ADNOC Gas plc and its subsidiaries announced today that their shares will join the FTSE Emerging Index, part of the FTSE Russell Global Equity Index Series, with effect from market open on September 22. Market analysts estimate the move could attract up to $250 million in passive investment.
The inclusion is expected to raise the company’s profile among global institutional investors, expand its shareholder base, and improve liquidity on the Abu Dhabi Securities Exchange.
The FTSE Emerging Index is tracked by international funds and covers large- and mid-cap companies across advanced and emerging markets within the FTSE GEIS.
This follows ADNOC Gas’s inclusion in the MSCI Emerging Markets Index in June, which triggered approximately $500 million in capital inflows.
CEO Fatema Mohamed Al Nuaimi said the inclusion reinforces ADNOC Gas’s growth strategy, including its $20 billion planned capital expenditure and target to deliver over 40% EBITDA growth by 2029 compared to 2023.
In Q2 2025, ADNOC Gas reported net profit of $1.385 billion, a 16% year-on-year rise and record high, driven by strong domestic demand and improved operational efficiency. EBITDA rose 8% to $2.256 billion. The board approved a 5% higher interim dividend of $1.792 billion, payable in September.
Capital expenditure surged 49% in H1 2025, including a $5 billion final investment commitment for the first phase of the Rich Gas Development project and progress on the Ruwais LNG initiative.
