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MSCI announced the removal of ADES Holding from the MSCI Global Standard Index and the downgrade of Makkah Construction & Development from the same index, transferring it to the Small Cap Index. It also added Makkah and Riyadh Cables to its Small Cap indices, while removing 13 companies and funds, including Al Saif Gallery, Jahez, Yanbu Cement and Al Rajhi REIT. The changes will take effect at market close on November 30, 2026, based on price data through October 20.
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