Foreign ownership limits in Qatar and the UAE, may stand in the way of the Gulf states' gaining emerging market status from index compiler MSCI, an executive said on Wednesday.
Manuel Rensink, regional head of MSCI, said he was 'generally positive' on the prospects of an upgrade.
The two Gulf states, rejected last year for an upgrade, have moved to address key issues cited in MSCI's 2010 review by introducing a Delivery versus Payment (DvP) settlement system.
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