An announcement on the inclusion of Qatar and the UAE into the MSCI emerging markets index could emerge as early as today. The National Bank of Abu Dhabi told ArabianMoney this would be worth $3-4 billion in new investment flows for these bourses if it goes ahead.
However, fund managers will have until this time next year to make their investments, although quite clearly they will have to buy stocks in the UAE and Qatar by then if these nations join the index of which they will comprise 0.67 per cent.
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