Du set to broaden investor base with inclusion in MSCI index from September
Emirates Integrated Telecommunication Company, known as du , is set to become a constituent of MSCI indexes next month, a move that will help the Dubai telecom operator to expand its global institutional investor base. The company will be included in the MSCI UAE Standard Index, a component of the MSCI Emerging Markets Index , following the latest equity index review results, effective from the…
Emirates Integrated Telecommunication Company, commonly referred to as du, is poised to enhance its appeal to global investors after being slated to join MSCI indexes next September. This inclusion will see the Dubai-based telecom operator become part of the MSCI UAE Standard Index, a crucial component of the MSCI Emerging Markets Index, commencing from the market close on August 31.
The decision to include du in the MSCI index is driven by its burgeoning market capitalization, free float, and liquidity, which the company highlighted in a statement to the Dubai Financial Market.
The move underscores du's escalating scale, market relevance, and a continuously expanding shareholder base. The MSCI Emerging Markets Index, which is closely monitored by global institutional investors managing trillions of dollars in assets, encompasses large and mid-cap companies across 24 emerging markets. The MSCI UAE index, on the other hand, serves as a benchmark for measuring the performance of large and mid-cap listed companies in the UAE, the second-largest Arab economy.
It encompasses roughly 85% of the free float-adjusted market capitalization of UAE-listed equities and is widely referred to by global funds and institutional investors for investment decisions.
With a total market capitalization of approximately $140 billion, the index's top 10 constituents include notable names such as First Abu Dhabi Bank, e&, Emaar Properties, Emirates NBD, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Aldar Properties, energy firm Adnoc Gas, Dubai Islamic Bank, and Dewa. Du's CEO, Fahad Al Hassawi, expressed that the company's inclusion in the MSCI UAE Standard Index is a significant milestone, reflecting its growing appeal to international investors.
Al Hassawi further noted that the move aligns with du's robust financial performance in the first half of 2026, which includes double-digit net profit growth and sustained margin expansion.
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