The Peninsula Qatar - QE expects at least nine firms to be on MSCI list

The Peninsula Qatar - QE expects at least nine firms to be on MSCI list:



"The international index compiler MSCI will announce the names of Qatari companies to be qualified for its Emerging Market list on May 14, 2014. Qatar bourse expects that at least nine local companies will be eligible to get into the list, Rashid bin Ali Al Mansoori (pictured), CEO, Qatar Exchange (QE) has said. 



He noted that the MSCI upgrade will help accelerate the inflow of international investors into Qatari market and will enhance the market liquidity and the value of many companies. Qatari companies will gain global recognition by major investment portfolios and global institutional global funds.



Speaking to Qatar News Agency, Al Mansoori said the importance of joining the wide range global index stems from the fact that MSCI is one of the pioneer companies in Global Equity Index. "



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