Your comments were well thoughtout and I would just like to comment (on your comments):

[80% of GCC population is under 25 and population grwth is growing at a rate of 3 to 4% annum.] This is not a good sign if markets do not grow and mature at the same pace. We will be experiencing unemployment, pension plan problems, and land scarcity in the near future.

[Oil prices budget set price is only $40 a barrel, anything over that is great.] This is poor financial accounting on the part of the state. If oil prices are trading at double those prices your infact limiting yourself to a proper budget.

[Budget surplus is enough to cover the whole region for 7 more years if we stopped pumping Oil.] With the plans for the government to pay bad debts, subsidies, and issue higher salaries to employees all along with the public scandals and increasing rate (ranked higher than previous year) corruption in the country i doubt we could continue for a year.

Also for the issues regarding inflation see my previous post regarding BBH’s analysis of kuwait, inflation & the revaltuation.

Good read! Thank you!

Kuwait depegging from the US Doller was a smart move which in my opinion was a move that the rest of GCC should have done, but thats just me.

Inflation is killing everybody in 2008, Governments are encouraging non-Oil sectors and fighting liquidity in an attempt to lower inflation.

I think the GCC Markets are best world wide because of the Petrodollers Tsunami pouring back into the GCC and the large infrastructure projects that is sweeping the area.

GCC Markets have about 718 listed companies with a market cap of $1.3 Trillion.

80% of GCC population is under 25 and population grwth is growing at a rate of 3 to 4% annum.

Oil prices budget set price is only $40 a barrel, anything over that is great.

Budget surplus is enough to cover the whole region for 7 more years if we stopped pumping Oil.

Looking at the other markets, I think GCC is doing pretty good, don;t you think?