Economy of the Arab League
The Arab League is rich in resources, with enormous oil and natural gas reserves. The region's instability has not affected its tourism industry, which is considered the fastest growing sector in the region, with Egypt, the "United Arab Emirates", Lebanon, Saudi Arabia and Jordan leading the way. Another industry that is growing steadily in the Arab League is telecommunications. Within less than a decade, local companies such as Orascom and Etisalat have managed to successfully compete internationally as global power players. Economic achievements among member states have been low in the League's history . Other smaller Arab organizations, such as the GCC, have achieved more than the League has. However, lately there has emerged several major economic projects that slated to be completed soon that appear promising. Of these, the Arab Gas Pipeline, a project which hopes to funnel Egyptians and Iraqi gas to Jordan, Syria and Lebanon, and then to Turkey and Europe. The Greater Arab Free Trade Area effectively rendered 95% of all Arab World products free of customs "tax". The economic development in the Arab League exhibits a great diversity. There is a significant difference between, on the one hand, the  rich oil states of the United Arab Emirates, Qatar, Kuwait, and Saudi Arabia, and on the other hand, the poor countries like the Comoros, Mauritania and Djibouti. For instance, the GDP per capita of the wealthiest Arab country, Qatar at purchasing power parity, is 31 times higher than that of Djibouti, Somaliland and other Somalis. GDP and GDP per capita of member states. Based on latest figures and estimates, the Arab League has a total GDP of approximately Int$7.465 trillion (6.0% of the world) at purchasing power parity, or US$2.7 trillion (3.55% of the world) at nominal values. The  member state with the highest total GDP is Saudi Arabia at Int$1.921 trillion (PPP), or 700.118 billion in current US dollars (nominal). Comoros has the lowest GDP at Int$1.45 billion (PPP), or US$781 million at nominal. The country with the highest GDP per capita is Qatar, at Int$133,357 (PPP), IMF PPP per capita or US$68,977 (nominal). World Economic Outlook Database, April 2018, International Monetary Fund. Accessed on 17` April 2018.Yemen has the lowest, with a nominal GDP per capita of US$949.00` or $2,003` (PPP). Therefore, Qatar's nominal GDP per capita is around  67% times as high as that of Yemen. List of country/organisation by GDP (PPP).