01/06/2026 04:14 AST
Mosanada Facilities Management Services (MFMS), which started trading on the Qatar Stock Exchange (QSE) last year, has found place within microcap segment in the FTSE Russell Global Equity Index Series.
The quarterly review, published on May 22, 2026, will be effective after the close on June 22 for the Qatari market, FTSE said in a communique.
MFMS was established in Qatar in 2013 to manage large, complex, and high-profile assets. The company operates in a technical segment of the facilities management industry, focusing on the operation, maintenance and lifecycle management of nationally significant education, sports, healthcare including public-sector facilities.
The company primarily operates under long-term contracts ranging from three to five years, generating revenue through performance-based fixed fee arrangements, along with any variations mutually agreed with clients. In addition, Mosanada provides FM advisory and consultancy services on a shorter-term, one-off and ad-hoc basis. Mosanada operates in line with Shariah principles and has obtained a Shariah compliance certificate.
Qatar's facilities management (FM) industry is slated to see a compound annual growth rate (CAGR) of 19.1% to $20.3bn in 2024-30 with accelerating urbanisation and realty sector.
From the Gulf Cooperation Council (GCC) countries, four companies from Saudi Arabia also made their way to the global equity index series of FTSE Russell.
The companies' inclusion and reclassification in global indices are subject to various criteria, the most important of which are the size of the company's investable capital and market capitalisation, liquidity and turnover rates.
The periodic index reviews, including companies' reclassifications, additions and deletions, carried out by international index providers are among the main factors influencing the investment appetite of international investors and portfolio managers.
The QSE is seen actively pursuing a strategy to attract overseas investments as part of further diversifying its investor base, having put in place the required legislation, including a higher up to 49% foreign ownership limit (FOL).
Many companies have already enhanced FOL up to 49% and Edaa (formerly the Qatar Central Securities Depository) has amended the FOL in this regard.
The bourse had said it has become a focus of interest for many foreign investment portfolios from the US, Europe and Asia, and therefore has readied its infrastructure and technical to admit new companies and instruments.
Early this year, Qatar has showcased its integrated, innovative, and attractive capital market ecosystem at Davos as part of its strategy to attract long-term investments and global capital.
The QSE is undergoing a comprehensive transformation that focuses on enhancing market liquidity, improving investor access, expanding investment products - including debt instruments and ESG (environment, social and governance) aligned offerings - and upgrading digital market infrastructure, according to its chief executive officer Abdulla Mohammed al-Ansari.
Gulf Times
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