Analysts expect trading on UAE exchanges to pick up this week as the country’s addition to a major global stock index approaches.
The FTSE will add the UAE to its Global Equity Index Series as a secondary emerging market next month. While the move was announced almost a year ago, the upcoming inclusion of listed companies in the UAE was something to watch, said Ali Salaam, the director of MENA equities at Credit Suisse in Dubai.
“There’s reason to be optimistic,” he said."
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