. The most important income source of Lebanon comes from agriculture and trade.
The country with the 10th largest oil reserves in the world is naturally the largest source of income for oil.
Oman’s oil reserves make it one of the richest Gulf countries in the world.
5. Saudi Arabia
Saudi Arabia is undoubtedly one of the richest Arab countries in the world, as it is one of the richest oil and natural gas producers in the world and ranked 5th on our list. Although it is in the first place in terms of production of oil and petroleum-related products.
Bahrain is a very small island. Bahrain is also one of the most ideal tourist countries in the world, with being one of the biggest producers of many interesting and exquisite products, and is very popular in the world.
3. United Arab Emirates
The UAE is one of the countries that use its resources best. The country, which has Burj Khalifa, the highest building in the world, and a lot of touristic regions like Palm Islands, also has a lot of oil reserves at the same time.
Kuwait is best known in the world for being a currency having the highest International value. There are enough reasons to be one of the wealthiest Arab countries in the world, especially with its robust economy and oil reserves.
Qatar is another country that is one of the largest producers of oil and natural gas. Qatar is the largest exporter of natural gas and has 14% of the world’s natural gas. This is the greatest reason why Qatar is the richest Arab country in the world.