Reuters logo
MSCI delays decision on Qatar, UAE upgrade to Dec
June 21, 2011 / 9:23 PM / 6 years ago

MSCI delays decision on Qatar, UAE upgrade to Dec

NEW YORK, June 21 (Reuters) - Index provider MSCI on Tuesday delayed to December its decision on whether Qatar and the United Arab Emirates should be classified as emerging markets, a promotion eagerly awaited by the two Gulf Arab states.

South Korea and Taiwan, which were on review for a potential upgrade to developed market status, will remain classified as emerging markets at least until next year’s review, MSCI (MSCI.N) said in a statement.

Qatar and the UAE have been under review for a promotion from their frontier market status for the past two years, but issues such as stringent foreign ownership limits and use of dual account structures have been delaying the move.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below