Sunday 4 December 2011

Hopes high for UAE market upgrade - The National

Investor optimism is rising ahead of a decision this month by MSCI about a promotion of the UAE to "emerging" market status.

Such a move would give the country's flagging bourses a much-needed tonic.

Any upgrade would open the country to a global market of US$3 trillion (Dh11.01tn) in funds benchmarked against MSCI's indexes globally.



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