GCC region: A global investment hub?

However, change is on the horizon. The recent instability in western markets, including the downfall in the euro and the US Government Shutdown, have resulted in the GCC shifting its focus of SWF spending to local markets. KPMG reported that this redirection of sovereign wealth would benefit local infrastructure ambitions and accelerate growth and development of local economies.
http://www.worldfinance.com/banking/gcc-region-a-global-investment-hub