"ADNOC Gas" Join an indicator "Fotsi for emerging markets" And expectations to attract investments exceeding 250 million dollars
Abu Dhabi, September 8/ WAM/ ADNOC Gas BLC announced today, the selection of its shares for listing within the “FTSE” (FTSE) index, which is part of the series “FTse Russell” for global stocks “Geis”, while this listing will enter into force at the opening of the markets on September 22, 2025.
“ADNOC Gas” expects this achievement that this achievement will contribute to enhancing its attractiveness and spread among global investment institutions, expanding the base of its shareholders, and increasing the levels of its shares in the “Abu Dhabi Securities Market”, and according to estimates of market analysts, this listing can contribute to attracting additional investments exceeding $ 250 million.
One of the most important global indicators that enjoys wide follow -up by international investors, as it measures the performance of companies with large and medium capital in advanced and secondary emerging markets. This indicator comes within a series of “Fotsi” indicators of global stocks.
Fatima Mohamed Al -Nuaimi, CEO of ADNOC Gas Company, said that ADNOC Gas’s joining to the EffyVite Emerging Markets Index represents clear evidence of the solid foundations on which the company is based, and its firm commitment to implementing its strategy to grow in a consistent manner.
She pointed out that this achievement is an important progress that contributes to achieving the company’s ambitions of diversifying the base of its investors from institutions, enhancing the liquidity of its shares, and upgrading its investment portfolio at the global level.
Al -Nuaimi added that this inclusion comes after ADNOC Gas recently joined the Morgan Stanley Capital International Index for Emerging Markets’, in a move that reflects the market confidence in the company’s performance and its sustainable growth path.
She explained that ‘ADNOC Gas’ has an integrated set of strategic growth projects, which includes plans for capital expenses with a total value of about 20 billion dollars, along with a clear path to achieve its goal of increasing profits before deducting interest, taxes, depreciation and consumption by more than 40% by 2029 compared to 2023, which enhances the company’s firm commitment to create sustainable value The term for its shareholders.
As its presence expanded among global investment institutions, “ADNOC Gas” expects an increase in liquidity, enhancing its spread in global markets, and increasing the attractiveness of its shares, which establishes its position as a leading company in the global energy sector.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
