Monday, 12 December 2011

» Will the UAE have what it takes for an MSCI upgrade? – Kippreport.com

This Thursday, the UAE will be at the edge of its seat once more as Morgan Stanley Capital International (MSCI) makes its decision on a classification review for the Emirates and for Qatar.

But there’s a possibility that the index compiler may just postpone the announcement once more as performance levels of the UAE have seen even more decline from when the review was delayed in June this year.

That’s why analysts have become a little bit more pragmatic about the impact the rating will have on the UAE’s investment prospects, as this article in Gulf News suggests. A positive rating from MSCI is, of course, good news but analysts doubt that it will boost business significantly.

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