Americana Restaurants’ inclusion in these indices follows its historic concurrent dual listing on the Abu Dhabi Securities Exchange and the Saudi Exchange (Tadawul), which raised $1.8 bn in gross proceeds. Only 2 days left to subscribe to the Americana Restaurants IPO pic.twitter.com/znqNwTOEWK — Americana Restaurants (@RestAmericana) November 19, 2022Americana Restaurants has 2,183 restaurants in its portfolio and is present across 12 countries in Middle East, North Africa and Kazakhstan. MSCI UAE IndexAs a constituent of the MSCI UAE Index, Americana Restaurants is now also a constituent of all regional and composite MSCI equity indices containing the UAE. These indices include the MSCI Emerging Markets Index, MSCI Emerging Markets Investable Market Index (IMI) and MSCI All Country World Index (ACWI), the provider’s flagship global equity index, designed to represent performance of the full opportunity set of large- and mid-cap stocks across 23 developed and 24 emerging markets. The MSCI UAE Index, which is a component of the MSCI EEMEA Index, is designed to measure the performance of large and mid-cap segments of the UAE equity market.

Source: The North Africa Journal June 02, 2023 13:03 UTC