Salik Company PJSC Included in MSCI UAE Index
Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, announces that it has been included in the MSCI UAE Index as per the review announcement by MSCI on 13 May 2025, widely recognised as an important benchmark for decision-making by global investors in Emerging Markets.
The MSCI UAE Index, a component of the MSCI EEMEA Index, measures the performance of large and mid-cap segments of the UAE equity market. Inclusion in this index typically supports increased liquidity for a company’s shares and attracts more regional and global institutional and index-tracking investors.
Strategic Developments
Salik’s inclusion in the MSCI UAE Index follows the execution of its updated strategy since its implementation in 2024. Key developments include:
- Launch of two new gates in Dubai, increasing the total number of toll gates from eight to ten.
- Introduction of dynamic pricing expected to enhance revenue.
- Expansion into ancillary revenue streams with parking solution partnerships with Emaar Malls and Parkonic.
- Unique insurance partnership with Liva, a leading insurer in the GCC.
Meeting the necessary market capitalization, free float-adjusted market capitalization, and liquidity requirements for inclusion in the Index demonstrates Salik’s robust financial performance and unique value proposition, which resonates with both local and international institutional investors.
Ibrahim Sultan Al Haddad, Chief Executive Officer of Salik, commented: “MSCI’s UAE Index offers global investors ease of access and a compelling opportunity to capitalize on the UAE’s thriving equity market. We are very encouraged by Salik’s inclusion in the Index and would like to thank our investors for their trust in Salik’s equity story. This milestone is a testament to our performance and strategic achievements since listing on DFM, particularly the strength of our business model, unique value proposition, and robust financial track record. Salik remains focused on its ambition to become a global leader in providing smart and sustainable mobility solutions. We look forward to continuing to create value for shareholders through 2025 and beyond.”
All changes to the MSCI EEMEA Index, of which the MSCI UAE Index is a part, will be effective on 2nd June 2025.
