iShares MSCI UAE Capped
The United Arab Emirates, one of the most diversified economies in the GCC (Gulf Cooperation Council), recorded a firm expansion in the non-oil sector in June 2017.
Middle East equities (GULF) continued to drop after neighboring Arab nations decided that they would impose new measures or sanctions on Qatar.
Decades of cold war among GCC (Gulf Cooperation Council) members in the Middle East resulted in the Qatar crisis in 2017.
Leading European airlines, including Lufthansa and Air-France-KLM, have lowered their profit estimates for 2014 on concerns of lower yields due to overcapacity in long-haul routes.