DEWA Joins MSCI Emerging Markets Index, Boosting Global Investment Appeal

Photo : Dubai Government Media Office

MSCI Inc., a major company that provides important tools and services to investors worldwide, has announced that Dubai Electricity and Water Authority (DEWA) will be included in the MSCI Emerging Markets Index. This change will take effect after the market closes on May 30, 2025. DEWA is the sole provider of electricity and water services in Dubai and is listed on the Dubai Financial Market (DFM).

HE Saeed Mohammed Al Tayer, Vice Chairman and Managing Director & CEO of DEWA, said that the company is proud to be the largest listed company on the Dubai Financial Market, with a market value of over AED 130 billion. He also mentioned that DEWA’s work is inspired by the vision of the UAE and Dubai’s leaders, including His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, as well as His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum and His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum.

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Al Tayer explained that being added to the MSCI Emerging Markets Index is an important step for DEWA as a publicly traded company. This inclusion shows that DEWA is becoming more important on the global stage. He also said that DEWA was one of the biggest companies added to the index by market value. This means that DEWA is now among a group of emerging market companies that international investors look for because of their strength, size, and plans for steady growth.

He highlighted that DEWA has a strong record of paying steady dividends to investors, pushing forward clean energy goals, and supporting Dubai’s plan to reach net zero carbon emissions. DEWA follows the best global standards in how it operates and is committed to growing steadily and providing value to all its stakeholders.

The MSCI Emerging Markets Index is a well-known global benchmark that tracks large and mid-sized companies in 24 emerging countries such as China, India, Brazil, Saudi Arabia, and the UAE. The index has more than 1,400 companies and covers around US $7 trillion in assets. Many investment funds around the world follow this index closely and often invest in companies included in it. When a company joins this index, it usually receives automatic investment from funds that track the index, creating steady demand for its shares.

This inclusion of DEWA in the MSCI Emerging Markets Index is a strong signal of confidence in Dubai’s electricity and water provider, and it is expected to attract more international investors to the company.