Desert sands yield opportunity: special report on the Middle East

The Middle East has weathered the financial crisis well. Hedge Funds Review finds out why it is time for hedge funds to start setting up shop in the region.

Road to dubai across a desert

“It’s not a big region, but if you look at the amount of money involved it’s a huge region,” says Kevin Birkett, executive director for asset management at the Dubai International Finance Centre.

He is referring to the six countries that make up the Gulf Cooperation Council (GCC) – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). As the rest of the world struggles to return to growth, buoyant oil prices mean there is money to be spent in the region.

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