Abstract: Almost all Arab countries have experienced big and rapid changes in their societies and economies in recent years. In the first half of 2008, oil and natural gas prices began to grow very rapidly, leading to huge profits in Arab oil-producing countries. However, at the same time, they had to cope with the rapidly rising prices of food and raw materials that threatened their economy and social stability. The effects of the financial crisis and the expectations of much lower global growth have been caused by the collapse of oil prices.