Wednesday 2 May 2012

Gulf bourses act to lure foreign capital - FT.com

Gulf equity markets are taking small but positive steps to increase foreign appetite for their offerings after trading volumes slumped in the region.
Saudi Arabia, home to the Arab world’s largest equity market, has resolved a spat with MSCI, the index provider, and was reintroduced to the company’s globally renowned indices this week. In Kuwait, authorities announced a new trading system before privatisation of the stock market.

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