Strategists at City Group have upgraded the United Arab Emirates to an emerging markets list. Analysts assigned the emirate's stock market a 'above average' rating, previously 'neutral', citing the country's strong growth and investment momentum.
Experts at the bank highlighted that the UAE is showing impressive economic performance, making it an attractive destination for investors. GDP growth, infrastructure development, and a favorable investment climate are contributing to strengthening the position of the Emirati economy on the world stage.
