Leading UAE investment bank Shuaa Capital said it has been added to the MSCI Emerging Markets Small Cap Index.
The Index includes small cap representation across 21 emerging market countries worldwide. The benchmark covers approxi
Qatar would see at least $2 billion in new foreign investment should it be upgraded from frontier market to emerging market status by MSCI in June, a BNY Mellon vice president said.
"Reports we've seen indicate Qatar would benefit from at
Qatar and the UAE have failed to meet key requirements to be upgraded to emerging market status, potentially denying the lacklustre markets access to multibillion dollar liquidity.
Influential index compiler MSCI will announce its verdict
Egypt's stock exchange, closed since January 28 after the onset of protests that toppled president Hosni Mubarak, faces the risk of being excluded from MSCI's emerging markets index when the index provider reviews its status in four weeks.