Arab Finance: Countries of the Middle East and Gulf region represent 8% of the MSCI index, Head of Equities and Emerging Markets at HSBC Bank Camille Asmar told CNBC Arabia on June 14th.
Asmar pointed out that Saudi Arabia is the largest market among the Gulf countries in terms of the number of listed companies.
On May 8th, the New York-based MSCI Inc announced that it would adopt special treatment for Egypt in the MSCI Equity Indexes to potentially minimize the changes in related indexes and eliminate index replication problems.