Before the war in Gaza, it had been poised to boom
A month ago, on the eve of Hamas’s attack on Israel, there were reasons to be hopeful about the Middle East. Gulf states were ploughing billions of dollars of oil profits into flashy investments, building everything from sports teams and desert cities to entire manufacturing sectors. Perhaps, optimists thought, the wealth would even trickle down to the region’s poorer countries.
Some diplomats hope that a larger influx might follow, perhaps even on the scale seen by Jordan when it welcomed Palestinians in the 1940s and Syrians in the 2010s, if Egypt were given the right financial incentives. In 2016 looking after 650,000 Syrian refugees cost Jordan’s state $2.6bn, much more than the $1.3bn it received in foreign aid. There are twice as many internally displaced people in Gaza.
Belgique Dernières Nouvelles, Belgique Actualités
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