In 2019, FTSE Russell and S&P upgraded Kuwait to emerging markets status. More recently, the MSCI stated that it would also reclassify the Gulf region in 2020, subject to certain stipulations and reforms being met by the Kuwait market by the end of November 2019. With the final leg of this journey approaching, investors are awaiting MSCI's final confirmation of its upgrade decision with an announcement expected imminently.
In this webinar, Abdullah Al-Busairi will outline:
•A time-table for the inclusion and what this will mean for active and passive flows
•What impact the upgrade will have on Kuwait equity markets
•An outlook on the Kuwait economy in 2020 and beyond