"The head of the Abu Dhabi Securities Exchange said he was thrilled with the upgrade of the UAE to emerging markets but that should not deter the stock market and the financial community from having bigger ambitions.
"We will not stop. Our ambitions are bigger. We will continue our development and look at best practices and standards globally," said Rashed Al Baloushi, the chief executive of the Abu Dhabi bourse.
"In a short while we are going to put a timeline with a strategy and objectives to tackle them one by one to attain 'developed markets' status by all the benchmarks- MSCI, Russell's, and Standard & Poor's.""
'via Blog this'
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