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MSCI upgrade to attract $3b in UAE, Qatar
The prediction comes following the recent upgrade of the UAE and Qatar to ‘Emerging Market’ status by global markets index provider MSCI.
Fortress Investments, a leading investment firm operating in the Middle East, anticipates strong buying activity in both the UAE’s and Qatar’s equity markets, with an estimated capital inflow of $3 billion into the region by June 2015.
The prediction comes following the recent upgrade of the UAE and Qatar to ‘Emerging Market’ status by global markets index provider MSCI. The regional financial consultancy said the increased inflows would demonstrate both countries’ success in strengthening their corporate governance standards and boosting the transparency of their financial systems.
Compiled from staff reports
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