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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01004887: Dubai and Saudi Arabia (DS9)

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Document containing market analysis comparing foreign participation levels in Dubai (16%) and Qatar (19%) relative to Saudi Arabia, dated June 20th regarding MSCI index inclusion of Saudi Arabia representing approximately 2.6% of the MSCI Emerging Markets Index with 32 constituents.

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The Saudi market's foreign participation level is also surpassed by **Dubai** (16%) and Qatar (19%) which were included in the indices in 2014. 3.
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On June 20th, MSCI included the MSCI **Saudi** **Arabia** Index in the MSCI Emerging Markets Index, representing approximately 2.6% of the MSCI EM Index with 32

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