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S&P Dow Jones Indices Announces Change to Country Classification of Saudi Arabia - Completed - March 2019
In July 2018, S&P Dow Jones Indices (“S&P DJI”) conducted a consultation with members of the investment community on a potential change to the country classification status of Saudi Arabia within S&P DJI’s global benchmark indices.
In response to recent positive market structure reforms to support foreign investment and a strong consensus among members of the investment community, S&P DJI will change the country classification of Saudi Arabia from stand-alone to emerging market beginning in March 2019.