Orascom Construction, a global leader in engineering, construction, and infrastructure development, has officially listed on the Abu Dhabi Securities Exchange (ADX), becoming the third company to debut on the exchange in 2025. The listing further strengthens ADX’s position as the largest exchange in the UAE and one of the top 20 exchanges globally.
The move underscores ADX’s ongoing commitment to expanding market access, diversifying investment opportunities, and reinforcing Abu Dhabi’s growing status as a global financial hub.
Strategic Listing to Fuel Growth
Orascom Construction’s debut aligns with its broader strategy to scale operations, expand infrastructure investments, and unlock long-term value for shareholders.
“We are pleased to begin trading on ADX today,” said Osama Bishai, CEO of Orascom Construction. “This marks a key milestone in our internal restructuring efforts and positions us to better serve Abu Dhabi and other global markets. We’re excited to bring our track record of delivering major infrastructure and construction projects to a broader base of investors.”
The company, which also maintains a secondary listing on the Egyptian Exchange (EGX), operates across the Middle East, Africa, and the United States. Its core portfolio includes high-end commercial, industrial, and infrastructure projects. Orascom also holds a 50% stake in the BESIX Group and operates across adjacent sectors such as building materials, facility management, and equipment services.
Strong Financials and Shareholder Returns
In the first half of 2025, Orascom Construction reported:
- USD 9.6 billion consolidated backlog
- USD 2 billion in revenue
- USD 82.7 million in net profit
Following its IPO in March 2025, the company has distributed over USD 300 million to shareholders through dividends and share buybacks, maintaining a consistent dividend record since 2018. Total dividends in 2025 have increased 20.7% year-on-year, reaching USD 51.8 million.
ADX Deepens Sector Diversity and Market Strength
Speaking at the listing event, Abdulla Salem Alnuaimi, Group CEO of ADX, welcomed Orascom, stating:
“The listing of Orascom Construction is a qualitative addition that enhances market depth and opens new horizons for investors to participate in the next phase of the region’s development.”
He added that Orascom’s presence reinforces ADX’s offering across 12 key sectors, including infrastructure, energy, healthcare, and technology — further boosting investor access to long-term infrastructure and energy projects.
In H1 2025, companies listed on ADX reported record net profits of AED 88 billion, up 15.6% year-on-year, making them the most profitable among GCC exchanges.
A Platform for Regional and Global Investment
With a total market capitalisation exceeding AED 3 trillion, ADX has consistently outperformed global benchmarks, including the MSCI Emerging Markets Index over the past decade. The exchange continues to attract international investors by offering a robust capital markets platform, deep liquidity, and a commitment to innovation and transparency.
The listing of Orascom Construction is seen as both a vote of confidence in ADX and a catalyst for further foreign and regional investment into Abu Dhabi’s capital markets.
