Experts have urged wealthy Gulf states to pump billions of dollars into their Arab neighbours to fend off the kind of unrest that has engulfed Syria and Iraq. Meeting at a conference in Bahrain, bankers, regional analysts and eco**mists said massive development was needed to fight the poverty and lack of opportunities that are fuelling unrest. "We need a pan-Arab Marshall development plan financed by rich Arab countries" in the Gulf, Ibrahim Dabdoub, deputy chairman of the International Bank of Qatar, told a conference in Manama organised by the International Institute of Strategic Studies (IISS) that ended on Monday. Fighting across the region, mainly in Syria and Iraq, has left thousands dead in the years since the mass demonstrations of the Arab Spring led to violent uprisings.
09-15-2014, 10:55 AM
Gulf urged to fund 'Arab Marshall Plan' to contain unrest
Experts have urged wealthy Gulf states to pump billions of dollars into their Arab neighbours to fend off the kind of unrest that has engulfed Syria and Iraq. Meeting at a conference in Bahrain, bankers, regional analysts and eco**mists said massive development was needed to fight the poverty and lack of opportunities that are fuelling unrest. "We need a pan-Arab Marshall development plan financed by rich Arab countries" in the Gulf, Ibrahim Dabdoub, deputy chairman of the International Bank of Qatar, told a conference in Manama organised by the International Institute of Strategic Studies (IISS) that ended on Monday. Fighting across the region, mainly in Syria and Iraq, has left thousands dead in the years since the mass demonstrations of the Arab Spring led to violent uprisings.
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