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S&P DJI upgrades Saudi Arabia to EM classificationThe Saudi Stock Exchange (Tadawul) said that S&P Dow Jones Indices (S&P DJI), a leading provider of global equity indices, upgraded Saudi Arabia to "Emerging Market" from its previous "Standalone Market" country class More… |
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MSCI’s upgrade of UAE, Qatar to bring stabilityThe recent decision by the MSCI Global Equities Index to upgrade its classification of both the UAE and Qatar from Frontier to Emerging Market status will likely result in more stability and greater investment, a finance leader said. More… |
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Saudi 'will become 7th largest emerging capital market'Emerging capital markets will double their global index share by 2030, with Saudi Arabia expected to emerge as the seventh largest emerging capital market by 2030, says a report. Saudi Arabia will account for the second largest sh More… |
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Kuwait bourse to be big fish in small pondKuwait's stock market suffered a blow to its prestige last year when global index compiler MSCI decided to upgrade Qatar and the UAE, leaving Kuwait languishing in a lower category. Being left behind may prove profitable for investors in Kuw More… |
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Golden era ending for emerging marketsA decade of improvement in emerging market credit ratings is coming to an end as higher borrowing costs and commodity price falls threaten to lay bare many countries' failure to reform during the good times. More… |
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Qatar Exchange hails MSCI decisionQatar Exchange has welcomed the decision of MSCI, a global financial institution and provider of investment tools, to upgrade the Qatari market from a Frontier Market to Emerging Market. It noted that this decision is a positive s More… |
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Dubai bourse sees biggest drop in 15 monthsDubai's bourse made its largest one-day drop in 15 months and Abu Dhabi's measure also fell as investors cut their market exposure ahead of a decision by index compiler MSCI on whether to upgrade the UAE to emerging market status. More… |
Delta Partners fund makes first $100m closingDelta Partners Capital has announced the first closing of its Emerging Markets TMT Growth Fund II with aggregate capital commitments of $100 million. More… |
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Emerging market growth will boost GCC statesEconomic prospects for oil-exporting economies in the GCC look healthier over the next few years than in the initial phase of the global financial crisis in 2008-2009, says a report published by Standard & Poor's. The report, titled "R More… |
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Sanofi strong in emerging markets as rivals flagFrench drugmaker Sanofi posted better-than-expected quarterly results, bolstered by strong emerging markets, breaking with a trend of earnings misses by European rivals AstraZeneca and GlaxoSmithkline. Sanofi performed strongly in Chi More… |
