Dana Gas becomes part of Morgan Stanley Capital International

Dana Gas, a regional private sector natural gas company, has announced its inclusion in the Morgan Stanley Capital International, MSCI, for Global Small Cap Indexes, effective 27th May, 2019.

The MSCI Emerging Markets Small Cap Index captures small-cap representation across 24 Emerging Markets countries. With 1,571 constituents, the index covers approximately 14% of the free float-adjusted market capitalisation in each country.

The small cap segment tends to capture more local economic and sector characteristics relative to larger Emerging Markets capitalisation segments. Dana Gas has joined the benchmark which includes 23 emerging markets countries, including the United Arab Emirates.

Commenting on the inclusion, Patrick Allman Ward, CEO of Dana Gas, said, "The inclusion of Dana Gas in MSCI’s Emerging Markets Small Cap Index puts the company firmly on the radar of institutional investors. Gaining representation in the index is testament to the progress we have made over the last year, specifically with regard to the successful Settlement Award in Kurdistan Region of Iraq and also the two completed projects in 2018 which increased our production substantially and will add US$50 million to our revenue this year."

Source: WAM

 

The Liberum

Vox Populi, Vox Dei
See full bio >
The Liberum runs on your donation. Fight with us for a free society.
Donation Form (#6)

More articles you might like

Damascus: Birthplace and Graveyard of the Ottoman Dream

The disintegration of the Ottoman Empire (1922) marked a moment of collective loss for much […]

Being well-connected does not always lead to career growth

Conventional wisdom says that when it comes to career growth, it’s not about what you […]

What if being an Expat isn’t Reinvention, but a Rebrand?

No one talks about it, but becoming an expat rewrites you from the inside out. […]
- by Ahmad Ghosn on 14/06/2025

All Roads Lead to an Iranian Nuclear Bomb

The world is watching Israel’s wide-scale military operation “Rising Lion” targeting nuclear and military infrastructure […]

The Last Card on the Table: Baghdad and the Balance of the New Middle East

As the Middle East reshapes itself in the wake of seismic shifts, including the October […]
- by Ali Albeash on 04/06/2025

Up for Grabs: How Syria is becoming an International Free-for-All

Until the night of June 2, 2025, the fate of foreign jihadists in Syria, under […]