NASDAQ Dubai welcomes MSCI’s upgrade of UAE

NASDAQ Dubai today welcomed MSCI’s upgrade of the UAE to Emerging Market status as deserved recognition of the successful enhancements that the country has made to its capital markets infrastructure.

Hamed Ali, Acting Chief Executive of NASDAQ Dubai, said: “MSCI’s decision will attract further overseas investment to the UAE, improving the already positive climate in the country’s capital markets. As the region’s international exchange, NASDAQ Dubai will remain at the forefront of introducing continuing capital markets enhancements in the UAE for the benefit of issuers and investors, including starting new markets and attracting further equity, Sukuk and bond listings.”