Thirteen Arab countries on Monday launched a 1.2-billion-dollar development fund to support and finance private-sector small and medium enterprises in the Arab world.
Finance ministers gathered in Kuwait – led by Arab League Secretary General Amr Moussa – to discuss the mechanism and the regulations of the fund.
I think this is a very good idea. Ultimately, the root cause of terrorism is not religion but young people having no money and no jobs. Create enough entrepreneurs and let them create thousands of jobs, and the problem of terrorism will slowly but surely fade away.
When I am poor and jobless, my life appears worthless, fit perhaps only for a jihadi-death. But when I have a job and a family, boy, I tell you, it is different.