An era of greater peace and stability may be starting to come to the Middle East. Once former archenemies, Saudi Arabia and Iran have started to enter a new era of détente. Once ostracized, Syria has been welcomed back into the Arab fold.

The UAE is investing in the country's non-oil future. In fact a lot of the Middle East has been working hard to move from conflict to greater peace and prosperity. The recent developments could signal a new era for the global competitiveness and productivity for the region and the world.

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