"Investors in the GCC were given a much needed boost last week. During its Annual Market Classification Review on June 11, Morgan Stanley Capital International, or MSCI, reclassified the UAE and Qatar from frontier markets to emerging markets status, and is scheduled to come into effect in May next year.
Since the start of this year, the stock indices on the Doha Securities Market and Dubai Financial Market have logged in impressive performances, in anticipation of the long-awaited upgrade to emerging market status."
'via Blog this'
No comments:
Post a Comment