Provider of global market indices, Morgan Stanley Capital International (MSCI) Inc. Has said it has added UAE-based Arabtec, Oman International Bank (OIB) and Oman Cement Co to its frontier markets index, Muscat Daily has reported. "It s a positive development and it will attract more interest from foreign investors, " said Sameer Kattiparambil, AVP of research at EFG-Hermes. The changes to the MSCI indices will be implemented as of the close of May 31, 2012, MSCI said. Source: uaecement
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http://www.uaecement.com/newsDetail.aspx?id=528
