Vodafone Qatar and Ooredoo likely to make MSCI cut; UAE telecoms to miss out | The National

Vodafone Qatar and Ooredoo likely to make MSCI cut; UAE telecoms to miss out | The National:



"The UAE’s telecoms providers are likely to miss out on inclusion in the MSCI Emerging Markets Index, although Vodafone Qatar and Ooredoo are likely to make the cut.



And despite investor enthusiasm for the Arabian Gulf airlines, trackers of the index will not gain exposure to Air Arabia, the UAE’s sole publicly-listed airline.



Ooredoo meets all the criteria for inclusion in the index. With a market cap of US$12.11 billion, it is Qatar’s third-largest listed company. Its shares have no foreign ownership limit, are sufficiently liquid and are traded frequently."



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