MSCI Inc., a leading provider of investment decision support tools worldwide, including indexes, portfolio risk and performance analytics and ESG data and research, announced the results of the November 2014 Semi‐Annual Index Review for the MSCI Equity Indexes.

In November review, MSCI raised Qatar's adjustment factor to 1.

This step followed August review , as the Global index compiler MSCI has increased the weightings of three Qatari companies in its emerging market index, citing changes in the way Qatar calculates ceilings on foreign ownership of its firms.

Qatar National Bank (QNB) will have its foreign inclusion factor raised to 0.13 from 0.06, Industries Qatar (IQ) to 0.13 from 0.06, and Qatar Islamic Bank to 0.25 from 0.21.

The changes were effective at the end of last August and raised Qatar's total weight in the benchmark index to 0.59% from 0.47%, investment bank EFG Hermes estimated, basing its calculation on data from MSCI.

Earlier, EFG Hermes said it expected this to happen in November, which would raise the country's weight to 0.8% in the emerging market index and attract an additional $185 million of passive funds.