(Morgan Stanley International) to inspire Saudi Arabia into emerging markets)

Media IN  – Riyadh 21 \ 06 \ 2018
Morgan Stanley International (MSCI) said on Wednesday it would list Saudi Arabia in its Emerging Markets Index.
Saudi Arabia’s Minister of Trade and Investment, Majid Bin Abdullah Al Qassabi, said that the listing of the MSCI Saudi market in the emerging markets is a reflection of the Saudi financial market and its efficiency in reaching global markets.
He pointed out that joining the emerging international market indices enhances the liquidity in the Saudi financial market through increased investments, and also contributes to diversification of investment opportunities for exporters and investors, which will increase the stability and progress of the market.
“This is a reflection of the vision of 2030 towards building an advanced and open financial market for the world, reinforcing its role as a leading financial market and hub for regional and global investment across the Gulf, Middle East and North Africa,” he said.