The UAE was nothing just 60 years ago now it's a prosperous country. This is what oil can do if managed right!
World is turning away from Oil and to stored battery energy. Graphene has been showing to substantially extend battery life and it was discovered by a freshman MIT female student.
This is why Saudi Prince is turning to tech sector and meeting with Google and looking for alt energies and tourism. He even stopped religious police harassing women and forcing them to cover face and not wear makeup and the ladies can drive now.
He knows his oil rich days are numbered. Electric cars and electric semi trucks and electric buses have been getting longer and longer range and with quantum computing here, it'll make battery tech even better with new quantum computing discoveries.