Opening up of Saudi stock market a strong catalyst for MSCI or S&P rating upgrade
The Saudi equity market could be a strong candidate for an upgrade by the global indices provider, like MSCI or the S&P ratings, depending on its size and liquidity after it opens up to foreign investors, said industry participants.
Two investment funds to be launched on Qatar exchange
Two investment funds are to be launched at the Qatari bourse and one of them is to be listed as early as the year-end.
Qatar shares flat amid dull trading
Local retail investors and foreign institutions continued to be bullish but with lesser vigour as the 20-stock Qatar Index (based on price data) rose a mere 0.05% to 13,729.78.