Van Eck Associates is planning to launch two ETFs to track Egypt and Kuwait indexes, The Wall Street Journal reports. The Market Vectors Egypt Index and Kuwait Index ETFs will track modified capitalization-weighted, float-adjusted indexes.

Stocks in both indexes must have a market capitalization of over $150 million on a specific rebalancing date. Both ETFs would be traded on NYSE Arca.

Click here for the story from The Wall Street Journal.