ADNOC Gas (ADX: ADNOCGAS) will join the MSCI Emerging Markets Index effective June 2, 2025, a move expected to drive passive capital inflows of up to $500 million and significantly expand the company’s international investor base.
The inclusion follows ADNOC Gas’ recent $2.84 billion secondary share sale, which raised its free float by 80% and lifted average daily trading volume sixfold.
The company becomes the third ADNOC Company to be included in the MSCI index, a move expected to enhance its investment profile.
Fatema Mohamed Al Nuaimi, CEO of ADNOC Gas, said the inclusion “supports our ambition to attract a broader and more diversified base of institutional investors and should drive greater liquidity in ADNOC Gas stock.”
The MSCI Emerging Markets Index is a key global benchmark, tracked by over $1.8 trillion in assets under management.
ADNOC Gas met MSCI’s market capitalisation and liquidity criteria, securing its place in the June semi-annual index review.
Analysts expect the addition to attract between $300 million and $500 million in passive fund inflows as index-tracking investors adjust portfolios.
The move comes amid ADNOC Gas’s aggressive growth drive. Since its market debut in March 2023, the company has committed to investing $15 billion over five years in expansion projects, aiming for a 40% increase in EBITDA by 2029.
ADNOC Gas is also capitalising on rising global demand for gas as a transition fuel in energy markets.
The state-backed energy firm, which supplies about 60% of the UAE’s gas needs and exports to more than 20 countries, is seeking to bolster its profile among global investors ahead of a wave of upstream and downstream investments.
