DOHA, Qatar--(BUSINESS WIRE)--Sep 19, 2025--
As of September 18, The Qatar based Estithmar Holding Q.P.S.C. has been included in the FTSE Mid Cap Index following the September 2025 FTSE Global Equity Index Series (GEIS) Semi-Annual Review. Changes will be effective as of COB 18 Sep 2025. This inclusion reflects Estithmar Holding’s growing footprint in both regional and global markets, further strengthening its visibility among international investors and underlining its position as one of the region’s leading diversified public companies.
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The FTSE Russell index is widely tracked by international institutional investors and asset managers, and Estithmar Holding’s inclusion is expected to broaden its investor base globally, resulting in significant investment flows. The move also contributes to improving the financial attractiveness of the stock and supporting investor confidence in the company.
Commenting on the inclusion, Juan Leon, Holding CEO of Estithmar Holding, said: “Estithmar Holding’s inclusion in the FTSE Mid Cap Index represents international recognition of our progress and growth trajectory. This milestone opens new doors for global investors to participate in our success story, hand in hand with our international expansion strategy, and it reinforces our commitment to delivering long-term value to our shareholders, partners, and stakeholders. With our diversified portfolio spanning healthcare, services, real estate and touristic investment, and specialized contracting, Estithmar Holding remains focused on sustainable growth and expanding our impact across the region and beyond."
The FTSE Russell September 2025 review highlighted a total of ten new company additions across MENA markets. The review typically involves adding or removing stocks and adjusting their weight based on factors such as market capitalization, sector representation, and liquidity. With Estithmar Holding (IGRD) among the most notable inclusions, the changes are effective from close of business on Thursday, September 18, 2025.
The inclusion marks another step in Estithmar Holding’s journey of growth, following strong financial performance in H1 2025, with revenues reaching QAR 3.073 billion, net profit rising by 97% YoY to QAR 465 million, and market capitalization exceeding QAR 15.9 billion. Estithmar Holding's operates across 9 countries including Qatar, Saudi Arabia, Algeria, Iraq, The Maldives and others, with a work force of more than 28,000 employees spanning 100+ nationalities.
Source:AETOSWire
Estithmar Holding’s Listing on FTSE Mid Cap Index is Effective (Photo: AETOSWire)
Aaron Glenn finally had seen enough from his porous, underachieving New York Jets defense after 14 games.
The first-year head coach fired defensive coordinator Steve Wilks on Monday, a day after the team gave up 48 points in one of its worst losses in a 3-11 season.
Glenn announced that Chris Harris, the team's defensive backs coach and pass game coordinator, would take over for Wilks. Glenn added that he would assist Harris in the play-calling duties this week.
Glenn said during a video call with reporters that he made the decision late Sunday night — a few hours after New York's 48-20 loss at Jacksonville. He said he spoke to Wilks on Monday morning to inform him that he was relieving him of his duties.
“I felt like it was the best decision for the organization at this time,” Glenn said. “I've said this all along, that I'm evaluating players, I'm evaluating coaches, I'm evaluating myself, and I just felt like this was the best decision for right now, for the team and for this organization.”
The 56-year-old Wilks was the first of the Jets' three coordinators hired by Glenn after he took over as head coach in January. Wilks was out of the NFL last season while serving as a volunteer adviser for Charlotte’s football team. He was San Francisco’s defensive coordinator in 2023, but was fired after the 49ers’ loss in the Super Bowl to the Kansas City Chiefs.
Wilks' defense with the Jets struggled all season, ranking among the league's worst against the run and points allowed. New York set an NFL record with no interceptions through its first 14 games, which also tied a league mark for any 14-game stretch in a season.
The Jets had expected their defense to be a strength for a team that was adjusting to changes to its coaching staff and with a new general manager in Darren Mougey. But the unit struggled all season under Wilks. As of Monday, the Jets' defense ranks 20th overall, 29th against the run and 30th in average points allowed. The pass defense has been serviceable, ranking 12th in the league.
New York, which failed to make the playoffs for the 15th straight year, dealt two of its top players — cornerback Sauce Gardner and defensive tackle Quinnen Williams — at the trade deadline. That further weakened an already inconsistent defense under Wilks.
Two weeks ago, the Jets gave up 167 yards rushing in a 27-24 victory over Atlanta. They followed that up by allowing 239 yards on the ground last week in a 34-10 loss to Miami. On Sunday, Trevor Lawrence threw five touchdown passes and ran for another score in the blowout loss at Jacksonville, during which the Jaguars scored on eight of their first nine possessions.
After the game, Glenn brushed off questions about whether he might consider pulling play-calling duties from Wilks, saying he brought the veteran coach to New York “for a reason, and I want him to run his system.” A few hours later, Glenn decided to move forward without Wilks for the final three games of the season.
“I just thought that from last week going into this week, the improvement wasn't there,” Glenn said. “And I thought it was time to make a change.”
The 43-year-old Harris had 16 career interceptions while playing safety for eight NFL seasons during two stints with Chicago, along with stops in Carolina, Detroit and Jacksonville. After retiring from playing in 2013, Harris began his coaching career as a defensive quality control coach for the Bears before joining the Chargers as an assistant defensive backs coach in 2016.
He served in the same role for Washington from 2020 through the 2022 season before being hired by Tennessee as the defensive pass game coordinator and cornerbacks coach.
Glenn said Harris has experience calling defensive plays in the preseason, so he expects him to get up to speed quickly.
“This is a league of change,” Glenn said. “And with change comes opportunity, and this will be a good opportunity for him to get a chance to call it.”
The Jets actually got their second defensive takeaway of the season against Jacksonville, a fumble recovery by Malachi Moore — just over two months after Andre Cisco's fumble recovery against Denver on Oct. 12. New York ranks last in the NFL with a minus-17 turnover differential.
“I want to see consistent improvement,” Glenn said. “I want to see structure that’s consistent. I want to see play that’s consistent. And I want to see the culture of this football team come together.”
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FILE - New York Jets defensive coordinator Steve Wilks walks onto the field before an NFL football game against the Miami Dolphins, on Sept. 29, 2025, in Miami Gardens, Fla. (AP Photo/Doug Murray, File)
