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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