MSCI Inc. has announced the inclusion of Dubai Electricity and Water Authority PJSC (DEWA) in the MSCI Emerging Markets Index, effective from the market close on May 30, 2025. DEWA is listed on the Dubai Financial Market and serves as Dubai’s exclusive electricity and water services provider.
HE Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA, expressed pride in this development, stating: “DEWA is committed to be an innovative and sustainable corporation inspired by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum… Under their guidance, DEWA is proud to be the largest listed company on the Dubai Financial Market, with a market capitalization exceeding AED 130 billion.”
Al Tayer further commented on DEWA’s new status: “Our inclusion in the MSCI Emerging Markets Index marks a pivotal milestone in DEWA’s journey as a publicly listed company and reinforces our growing relevance on the global investment stage.”
The MSCI Emerging Markets Index includes large- and mid-cap representation across 24 emerging markets such as China, India, Brazil, Saudi Arabia, and the UAE. The index influences approximately US$7 trillion in assets globally. Being added to this index often results in automatic capital inflows from passive investment vehicles that track its composition.
DEWA was among several UAE companies added during this review period. This addition highlights increasing interest in UAE’s capital markets and stable infrastructure assets within the region.
As part of this index, DEWA anticipates increased visibility and trading liquidity. Analysts expect significant inflows from global asset managers due to its inclusion.
This development strengthens UAE-based companies’ presence within global emerging market benchmarks. DEWA’s listing on the Dubai Financial Market occurred in April 2022 after one of the largest IPOs in the region.
For more information about DEWA’s financials or investor relations inquiries, interested parties can visit their website or contact them directly via email.
