The impact of the financial crises on the key industries of the Middle East became visible since the second half of 2008. It was characterized by the shortage of liquidities in the banking system，the collapse of the security markets，the decline of the real estate prices，declining income in the oil，petrochemical and tourism sectors. The prospect of the Middle East industries depends on the world demand of energy and the level of world oil prices，as well as on the recovery of European economies and of the GCC economies.