ADNOC Drilling, listed on the Abu Dhabi Securities Exchange, announced that its shares will be included in the MSCI indices as of market close on August 30, 2024. It will also be included in the MSCI indices, including MSCI EM and MSCI UAE, after meeting the necessary criteria. The company will thus become the 12th member of the MSCI UAE Index.
For his part, Abdulrahman Abdullah Al Sayari, CEO of ADNOC Drilling, said: “The inclusion of ADNOC Drilling in the MSCI indexes will enhance the company’s expansion efforts and contribute to diversifying its investor base. It will also support the visibility of our business model and revenue profile more clearly in global markets.”
He added: We achieved this accomplishment thanks to our unwavering commitment to achieving excellence, raising efficiency in all our operations, enhancing safety standards, sustainable growth and focusing on investors. The continuous support of our shareholders also played an effective role in achieving this accomplishment.
