CNN.com - 9/11�factors boost Gulf economies - Aug 21, 2005

CNN.com - 9/11�factors boost Gulf economies - Aug 21, 2005: "DUBAI, United Arab Emirates (AP) -- In the United States, the September 11 attacks are seen as the catalyst for a period of fear, war and economic worry.

But in the oil-rich Arab countries of the Gulf, September 11 is increasingly being seen as the event that kicked off a galloping economic boom -- and prodded investors to pull their money out of a United States perceived as hostile to Arabs, and instead invest it at home.

Since late 2001, economies in the six Gulf Cooperation Council countries have soared, with stock markets up a collective 400 percent. During the same period, investments from those countries into the U.S. slowed to a trickle."