>Not really there are time of instability but large stretches of stable government usually under a single empire the Persians, Rome, Caliphs and then Ottomans.

The Gulf countries now are in a far better condition than they were under the Ottomans (and than modern Turkey). "Stability" is what led the Ottoman Empire to devolve into a backwards, economically undeveloped society that was incapable of competing with the west.