MSCI has kept a foreign inclusion
factor unchanged for the bank.
" We expect a significant positive effect on MSCI EM and FTSE EM Index representation We assume that the new combined entity will have a full market capitalization of about $26.1 billion (Dh95.7 billion) with an index foreign inclusion
factor (FIF) of 25 per cent.
Qatar National Bank (QNB) will have its foreign inclusion
factor raised to 0.13 from 0.06, Industries Qatar (IQ) to 0.13 from 0.06, and Qatar Islamic Bank to 0.25 from 0.21, according to an MSCI statement sent to its clients last week and seen by Reuters.
However, there were marginal changes made to FIF (Foreign Inclusion
Factor) included in calculation of the index.
CTIT's latest foreign inclusion
will not only handle its huge programming sales to Spain and develop its upcoming Spanish version of satellite TV channel, AXN, on CanalSatelite Digital, but also acquire and co-produce Spanish TV programming.
FGB's Foreign Inclusion
Factor (FIF) has not been increased to 25 per cent from 20 per cent, it said.
'I think if we had better foreign inclusions
after winning five games, things could have been different.