FINANCIAL MARKET DYNAMICS AMONG THE GULF COOPERATION COUNCIL COUNTRIES (GCC) AND THE UNITED STATES.

In this research, correlation and regression analysis are performed to determine the degree of the relations among the GCC countries and the United States. The results show that Saudi and Arab Emirates market among all GCC markets significantly influence the other GCC markets and there is no relationship found among the GCC markets and the United States. It is also found that the United Arab Emirates is the leading market, as opposed to the previous study's findings of Saudi Arabia as the leading market. [ABSTRACT FROM AUTHOR]