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Share prices are a less visible but equally good index of a regional boom built on high oil prices.
The change of mood has been particularly noticeable in Dubai, the regional boom town par excellence, where the real estate and equity markets are in steep decline.
With typical high demand intensified by a regional boom in tech jobs, apartment open houses are mob scenes of desperate applicants clutching their credit reports.
During the Arab Spring uprising last year, the financial crisis in 2008 and the regional boom year of 2005, the exchange outperformed most regional rivals as listed Palestinian companies reported hefty profits in spite of ongoing political struggles.
China and India lead a regional boom, and financial-markets deregulation has made Asian companies start to do business in ways Western investors understand (mostly).
Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil.
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In the last 10 years, we've seen regional booms and busts, massive migrations within the country and immigration from abroad.
A main requirement, he concluded, was that workers throughout such an area would be sufficiently inclined to move jobs to even out regional booms and slumps.
Despite regional booms in natural gas development, and excluding the costs of its impact on human health and the environment, coal remains, on a global average, as much as 7percentt cheaper than natural gas for generating electricity, and 19percentt cheaper than nuclear power.
Much attention in the historical literature on Amazonia has focused on the largest and most famous regional economic boom, the Rubber Boom, a period of sustained economic prosperity for some from 1860 to 1920.
From 1890 to 1920 a regional economic boom based on the production of natural rubber from the tree Hevea brasiliensis brought prosperity to the city.
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