Comparison of a few Middle East ETF's for opportunity investing:
MES - Market vector gulf states - general multi country in middle east
GULF - focusing on dividend stocks in middle east
Main countries both focus on: Qatar, UAE, Kuwait, (19% Egypt in GULF)
GULF looks more diversified among more countries than MES but focuses bit more on financials/telecom than MES (both ~70%)
Probably consider MES more. Currently down ~10% from peak due to middle east revolution issues right now.