Thursday 10 July 2008

UAE, Bahrain and Oman index status as frontier markets

Investors often express suprise to us that the UAE, Bahrain and Oman are major constituents of frontier markets. S&P are currently in the process of reviewing their indices, and are hinting that the GCC might be upgraded to emerging in this review.

Any rerating will result in a massive influx of cash from institutional investors and hedge funds.

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