On Wednesday, June 20, MSCI Inc., an indexing platform, announced that, as of June 2019, it will include the Kingdom of Saudi Arabia in the MSCI Emerging Markets Index, the MSCI ACWI Index, and other applicable regional and international indexes.  The decision is the outcome of culminated efforts by the Kingdom of Saudi Arabia’s relevant entities to implement a number of regulatory and operational improvements, including lower restrictions on international investors, the introduction of short-selling, and T+2 settlement time frames. All of which will continue to viably increase opening up the domestic market to international institutional investors. The Kingdom’s Emerging Market classification within the MSCI index follows a previous Emerging Market allocation last March by indexer FTSE Russell.