CAIRO: MSCI Inc., a leading provider of research-based indexes and analytics, has maintained Egypt in its index for emerging markets in its annual market classification review, according to its website.
The indix includes other countries in the Middle East region, such as the United Arab Emirates, Turkey and Qatar.
In its quarterly review issued in May, the MSCI excluded Egypt’s 80 percent state-owned fixed line monopoly Telecom Egypt (TE) and added two companies listed in Qatar and another in Dubai.