NEW YORK ( TheStreet) -- As the world continues to depend on Middle East oil exports, the region's economy will boost, benefiting PowerShares MENA Frontier Countries (PMNA), WisdomTree Middle East Dividend Fund ETF (GULF) and Market Vectors Gulf States (MES).Market sentiment has improved and global investors have been returning to the Middle East region since the Dubai financial crisis. During the depths of the financial crisis, oil prices plummeted and global oil consumption declined. The crisis impacted government spending and domestic investment, given the challenge of accessing both equity and debt funding.
Three Middle East ETFs to Watch
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.