Even in the best of times, the Arab World is not a place youâ??d normally think of as a red-hot investment opportunity.
Yet, I bet youâ??d be surprised to learn that the Market Vectors Egypt ETF (EGPT) is the single-best-performing stock market in 2014 among the 46 global markets I track on a daily basis.
Given the political chaos in that country, investing in Egypt is clearly a contrarian call, much like, say, investing in Russia.
Yet, there is a group of Arab countries — the Gulf States — that are attracting investorsâ?? attention because they are among the fastest growing and most successful economies in the world. In fact, the Gulf States collectively are the #4 ranked global markets in 2014 and are up 22.22% this year.
Read more about the red-hot Gulf States economies at Eagle Daily Investor.
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