MSCI emerging market status

[Harish]

Saudi Arabia has won a landmark inclusion in the MSCI emerging markets index which will help the country to attract billions of dollars into the region's biggest stock exchange. We need to wait & see how it is gonna affect(+ve or -ve) various opportunities in the country

 

[realdeals]

This can only be good news as the index tracking funds will now be forced to invest money into Saudi Arabia. How might this impact the local property market?

 

[Longterminvestor]

Do not under estimate the power of these kind of changes - they not only give the green light to massive investment in Saudi Arabia but index tracker funds are actually obligued to do so.

 

[Harish]

Do not under estimate the power of these kind of changes - they not only give the green light to massive investment in Saudi Arabia but index tracker funds are actually obligued to do so.

True. There is always an interlink between everything in an economy. For example, when there is a change in crude oil rates, that impact is shown throughout the world.

 

[diyhelp]

Interesting to see that Middle East countries are trying to move away from oil as it is a dimnishing asset - making themselves even more accessible to worldwide property investors can only help rebalance these economies.

 

[Harish]

Interesting to see that Middle East countries are trying to move away from oil as it is a dimnishing asset - making themselves even more accessible to worldwide property investors can only help rebalance these economies.

I think they are assessing the on-going conditions and planning according to that. That is the reason why we can see rule changes like 10-year visa, 1-week free transit visa etc.

 

[PostBrexitInvestor]

This is potentially massive for Saudi Arabia as it will give huge investment funds the green light to invest in the region. Property will likely be top of the investment list!

 

[Longterminvestor]

Isnt it funny how when it comes to money all of those who has "ethical concerns" are drowned out