Zad Holding finds place in FTSE Russell Global Equity Index Series

23/02/2026 06:24 AST

Zad Holding has found place within microcap segment in the FTSE Russell Global Equity Index Series.

The semiannual review, published on February 20, 2026, will be effective after the close on March 23 for the Qatari market, FTSE said in a communique.

Meanwhile, Milaha has been deleted from the FTSE Russell Mid Cap Indices; whereas Dlala Holding, Inma Holding and Qatar Oman Investment Company have been taken off from FTSE Russell Micro Cap Indices.

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 Qatar Stock Exchange (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 technicals 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.

Stressing that the QSE is playing a central role in advancing Qatar's economic diversification and strengthening the competitiveness of its capital market; he had said the bourse continues to advance initiatives that deepen liquidity, expand the product diversity, and integrate sustainability and ESG standards.

"These efforts support the objectives of the Third Financial Sector Strategy and position Qatar's capital market as a transparent, resilient, and investor-friendly environment capable of attracting long-term global capital," according to him.

Gulf Times