Top 15 Richest Arabic Countries in the world 2024
<p>Introduction<br />
The Arab world is home to some of the richest countries in the world due to their abundant oil and gas reserves. In 2024, most Arab economies continue to rely heavily on income generated from oil and gas exports which constitute the bulk of their national incomes. However, efforts are underway across the region to diversify economies away from over-dependence on hydrocarbons.</p>
<p>The Gulf countries led by Saudi Arabia, UAE, Qatar, Kuwait and Oman continue to top the list of richest Arab countries given their substantial oil and gas reserves. However, even oil-importing middle income countries like Egypt, Morocco and Jordan have seen considerable economic growth and development in recent years.</p>
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