This Review analyses the main factors affecting the level of economic activity in the Middle East during 1951 and 1952: agriculture, industry and petroleum. The introduction discusses the problems of production and prospects for economic development. The Review also assembles information on the aid given to Palestine refugees by the United Nations and on the contribution made to the economic development of the region during recent years by international organizations and foreign countries, in the form of both capital and technical assistance. 1. Agriculture -- 2. Industry -- 3. Petroleum -- 4. Prices -- 5. Public finance -- 6. Foreign trade and balance of payments -- 7. Foreign capital in the region -- 8. The refugee problem -- Appendix A. Survey of majpor industries -- Appendix B. Technical assistance in the region.