Adnoc Drilling Company PJSC added to MSCI Emerging Markets and MSCI UAE indexes on Aug 30, 2024.

Adnoc Drilling Company PJSC has been selected for inclusion in the MSCI Emerging Markets and MSCI UAE indexes, effective August 30, 2024. This marks the company as the 12th member of the MSCI UAE index, enhancing its visibility to global investors and potentially increasing stock liquidity through passive inflows and interest from active investors. Recently, Adnoc raised $935 million by placing 880 million shares, increasing its free float to 16.5%.

September 02, 2024
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