{"id":638261,"date":"2017-10-01T04:09:58","date_gmt":"2017-10-01T04:09:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/"},"modified":"2017-10-01T04:09:58","modified_gmt":"2017-10-01T04:09:58","slug":"kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/","title":{"rendered":"Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year"},"content":{"rendered":"<p><strong>Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year:<\/strong> Saudi\u2019s Tadawul is \u201cclose to an upgrade\u201d to secondary emerging market status and will be reassessed in March 2018, the index provider <a href=\"http:\/\/www.ftserussell.com\/files\/press-releases\/ftse-russell-announces-results-ftse-annual-country-classification-review-092917\">said in a statement this weekend<\/a>. Kuwait, meanwhile, has been bumped to secondary EM status, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-09-29\/ftse-russell-denies-saudi-arabia-entry-to-emerging-markets-list\">according to Bloomberg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year: Saudi\u2019s Tadawul is \u201cclose to an upgrade\u201d 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638261","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d14096aa-349a-4193-aacd-3ac20842024d","order":"0","is_powered_by":true,"section_story_id":"bf29d388-4a11-4658-bd13-e04105dffd0d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638243],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year\" \/>\n<meta property=\"og:description\" content=\"Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year: Saudi\u2019s Tadawul is \u201cclose to an upgrade\u201d 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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-01T04:09:58+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year\",\"datePublished\":\"2017-10-01T04:09:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/kuwait-gets-ftse-russell-nod-but-saudi-will-have-to-wait-until-at-least-next-year\/\",\"name\":\"Kuwait gets FTSE Russell nod, but Saudi will have to wait until at least next year - 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EKH is looking to acquire the remaining 16.9 mn shares (67.97%) valued at EGP 20 a share, which\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646705,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/saudi-is-a-winner-argentina-a-loser-and-nigeria-gets-a-stay-of-execution-as-msci-announces-results-of-2017-classification-review\/","url_meta":{"origin":638261,"position":1},"title":"Saudi is a winner, Argentina a loser, and Nigeria gets a stay of execution as MSCI announces results of 2017 classification review","author":"enterpriseam admin","date":"21 June 2017","format":false,"excerpt":"Saudi is a winner, Argentina a loser, and Nigeria gets a stay of execution as MSCIannounces results of 2017 classification review. Saudi Arabia could get an upgrade to emerging markets status as soon as next year, MSCI said yesterday, setting it up to attract bns of inflows into listed equities\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597827,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/","url_meta":{"origin":638261,"position":2},"title":"Egypt is one of Franklin Templeton\u2019s top three global market picks for growth","author":"enterpriseam admin","date":"6 May 2019","format":false,"excerpt":"Egypt is one of Franklin Templeton\u2019s top three global market picks for growth, Zawya reports. Salah Shamma, co-head of MENA equities at the fund, predicts greater inflows into equities due to positive macroeconomic conditions, strong consumer confidence and improving investor sentiment. Declining inflation and an anticipated fall in interest rates,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/339.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":636016,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/national-bank-of-kuwait-to-expand-operations-in-egypt-saudi\/","url_meta":{"origin":638261,"position":3},"title":"National Bank of Kuwait to expand operations in Egypt, Saudi","author":"enterpriseam admin","date":"19 December 2017","format":false,"excerpt":"Kuwait\u2019s largest bank to expand in Egypt: National Bank of Kuwait (NBK) \u201cplans to hire hundreds of people and open more branches in Saudi Arabia and Egypt as it targets growth in the Middle East\u2019s biggest markets,\u201d Mirette Magdy writes for Bloomberg. In Egypt, NBK plans to have 60 branches\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574748,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/21\/fawry-receives-cbe-approval-for-bank-transfer-service\/","url_meta":{"origin":638261,"position":4},"title":"Fawry receives CBE approval for bank transfer service","author":"enterpriseam admin","date":"21 September 2020","format":false,"excerpt":"Fawry gets CBE nod to partner with state-owned bank for transfer service: E-payments platform Fawry has received preliminary approval from the Central Bank of Egypt (CBE) to set up a bank transfer service for Egyptian expats; the service will be offered in partnership with an unnamed state-owned bank, CEO Ashraf\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/219.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603141,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/nbk-sees-egypt-and-saudi-as-growth-markets\/","url_meta":{"origin":638261,"position":5},"title":"NBK sees Egypt and Saudi as growth markets","author":"enterpriseam admin","date":"16 April 2019","format":false,"excerpt":"Egypt and Saudi are among the markets the National Bank of Kuwait sees growth in, Group Deputy CEO Shaikha Khaled Al Bahar told Bloomberg TV (watch, runtime: 06:56). 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