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Dr Abdel Moneim El-Sayed, Director of the Cairo Center for Economic and Strategic Studies, confirmed that the Arab world is full of wealth and distinctive geographic location at the center of the continents of the ancient world, which precipitates world powers to control it, stating that the monetary oil reserve is estimated at 415 billion barrels, equal to 65% of the world oil reserve.
Dr. Abdel Moneim El-Sayed added, in a telephone interview on the “Al-Masry Effendi” program with journalist Muhammad Ali Khair, on Cairo Channel and the People, that natural gas in the Arab world accounts for 25% of reserves. of natural gas in the world, plus the fact that sovereign wealth funds in most Al Arabiya countries exceed the size of more than $ 5.3 trillion, in addition to the cash reserves of $ 2.1 trillion in the Arab world.
Dr Abdel Moneim Al-Sayed pointed out that the plans call for regional and international powers to control these resources, adding, “Turkey is seeking to explore gas in Libyan regional waters to try to influence and control Libyan oil and gas sites. to increase income and achieve a more powerful economy in the center of the world “.
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