INSEAD Day 4 - 728x90

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.

FAB profit edges higher

Income growth supports steady earnings.

UAB H1 profit climbs

Income, lending drive first-half growth

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

Qatar wealthiest Arab nation, Somalia poorest

  • The bottom 50 percent of earners in the Arab world control less than 12 percent of national income.
  • Political instability in some Arab countries, such as Yemen (the second poorest) has led to economic hardship.

Dubai, UAE — The Arab world is one of the most unequal regions in the world. According to the World Inequality Database, the top 10 percent of earners in the Arab world control more than 56 percent of national income, while the bottom 50 percent of earners control less than 12 percent. This means that the richest 10 percent of people in the Arab world are more than five times as wealthy as the poorest 50 percent. The disparity is the starkest when the GDP of the oil-rich Gulf states is compared with that of some African countries. In this infographic, TRENDS takes a look at the richest and the poorest Arab countries: