The economies of the Middle East and North Africa (MENA) countries have been traditionally dependent on the oil and gas sector. However, in recent years, there has been a slow drift in the economic policies of the countries in this region and they are now more inclined towards non-oil based sectors. This is because crude oil is rated as a dynamic commodity and economic dependency on oil can adversely affect the stability of this region. In addition, as oil is a non-renewable source of energy ... Read more
