How to Profit
Having said all that, there are a number of ways to profit by investing in the Middle East.
Generally speaking, the easiest way to play the Middle East is through exchange-traded funds (ETFs) that track indexes following investments in the region. Two such funds include:
The Market Vectors Gulf States Index ETF (NYSE: MES): This fund follows the Dow Jones GCC Titans 40 Index, which tracks the performance of 40 companies either headquartered or deriving the majority of their business from countries in GCC nations. The fund has a market capitalization of roughly $23 million, and at a recent price of $21.99, it is in the middle of its 52-week range of $18.26-$24.43.
Wisdom Tree Middle East Dividend ETF (NYSE: GULF): This is a weighted fund that follows Middle Eastern companies that pay regular cash dividends and are listed on a stock exchange in Bahrain, Egypt, Jordan, Kuwait, Morocco, Oman, Qatar, or the UAE. The fund has held up well in the face of the recent turmoil, and at $15.99, it continues to trade near its 52-week high of $17.53.
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