13Apr2008 Tomorrow's Emerging Markets (WP)

Washington Post, 13/04/2008

If, in terms of investment potential, the last 25 years have belonged to the markets of South East Asia, the next 25 years will belong to the Middle East. "Your targets are the economies of six Arab states -- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. They're gathered into a loose confederation known as the Gulf Cooperation Council (GCC). The GCC just negotiated a free-trade agreement with Singapore, its first with a country outside the Middle East. In December, it announced plans for a GCC common market. " Given the plans of the GCC countries to diversify their economies and the oil wealth that will enable them to fulfil their ambitions, the GCC is a prime target for investment.

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