"Dubai and Qatar deserve to be upgraded to emerging-market status at MSCI Inc. (MSCI) next month, T. Rowe Price (TROW) Group Inc. said, after the emirates failed to satisfy the index provider’s requirements for four years.
“I see no reason why they shouldn’t be upgraded and don’t understand why they haven’t been previously,” Oliver Bell, London-based money manager at T. Rowe Price’s Africa & Middle East Fund, (TRAMX) told Bloomberg by e-mail yesterday.
“Both Dubai and Qatar are in a better position and meet more of the criteria than other countries that have been upgraded before.”"
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