GulfGulf direct: this report names Kuwait or a GCC economy, business, or policy.
Oman's market upgrade could draw more foreign money into Muscat listings, though the listings and criteria remain unnamed.
بورصة مسقط تستهدف الترقية إلى الأسواق الناشئة العام المقبل
Asharq Al-Awsat •
Gulf · Channel artwork
In simple terms
تتوقع سلطنة عُمان استيفاء متطلبات الترقية إلى مرتبة الأسواق الناشئة لدى مزود المؤشرات العالمي «فوتسي راسل» العام المقبل، بدعم من ثلاثة إدراجات مرتقبة.
The News
Oman expects to satisfy FTSE Russell's requirements for an upgrade to emerging-market status next year. The anticipated upgrade is expected to be supported by three forthcoming listings. The Muscat Stock Exchange is the market involved in the upgrade target. The report does not name the listings or…
Why it matters for the Gulf
Oman expects to meet FTSE Russell's emerging-market requirements next year.
Three forthcoming Muscat listings are expected to support the upgrade.
An upgrade could draw more foreign investment into Omani shares.
What to watch
Things to watch, not predictions
Watch whether FTSE Russell announces an upgrade of the Muscat Stock Exchange to emerging-market status.