The focus of this thesis research revolves around two hypotheses in an attempt to find out which is more accurate in today’s globalized and industrialized world. The first hypothesis looks at oil as bringing harm to the Arab world, while the second one considers oil as being a blessing and a tool of development. Oil, despite the numerous benefits and blessings that it brought to the Arab world, according to scholars, has also had a negative impact on the political landscape and socioeconomic conditions of several Arab Countries. This research intends to highlight the pros and cons related to ...