DOHA: In a move which will help the Qatari stock market attract additional foreign investment, Morgan Stanley Capital International has announced the final list of Qatari stocks that will join the MSCI Emerging Markets Index upon the upgrade of the Qatari market, on June 2. Qatari companies to be added to the index are Masraf Al Rayan, Barwa Real Estate, Commercial Bank of Qatar, Doha Bank, Ooredoo, Qatar Electricity & Water, Qatar Industries, Qatar Islamic Bank, Qatar National Bank and Vodafone Qatar. Rashid bin Ali Al Mansoori, CEO, Qatar Stock Exchange, described the announcement as a positive step that would improve the performance of the Qatari stock market. “We are proud of the performance of Qatari listed companies as evidenced by the inclusion of 10 companies in the index. This development would enhance liquidity in the market and contribute to the flow of medium- and long-term foreign investments.”
