Posted on February 13, 2015

Qatar's companies remained unchanged in the periodical review of MSCI's Emerging Markets Index, said The Peninsula. However, the review results were in contrast to a section of analysts' expectations of increasing the percentage of Qatar's general index and introducing new firms on the emerging market's list, Arabic business portal Mubasher reported.

The Global Index Compiler's top 10 constituents of Qatar Index include QNB, Industries Qatar , Al Rayan Bank, Ooredoo, Qatar Islamic Bank, Qatar Electricity and Water, Vodafone Qatar, Commercial Bank of Qatar, Gulf International and Barwa Real Estate. MSCI upgraded Qatar and UAE markets from frontier to emerging status during the first half of 2014. In August 2014, IT lifted the weights of QNB, Industries Qatar and Qatar Islamic Bank on foreign ownership reforms.

In its February 2015 review, MSCI has removed the UAE's Drake & Scull International (DSI) from the middle-sized companies' index. The three largest additions to the MSCI Emerging Markets Index measured by full company market capitalization in this review are Bosch (India),Hanssem Co (Korea) and Wan Hai Lines (Taiwan).

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