Riyadh – Mubasher: Three Saudi-listed firms joined the MSCI Emerging Markets (EM) Index by the beginning of Thursday’s trades.

The companies are Al Rajhi, Al Yamamah Steel, and Alujain Corp.

As per a biannual study for the index, Abdullah Al Othaim Markets exited from the small- and medium-sized enterprises (SMEs) index.

The index includes three Arab markets, namely Egypt, UAE, and Qatar.