The UAE's financial markets were established relatively late in comparison to other GCC bourses. It started operations in the late 1990s while the one in Kuwait was established around 50 years ago.
But despite the late start, the UAE's financial markets have attained a leading position not just in the region, but on the international stage.
The UAE and Qatar stock markets are currently under review, being considered to be upgraded to emerging markets by Morgan Stanley Capital International (MSCI) — a move that would give the two Gulf bourses a huge boost.
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