MSCI Dec 14 Decision On UAE & Qatar On Knife-Edge
EFG-Hermes believes an MSCI upgrade of UAE and Qatar exchanges to emerging market status is unlikely but not impossible. If the upgrade does happen, both markets could tap into an estimated $280Bn of emerging market funds.
The markets have been buoyant recently in anticipation that MSCI will upgrade both UAE and Qatar to emerging market status on December 14. READ MORE HERE