Tough sell for Gulf equities | beyondbrics – FT.com

From Dubai’s successful $500m 10-year dollar-denominated bond sale to Majid Al-Futtaim Holding’s plans for a $2bn global bond programme – gulf headlines this week (ex OPEC) have touted the resurgent strength of the UAE bond markets.

Next week though, equities will dominate the local headlines – and the news may not be so positive.

C0me next Tuesday, all eyes will be on the bourses in Qatar and the UAE. MSCI is due to decide then whether to upgrades the markets from frontier to emerging status, and investors aren’t sold that the upgrades will happen.