Abu dhabi: The Abu Dhabi Securities Exchange (ADX) today welcomed the listing of Orascom Construction, a leading global engineering and construction contractor as well as concessions developer, marking its presence on the largest exchange in the UAE and among the top 20 globally.
According to Emirates News Agency, this is the third company to list on the ADX in 2025, showcasing the exchange's dedication to expanding market access and fostering opportunities for growth through an innovative, dynamic, and transparent marketplace. This marketplace is supported by a robust capital markets platform and a diverse range of market participants.
Through its expansive capital market, ADX continues to contribute actively to the UAE's economic growth, diversification, and competitiveness. This provides Orascom Construction with efficient access to growth capital, a vast investor base, and an ecosystem that enables issuers to realize their capital raising ambitions and flourish.
Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, remarked on the occasion: "The listing of Orascom Construction is a qualitative addition that enhances market depth and opens new horizons for investors to participate in the next phase of the region's development. By welcoming a leading player in the infrastructure sector, we are expanding the range of investment opportunities, particularly products linked to long-term infrastructure and energy needs."
This development complements ADX's offering across 12 sectors, including financial services, healthcare, technology, real estate, and energy. Such diversity underscores the strength of listed companies, which achieved the highest profitability among GCC exchanges in the first half of 2025, with net profits rising 15.6% year-on-year to 88 billion Dirhams. ADX remains dedicated to meeting investor aspirations and reinforcing Abu Dhabi's position as a global financial hub.
Osama Bishai, CEO of Orascom Construction, expressed satisfaction with the listing: "We are pleased to begin trading on ADX today. We are already an active player across construction and infrastructure investments in Abu Dhabi, and we look forward to bringing our unique track record of delivering major projects and investments across our global markets to both new and existing shareholders."
Orascom Construction is primarily involved in executing infrastructure, industrial, and high-end commercial projects in the Middle East, Africa, and the U.S. The company also develops and invests in concessions, owns 50% of the BESIX Group, and holds a portfolio that includes building materials, facility management, and equipment services. It consistently ranks among the top contractors globally and has a secondary listing on the Egyptian Exchange (EGX).
In the first half of 2025, Orascom Construction reported a consolidated backlog of USD 9.6 billion, USD 2 billion in revenue, and a net profit of USD 82.7 million. Since its IPO in March 2025, the company has rewarded shareholders with over USD 300 million through dividends and share buybacks, maintaining consistent dividend payouts since 2018. Total dividends have increased 20.7% year on year in 2025 to USD 51.8 million.
With a total market capitalization of 3 trillion Dirham, ADX stands as a trusted platform for investing in Abu Dhabi's capital markets. The exchange has led returns in the GCC and outperformed the MSCI Emerging Markets Index over the past decade, as well as global benchmarks over the last 20 years.