ADX-listed Waha Capital joins MSCI UAE & Global Small Cap indexes

ADX-listed Waha Capital joins MSCI UAE & Global Small Cap indexes

Waha Capital, an Abu Dhabi-listed investment management company, has been selected by Morgan Stanley Capital International (MSCI), one of the world’s leading index providers, for inclusion in its key UAE and Global Small Cap indexes.

The inclusion raises Waha Capital’s portfolio amongst global institutional investors. MSCI indexes are closely replicated by passive funds and other investment vehicles, such as mutual and exchange-traded funds (ETFs), and are widely used as benchmarks for their respective markets.

In addition to the MSCI All Country World Index (ACWI) Small Cap Index, which is the flagship Global Small Cap equity index comprising both developed and emerging market countries, Waha Capital will be included in the MSCI UAE Small Cap Index as well as the MSCI Emerging Markets Small Cap Index from 1st December 2021. These capitalization-weighted indexes are composed using a methodology that emphasizes liquidity, investability and replicability.

Ahmed Khalifa Al MehairiCEO – Waha Capital

“The inclusion in these MSCI indexes further elevates Waha Capital’s profile with international investors. Importantly, this development is set in the context of increased liquidity and a strong performance by the UAE’s capital markets this year, driven by new listings and the country’s well-managed recovery from the global pandemic. As the company forges