Emirati investors anticipate Saudi market bonanza | GulfNews.com:
"The Saudi equity market is set for a boost as it heads for possible inclusion in MSCI’s influential emerging market index in 2018. “In the meantime, active Emirati investors could reap early gains as corporate earnings should start increasing this year,” said Shakeel Sarwar, Head of Asset Management at SICO BSC. “The market has moved sideways in the first half of 2017 after the spectacular 30 per cent rally late last year. However, the latter part of the second half could again be an interesting period for the market. The key catalysts for another rally are going to be FTSE- and MSCI-related developments.”"
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