Thursday, 22 February 2018

MSCI decision on Saudi Arabia to be independent of Aramco listing- executive | ZAWYA MENA Edition

MSCI decision on Saudi Arabia to be independent of Aramco listing- executive | ZAWYA MENA Edition:

"Global index compiler MSCI's impending decision on whether to upgrade Saudi Arabia to emerging market status will be independent of the stock market's ability to absorb the listing of Saudi Aramco, an MSCI executive said on Thursday. "It is not a factor," Robert Ansari, head of MSCI for the Middle East, told reporters at a financial conference in Abu Dhabi, when asked if the two issues were linked. "If the Aramco IPO happens, where it lists, what and how it lists is independent of what MSCI will do to classify.""



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