In a notable development for the UAE’s capital markets, three Abu Dhabi Securities Exchange (ADX)- listed companies—Lulu Retail, Mair Group, and ADNH Catering—are set to be included in key FTSE indices, effective Monday, 23 June, according to FTSE Russell’s latest quarterly rebalancing update reported by Al Khaleej.
Lulu Retail, a leading player in the regional retail sector, will be added to the FTSE Mid Cap and FTSE Global All Cap indices. Meanwhile, Mair Group and ADNH Catering will join the FTSE Global Micro Cap Index.
Why This Matters:
Investors closely watch FTSE index inclusions, often resulting in passive capital inflows from international funds that track these benchmarks. As a result, the inclusion of these Emirati firms is expected to boost liquidity, increase foreign investor participation, and raise the global visibility of the UAE’s equity markets.
The move also reflects growing international confidence in the UAE’s robust corporate fundamentals and dynamic capital market reforms, which continue to attract attention from global institutional investors.
This development follows a series of recent milestones for the ADX, reinforcing Abu Dhabi’s position as a leading regional hub for capital markets and investment opportunities.
