Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year

Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year: Saudi’s Tadawul is “close to an upgrade” to secondary emerging market status and will be reassessed in March 2018, the index provider said in a statement this weekend. Kuwait, meanwhile, has been bumped to secondary EM status, according to Bloomberg.