Qatar prepares to step up to an EM benchmark

Qatar’s accession to the MSCI Emerging Markets index would open it up to new investment inflows and might prompt a liberalization of other equity markets in the region

QATAR IS JUST weeks away from finding out if it will be included in the MSCI Emerging Markets index – a potentially pivotal event for the country’s stock market and for the whole Gulf Cooperation Council region. The Gulf has long been an oddity in index terms: prosperous, developed and resource-rich nations that don’t feature in the main world benchmarks. Finally the anomaly might be about to be corrected.

Gulf markets have been missing for a variety of reasons.

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