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NYSE Content Advisory: Pre-Market Update + S&P 500 enters week 0.8% from record

NEW YORK, Sept. 8, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE Content Advisory: Pre-Market Update + S&P 500 enters week 0.8% from record

Ashley Mastronardi delivers the pre-market update on September 8th

  • Stocks are higher Monday morning with the S&P 500 sitting less than 1% from its recent record.
  • Inflation will be in focus over the next several days as the Bureau of Labor Statistics will release two reports. Wholesale price data on Wednesday and Consumer price data on Thursday.
  • In an interview Sunday morning, Treasury Secretary Scott Bessent said that his agency would be forced to refund about half the tariffs if the Supreme Court upholds a ruling that President Trump’s reciprocal tariffs were illegal.  

Opening Bell
Genpact (NYSE: G) celebrates its rebrand and new tagline, “on it.”

Closing Bell
Maximus (NYSE: MMS) celebrates its 50th anniversary of founding

Click here to download the NYSE TV App

Video – https://mma.prnasia.com/media2/2767201/NYSE_Market_Update_Sept_8_2025.mp4 

 

Agora Wins Best Communications API at 2025 API World Conference

Agora’s Conversational AI Engine recognized for enabling seamless, real-time interaction between humans and AI agents.

SANTA CLARA, Calif., Sept. 8, 2025 /PRNewswire/ — Agora, Inc. (NASDAQ: API), a pioneer and global leader in real-time engagement and conversational AI, accepted the award for Best Communications API at the 2025 API Awards. The award was presented during the API World conference in Santa Clara, California last week.

API World is the world’s largest API conference and expo and serves as a platform for developers and technical leaders to connect, share knowledge, and explore advancements in API-related tech. The API Awards celebrate technical innovation and adoption in the API ecosystem, and the Best Communications API category honors seamless, natural, and scalable communication experiences.

Redefining Real-Time Voice Communication
Agora’s Conversational AI Engine was recognized for enabling seamless, real-time interaction between humans and AI agents. Built on top of Agora’s Software-Defined Real-Time Network (SDRTN®), which powers over 80 billion minutes of global engagement per month, the Conversational AI Engine makes it simple for developers to build AI-powered experiences with ultra-low latency, unmatched clarity, and reliable delivery at scale.

“Agora has spent over a decade optimizing real-time communication between humans. With our Conversational AI Engine, we’re extending that expertise to human-AI conversations,” said Tony Zhao, CEO of Agora. “Winning Best Communications API validates our belief that every conversation with AI should be as natural and responsive as speaking to another human.”

Unlocking New Voice AI Possibilities for Developers
Agora’s Conversational AI Engine enables developers to quickly and easily build custom voice AI agents and integrate them into their applications. The engine powers a wide range of voice AI use cases, from 24/7 customer support and AI shopping assistants to immersive education and real-time fan engagement.

Agora’s Conversational AI Engine provides:

  • Ultra-low latency: Sub-second end-to-end latency enables quick, natural AI interaction
  • Choice of providers: Choose ASR, LLM, and TTS providers to customize AI agent.
  • Intelligent interruption handling: Users can interrupt AI mid-sentence to quickly shift a request,
  • Noise suppression: Built in noise suppression and echo cancelation allows AI to hear the user in noisy environments
  • Scalability and reliability: Backed by Agora’s global network (SDRTN®) which powers billions of minutes of interaction each month.

Learn more about Agora’s Conversational AI Engine here: https://www.agora.io/en/products/conversational-ai-engine/ 

About Agora

Agora is the global leader in real-time engagement, providing developers with simple, flexible, and powerful APIs to embed real-time conversational AI, voice, video, interactive live streaming, and chat into their applications and IoT devices. Headquartered in Santa Clara, CA, Agora is trusted by over 1,700 leading organizations across the globe to power best-in-class real-time experiences from social media and live shopping to education and telehealth. For more information about Agora (NASDAQ: API), visit: www.agora.io.

Ace Green Recycling and Gold Star Metals Enter Multi-Year Strategic Supply Agreement to Secure Battery Recycling Feedstock in Texas

HOUSTON, Sept. 8, 2025 /PRNewswire/ — Ace Green Recycling, Inc. (“Ace” or the “Company”), a leading provider of sustainable battery recycling technology solutions, today announced it has signed a multi-year Master Used Lead Acid Batteries (“ULAB”) Supply Agreement with Gold Star Metals, LLC (“GSM”), a leading recycler and aggregator of battery materials in the southern United States.

Under the agreement, GSM will supply Ace with a minimum of 30,000 metric tons of ULAB annually, with the ability to scale volumes up to 100,000 MT per year as Ace expands operations at its planned flagship facility in Texas, which is expected to commence operations in 2026. The ULAB will be sourced from Texas, Louisiana, Oklahoma, Kansas, Arkansas, and New Mexico, and complements Ace’s existing supply agreements, providing a strong and reliable pipeline of feedstock for the Company’s clean recycling technology.

“This partnership is a major step in securing a stable and sustainable supply chain for our U.S. operations,” said Siddharth Roy, Business Director at Ace Green Recycling. “Together, Ace and GSM share a commitment to building a zero-emissions future for the global recycling industry.”

Parth Tanna, Business Manager at Gold Star Metals, added: “Ace is a visionary when it comes to scaling environmental friendly solutions for lead battery recycling and our long-term agreement leverages our strong regional collection network to support the next generation of clean recycling solutions.”

This multi-year agreement marks a significant milestone in strengthening the U.S. battery ecosystem, ensuring supply security, environmental responsibility, and sustainable growth.

About Ace Green Recycling

Ace Green Recycling, Inc., incorporated in Delaware, is an innovative battery recycling technology platform offering sustainable end-of-life solutions. It has deployed modular, Scope 1 carbon emissions-free recycling facilities for lithium (nickel-manganese-cobalt & lithium iron phosphate) and lead batteries used in various industries including electronics, automotive and energy storage. Ace was founded by Nishchay Chadha, Chief Executive Officer and a veteran in recycling, mining and global supply chain industries, and Dr. Vipin Tyagi, Chief Technology Officer, with extensive experience in battery materials recycling technologies. For more information, please visit www.acegreenrecycling.com.

Contacts:

Media
Media@acegreenrecycling.com
 
Investors
Investors@acegreenrecycling.com

Forward-Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements generally can be identified by the use of words such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “project” or “continue” or the negative of these terms or other comparable terminology. Such statements include statements regarding the intent, belief or current expectations of Ace and members of its management as well as the assumptions on which such statements are based. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties that could cause actual events or results to vary significantly from those implied or projected by the forward-looking statements. No forward-looking statement is a guarantee of future performance. Forward-looking statements contained in this press release are made as of this date, and Ace undertakes no duty to update such information except as required under applicable law.

Sirtex Receives Expanded CE Mark Approval for SIR-Spheres® Y-90 Resin Microspheres

Broadened indication increases access to liver cancer treatment across Europe and CE-marked territories.

WOBURN, Mass., Sept. 8, 2025 /PRNewswire/ — Sirtex Medical (“Sirtex”), a leading manufacturer of minimally invasive interventional oncology solutions, today announced that it has received an expanded CE Mark approval for SIR-Spheres® Y-90 resin microspheres for the treatment of patients with liver cancer. With this expansion, eligibility now covers both primary and secondary liver metastases, increasing patient access to a well-established, targeted therapy.

“This milestone is about more than regulatory approval—it’s about giving hope and options back to patients facing some of the toughest cancer diagnoses,” said Matt Schmidt, CEO of Sirtex Medical. “By expanding access to SIR-Spheres®, we’re ensuring that more people can benefit from a well-tolerated therapy when they need it most.”

Radioembolization—also known as selective internal radiation therapy (SIRT)—delivers yttrium-90 directly to tumors via the hepatic artery, allowing for high-dose, targeted radiation aiming to minimize impact to surrounding healthy tissue.

Y-90 radioembolization has long demonstrated clinical value in managing complex liver tumors,” said Prof. Dr. med. Jens Ricke, Director of the Clinic and Polyclinic of Radiology at the University Hospital Ludwig-Maximilians in Munich, Germany. “With this expanded CE Mark, more patients will have access to a therapy that can extend life, improve quality of life, and offer hope when other treatments may no longer be effective.”

The CE Mark expansion follows an extensive review of clinical data demonstrating the safety and effectiveness of SIR-Spheres® across diverse liver metastases. Together with the FDA’s recent approval of SIR-Spheres® Y-90 resin microspheres for the treatment of unresectable HCC in the United States, this milestone underscores the growing global recognition of SIR-Spheres® as a versatile, differentiated therapy and reinforces the Sirtex commitment to advancing liver-directed interventional oncology.

For more information and details on how to incorporate SIR-Spheres® into your practice, please contact Sirtex at info-use@sirtex.com.

About SIR-Spheres® in Europe
SIR-Spheres® Y-90 resin microspheres are indicated for the treatment of:

  • Unresectable hepatocellular carcinoma (HCC), or
  • Unresectable metastatic liver tumors from primary colorectal cancer (mCRC) in patients refractory to or intolerant of chemotherapy, or
  • Unresectable intrahepatic cholangiocarcinoma (iCCA), or
  • Hepatic metastases by neuroendocrine tumours (mNET), or
  • Other liver metastases

Caution: Consult the Instructions for Use for a complete listing of indications, contraindications, side effects, warnings and precautions.

About Sirtex
Sirtex Medical is a global healthcare company focused on advancing minimally invasive, liver-directed cancer and embolization therapies. With offices in the U.S., Australia, Europe, and Asia, Sirtex delivers innovative minimally invasive interventional oncology and embolization solutions to physicians and patients worldwide. For more information, visit www.sirtex.com.

APM-EMEA-009-07-25

 

Hesai Showcases Next-Gen High-Performance Lidars at IAA Mobility 2025, Mass Production Expected in 2026

MUNICH, Sept. 8, 2025 /PRNewswire/ — Hesai Technology (Nasdaq: HSAI), the global leader in lidar solutions, will showcase its latest high-performance lidar portfolio at the premier automotive event, IAA Mobility 2025, held from September 9–12 in Munich, Germany.

Among the highlights is Hesai’s automotive-grade ultra-long-range lidar ETX, setting a new industry benchmark with the world’s highest channel count and ranging capability (1). Complementing ETX, the fully solid-state FTX fills perception blind spots for L3/L4 vehicles with the world’s widest field of view. Hesai will also showcase ATX, its best-selling lidar for L2 assisted driving, which continues to lead the market.

ETX – Redefining High-Performance Lidar’s Capability

Hesai ETX Automotive Ultra-Long Range Lidar
Hesai ETX Automotive Ultra-Long Range Lidar

As the star product of Hesai’s IAA Mobility showcase, ETX stands out with its unmatched 800-channel count, 400 m ranging capability at 10% reflectivity, and finest resolution at 0.05° × 0.025°. Designed for L3 and L4 autonomous driving, it is built on the world’s first fully developed in-house digital single-photon platform, which integrates three core modules: laser emission, single-photon detection, and signal processing. While strictly adhering to Class 1 eye safety standards, ETX significantly enhances the perception of autonomous vehicles. Despite its industry-leading performance, ETX has a compact 32 mm height that is 35% smaller than comparable products (2), making it ideal for seamless behind-the-windshield integration.

ETX’s performance breakthroughs are powered by Hesai’s fourth-generation technology platform, featuring three core modules:

  • Photon Vector Technology (PVT): Hesai customizes high-power VCSEL laser arrays to dramatically improve photon transmission and reception efficiency, boosting ranging capability by 30% while reducing its size and power consumption.
  • Addressable Photon Isolation (API): Hesai’s addressable photon isolation, built on independently addressable transceiver components, enables independent driving of laser transmit and receive channels. At the hardware level, this mitigates channel blooming found in traditional SPAD lidars, ensuring high-precision point clouds. In challenging scenarios such as highly reflective objects or rain and fog, ETX achieves a breakthrough with a 95% reduction in false positive rate (3).
  • Intelligent Point Cloud Engine (IPE): Built on principals of quantum optics, this engine leverages 24.6 billion samples/sec ultra-fast sampling to remove over 99.9% of environmental noise in challenging conditions such as rain, fog, dust, or vehicle exhaust.

ETX has already been selected by a global OEM for multiple vehicle models. Mass production is expected in 2026, accelerating large-scale deployment of L3 autonomous driving worldwide.

Visitors will have the first opportunity to experience ETX’s behind-the-windshield solution and live point cloud demonstration at Hesai’s (Hall B3, Booth A10), made possible through collaborations with leading windshield manufacturers AGC Wideye and Saint-Gobain Sekurit.

Wideye® by AGC, AGC’s department focusing on ADAS and autonomous vehicles, offers high performance glass solutions that enable reliable, efficient and design-oriented sensor integration. Wideye® by AGC will be showcasing Hesai’s ETX live demo at booth B10, hall A1.

Saint-Gobain Sekurit is a global leader in automotive glazing systems, delivering innovative and sustainable solutions for OEMs worldwide. The company designs tailored glazing systems that combine high performance, safety and elegance while focusing on passengers comfort and emotions. As a trusted partner, Saint-Gobain Sekurit makes every drive a great experience.

“Saint-Gobain partnered with Hesai to push the boundaries of lidar integration behind the windshield, combining optical performance with seamless in-cabin design. This solution empowers automakers to deliver safer, smarter, and more elegant ADAS systems at industrial scale,” says A. Jaafar, Innovation Manager of Saint-Gobain Sekurit.

FTX – The Final Piece in Completing the Puzzle of L3 Autonomous Driving

At IAA Mobility 2025, Hesai is also showcasing the FTX, a fully solid-state blind-spot lidar that represents the critical missing piece for L3 autonomous driving. Leveraging solid-state electronic scanning, FTX delivers up to 180° x 140° field of view with more than double the resolution of its previous generation. It is 66% lighter than its prior model (4), with an exposed optical window of just 50 × 30 mm, enabling flexible integration for precise detection of low obstacles such as road posts, while supporting autonomous parking and safe lane changes. FTX is slated for mass production in 2026.

Hesai FTX Fully Solid-State Lidar
Hesai FTX Fully Solid-State Lidar

As a powerful blind-spot lidar, FTX works in tandem with ETX to form Hesai’s Infinity Eye B solution, delivering panoramic perception for L3 and L4 autonomous driving. With its next-generation lidar portfolio, Hesai continues to push the boundaries of lidar technology, empowering automakers to accelerate the safe and scalable adoption of autonomous mobility.

Notes:

  1. Refers to long-range automotive lidars at mass or near-mass production stage.
  2. Compared with high-performance lidars with over 500 channels.
  3. Internal Hesai testing; actual performance may vary depending on environment and configuration.
  4. Compared with previous-generation solid-state lidar FT120.

 

ADGM is the MENA Region’s Largest IFC with 11,128 Active Licences at the end of H1 2025

ABU DHABI, UAE, Sept. 8, 2025 /PRNewswire/ — ADGM, the international financial centre (IFC) of Abu Dhabi, reinforced its position as the region’s largest and fastest-growing financial hub during the first half of 2025, with more than 11,000 active licences and a 42% jump in assets under management.

ADGM also emerged as the region’s largest IFC by the market capitalisation of its registered entities listed on a stock exchange, underscoring the centre’s efforts to reinforce the financial sector’s contribution to Abu Dhabi’s non-oil economy, which grew to 9.1% in Q1 2025.

H1 was also defined by transformative deals and partnerships between some of Abu Dhabi’s most influential institutions and ADGM-based entities, highlighting the centre’s role in enabling global businesses to invest and build strategic local and regional partnerships.

Commenting on the centre’s ongoing strong performance, H.E. Ahmed Jasim Al Zaabi, Chairman of ADGM, said, “As we approach a decade of operations, ADGM’s sustained commitment to excellence is strongly reflected not just in its growth numbers, but also in the rising global confidence in Abu Dhabi’s role as a financial powerhouse and the “Capital of Capital”. Record numbers can only be achieved through the depth of our global, regional, and local strategic partnerships and the clarity of our vision.”

The total number of operational entities within ADGM, which represents financial and non-financial firms, grew to 2,972 during H1, marking a 42% year-on-year growth. These include 308 financial firms and 2,664 non-financial.

ADGM registered 1,869 new licences, the highest number of licences issued during a six-month period since ADGM’s establishment. This represents a 47% growth in new licences compared to a year earlier and brings the total number of active licences in ADGM to 11,128.

The Financial Services Regulatory Authority issued a total of 52 In-Principle Approvals (IPAs) for financial services firms, up 27% year-on-year, while 45 new Financial Services Permissions (FSPs) were granted, a 45% increase.

Strong  global  and regional presence of top global firms includes Kimmeridge, Fortress, Circle, Oryx Global Partners, GMB Limited, Partners Group, Carta, Bitcoin Suisse, Tradition, Bitgrit, Harrison Street, Stacks Asia DLT Foundation, Hidden Roads, Polen Capital, Arcapita, Seviora, Aquila Group, Skadden, PATRIZIA, NewVest, Investindustrial and Digital Climate Middle East (DCME).

At the end of June 2025, the number of registered fund and asset managers based out of ADGM reached 154, while the total number of funds increased to 209.

Fortress Investment Group established an  office in ADGM and entered into a USD 1 billion global credit and real estate co-investment partnership with Mubadala.

US-based asset manager Kimmeridge inaugurated its ADGM and signed a MoU with Mubadala Energy to co-develop natural gas and LNG ventures, establishing a transatlantic energy corridor through ADGM.

IHC, BlackRock, and ADGM-based Lunate launched a USD 1 billion+ AI-native reinsurance platform from within ADGM. With ambitions to manage more than USD 10 billion in liabilities, the venture positions ADGM as a nucleus for AI-driven global financial solutions.

Mubadala and Alpha Dhabi scaled their ADGM-based private credit joint venture to USD 2.5 billion.

ADGM is now the region’s largest international financial centre by the market capitalisation of its registered entities. The total value of ADGM-based firms listed on the Abu Dhabi Securities Exchange (ADX) has surpassed AED 500 billion by the end of H1 2025

ADGM representatives participated in the CityWeek 2025 conference in London, where they engaged with global financial leaders on regulatory collaboration, sustainable finance, ongoing initiatives within AI, as well as capital markets innovation.

Additionally, ADGM participated in a wider Abu Dhabi delegation on a series of roadshows to China and Japan to highlight the benefits of setting up in Abu Dhabi and to engage with leading institutions across private banking, wealth management, and family offices.

The increasing number of work permits issued by ADGM, brought its workforce on Al Maryah Island and Al Reem Island to 35,964 professionals at the end of H1 2025.

The Financial Services Authority concluded four new MoUs with regulatory counterparts in Azerbaijan, Bhutan, Hong Kong and Sweden, and issued new guidance on sanctions compliance, cybercrime prevention and cybersecurity. Additionally, key legislative enhancements were introduced in H1 2025 to align ADGM’s frameworks with international best practices in cyber risk, Basel Core Principles and fund regime reporting.

ADGM’s Registration Authority (RA) introduced several key enhancements, such as the launch of AccessRP, a digital tool designed to streamline property interest verification, and the introduction of Commercial Permits Regulations, offering greater operational flexibility for non-financial businesses. In line with ADGM’s ease-of-doing-business agenda, the RA also rolled out updated and reduced Fees Rules, further simplifying and lowering the cost of market entry.

The RA signed a strategic MoU with the Astana International Financial Centre (AIFC) to promote collaboration and mutual recognition of Operating Digital Platforms (ODPs).

Supervisory activity significantly increased, with the RA conducting 223% more supervision assessments compared to H1 2024, underscoring its commitment to maintaining high governance standards.

The International Bar Association (IBA) announced that ADGM Courts  will host its flagship IBA Arbitration Day in Abu Dhabi in January 2026, choosing ADGM as the venue to gather renowned arbitration, legal and relevant industry experts from around the world.  

 

 

Nobel Laureate Headlines Global Discussion in Cell & Gene Therapy in London

PISCATAWAY, N.J., Sept. 8, 2025 /PRNewswire/ — Cell and gene therapies (CGT) are advancing rapidly and are reshaping the future of medicine. From CRISPR-based genome editing to new applications of in vivo and ex vivo cell therapies, scientific breakthroughs are increasingly moving from the laboratory into clinical practice. At the same time, global investment and innovation in the field are accelerating, positioning CGT as one of the fastest-growing areas in life sciences.

One of the greatest challenges for the industry lies in translating these advances into lasting patient benefits and sustainable clinical impact. To address the opportunities and challenges of this evolving landscape, the GenScript Biotech Global Forum London 2025 will take place on November 20th, 2025, in London, United Kingdom, alongside the Jefferies London Healthcare Conference. Under the theme “THE NEXT ERA OF CGT IS HERE,” the forum will bring together a Nobel Laureate, industry pioneers, and investors to explore how today’s innovations can evolve into tomorrow’s standards of care.

RSVP: http://bit.ly/467jaet
(Register with code GSGM1 to claim a complimentary ticket — limited to the first 20 registrants)

Meet Keynote Speakers

The forum is honored to feature an extraordinary assembly of pioneering minds, headlined by Nobel Laureate Dr. Craig Mello, acclaimed for his co-discovery of RNA interference which revolutionized genetic research and paved the way for an entire class of RNA-based therapeutics. He will explore how foundational science can transition into real clinical impact.

Dr. Carl June, Richard W. Vague Professor in Immunotherapy, Director of the Center for Cellular Immunotherapies, University of Pennsylvania. His groundbreaking work led to the first FDA-approved CAR-T cell therapy, reshaping modern cancer treatment. Dr. June will present the latest advances and future directions in cellular immunotherapies.

Dr. Miguel Forte , current President of the International Society for Cell & Gene Therapy (ISCT). With deep expertise in clinical translation and regulatory strategy, he will offer a global perspective on clinical translation, manufacturing (CMC) challenges, and regulatory pathways that will shape the scalability and accessibility of CGT.

The Afternoon and Evening Program will Feature:

  • 3 keynote speeches from renowned leading experts in CGT industry
  • 3 in-depth panel discussions tackling core industry challenges
  • 1 fireside chat on future innovation opportunities in CGT.
  • 20 distinguished speakers sharing insights across the scientific, clinical, and investment spectrum
  • 1 reception fostering meaningful dialogue and connections

Focused Discussions on Industry Priorities

The forum’s agenda will address the topics that matter most to the CGT ecosystem, including:

  • Navigating the Future of Cell Therapy: Evaluating Varied Pathways in Cell Therapy Innovation for Comprehensive Sector Insights
  • Latest Progress and Future Outlook in Gene Therapy and mRNA
  • From Lab to Patient: Overcoming CMC Barriers in Cell and Gene Therapy Manufacturing
  • Innovation and Investment for CGT

In today’s rapidly evolving CGT industry, opportunities and challenges exist side by side. The GenScript Biotech Global Forum London 2025 offers a top-tier platform to directly engage with world-leading scientists, industry pioneers, and investors.

Registration is Now Open

Date: Thursday, November 20, 2025
Location: 116 Pall Mall, London, UK

RSVP: http://bit.ly/467jaet
(Register with code GSGM1 to claim a complimentary ticket — limited to the first 20 registrants)

 

ADNOC Gas to Join FTSE Emerging Index, Unlocking Over $250 Million in Fund Investment

ADNOC Gas inclusion in FTSE Index reinforces UAE’s capital market depth

Inclusion will take effect on September 22, 2025

Follows ADNOC Gas’ successful MSCI Emerging Markets Index inclusion in June

ABU DHABI, UAE, Sept. 8, 2025 /PRNewswire/ — ADNOC Gas plc and its subsidiaries (together, “ADNOC Gas” or the “Company”) (ADX: ADNOCGAS) (ISIN: AEE01195A234) today announced that its shares have been selected for inclusion in the FTSE Emerging Index (the “Index”) – part of the FTSE Russell Global Equity Index Series (GEIS) – with inclusion effective when markets open on September 22, 2025.

 

ADNOC Gas believes this milestone will enhance its visibility among global institutional investors, broaden its shareholder base, and support liquidity on the Abu Dhabi Securities Exchange (ADX). Market analysts estimate that inclusion may result in up to $250 million in incremental investment. The FTSE Emerging Index is widely tracked by international investors and measures the performance of large and mid-cap companies across advanced and secondary emerging markets within the FTSE GEIS.

Fatema Mohamed Al Nuaimi, Chief Executive Officer of ADNOC Gas, said: “Joining the FTSE Emerging Index is a strong endorsement of ADNOC Gas’ fundamentals and consistent delivery on our strategy. This achievement reinforces our ambition to diversify our institutional investor base, enhance liquidity, and elevate our global investment profile. It follows our recent inclusion in the MSCI Emerging Markets Index and reflects market confidence in our growth trajectory. With a robust pipeline of strategic projects, including $20 billion in planned capital expenditure, and a clear pathway to deliver over 40% EBITDA growth by 2029 versus 2023, we remain committed to creating long-term, sustainable value for our shareholders.”

With greater exposure to institutional investors, ADNOC Gas expects increased liquidity, deeper market penetration, and enhanced stock visibility – further solidifying its position as a leading energy player in the global market.

About ADNOC Gas

ADNOC Gas, listed on the ADX (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), is a world-class, large-scale integrated gas processing and sales company operating across the gas value chain, from receipt of feedstock from ADNOC through large, long-life operations for gas processing and fractionation to the sale of products to domestic and international customers. ADNOC Gas supplies approximately 60% of the UAE’s sales gas needs and supplies end-customers in over 20 countries. To find out more, visit: www.adnocgas.ae

(X) @ADNOCGas

Cautionary note:

This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of ADNOC Gas. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in these statements. ADNOC Gas does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or other information. Results could differ materially from those stated, implied, or inferred from the forward-looking statements contained in this announcement. Readers should not place undue reliance on forward-looking statements.

For investor inquiries, please contact:
Richard Griffith
Vice President, Investor Relations
+971 (2) 6037445
ir@adnocgas.ae 

For media inquiries, please contact:
Colin Joyce
Vice President, Corporate Communications
+971 (2) 6037444
media.adg@adnoc.ae