The Gulf: magnanimous MSCI | beyondbrics – FT.com

Investors had expected that MSCI, the index provider,would spurn the UAE and Qatar’s attempts to have their bourses bumped up from frontier to emerging market classification.

But they were pleasantly surprised at how softly MSCI let them down.

The index provider said in its announcement late Tuesday that it would review the markets’ status in December— pleasing investors who had expected the countries to be rejected this time and not reconsidered until MSCI’s annual review next year.