Environment
DEWA Joins MSCI Emerging Markets Index, Signaling Strong Global Investment Appeal
Dubai Electricity and Water Authority PJSC (DEWA, DFM: DEWA) has been officially added to the MSCI Emerging Markets Index, a major global benchmark followed by institutional investors worldwide. The inclusion will take effect as of the market close on May 30, 2025, marking a major milestone in DEWA’s evolution as a leading publicly listed company.
MSCI Inc. (NYSE: MSCI), a global provider of critical investment tools and services, confirmed DEWA’s addition to the index. DEWA, the exclusive provider of electricity and water services in Dubai, is currently the largest listed company on the Dubai Financial Market, boasting a market capitalization of over AED 130 billion.
Strategic Significance of the Inclusion
HE Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA, stated:
“Our inclusion in the MSCI Emerging Markets Index is a pivotal milestone that reinforces DEWA’s growing stature on the global investment stage. With our strong fundamentals, clean energy leadership, and predictable dividend policy, DEWA presents a compelling proposition for long-term investors.”
DEWA was one of the largest additions by full market capitalization to the index, joining a prestigious list of companies from global growth markets such as China, India, Brazil, and Saudi Arabia.
Global Impact and Investment Potential
The MSCI Emerging Markets Index includes large- and mid-cap companies across 24 emerging markets, with over US$7 trillion in assets benchmarked to it. Inclusion in the index often leads to:
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Passive capital inflows from index-linked investment vehicles
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Enhanced trading liquidity
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Increased global visibility
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Steady demand from institutional investors replicating MSCI indices
These inflows are typically non-discretionary and automatic, offering strong tailwinds for share performance post-inclusion.
DEWA’s Investment Strengths
DEWA’s consistent delivery of:
has made it a standout candidate among emerging market stocks. The company continues to play a pivotal role in advancing Dubai’s green economy goals.