The Gulf’s black gold

May 01, 2007
<p>Gulf markets have accumulated a huge pool of investable wealth and Middle Eastern money is increasingly invested in the region.&nbsp; International IR needs to step up its efforts to attract petrodollars.</p>
Rising oil prices have brought increasing sums of cash flooding into the Middle East. Conscious that oil supplies will not last forever, the region is looking at alternative ways of generating value. The pool of investable wealth is impressive: with institutional

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