The Middle-East's changes of objectives.

After having invest a lot of money in Occidentals companies (principally in banks), the Middle-east sovereign-wealth funds (which represent more than 2000 billions dollars) stop their investments in Occident, and go back to their countries (who start to face the financial crisis) to help them, but also realize that they can invest a lot in their economy (which are now well-developed).

The "Dubai holding" (who has invested in EADS, HSBC and Daimler) is helping the Dubai emirate to avoid a bankrupt. Indeed, the emirate now hasn't got any hydrocarbons, and facing some problems like the fall of asiatics demands in real estate, and the indifference of Occidentals to it. As results, Sheikh Mohammed (Dubai's sovereign) has ordered to stop some real-estate projects, and the Abu Dhabi Investment Authority (ADIA) is also helping the real estate developers.

But the crisis is also affecting others Middle-east countries: for example, the Kuwait Investment Authority (KIA) has given money to the Gulf Bank, the second of the country which is in difficulty. Qatar's companies are also facing financial problems.

However, even if the Middle-East suffers the crisis, the sovereign-wealth funds prefer invest here where the economy is growing, whereas the Occident is facing recession. The middle-east stock exchanges are modern, the islamic finance is protected of the speculation and the Occidental protectionism have influenced this temporary change of objectives.

This article shows us that finally, and on the contrary of some economists predictions at the beginning of it, the crisis is not only an Occidental one, but a global one. Indeed, after China's, the Middle-East countries' problems prove once again the dependance of the others financial powers of the world to Occident (specially to the USA), and maybe show the end of the actual globalization, and the beginning of a new one, more controlled and more nationalist.