Goldman $150-200 within 2 years

Naked Capitalism.

The new global epicenter of consumption:

Consulting firm McKinsey & Co. estimates that the Gulf countries - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates - are spending $230 billion annually on new hospitals, airports, railroads and power plants. That is nearly three times the $83 billion the countries were spending five years ago. The region ''is on steroids,'' says Jean-Francois Seznec, a Georgetown University Arab studies professor and consultant.

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