Saudi bourse opening may double fund flows to Gulf
The opening of the Saudi bourse to international investors may double the amount of foreign money flowing into Gulf securities markets, making it more attractive to invest in the region but also bringing new risks.
Dubai's Marka to list shares in mid-September
Dubai retailing and restaurants group Marka plans to list its shares on the Dubai Financial Market in the second week of September.
MSCI could review Saudi Arabia as emerging market next year
Index compiler MSCI will consult with investors about adding Saudi Arabia to its broader stock indices and could place it on review for classification as an emerging market in June 2015.