List of companies of the United Arab Emirates
The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar and Iran. In 2013, the UAE's population was 9.2 million, of which 1.4 million are Emirati citizens and 7.8 million are expatriates.[1][2]
The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of $570 billion (AED2.1 trillion) in 2014. The United Arab Emirates has been successfully diversifying its economy,[3] although the UAE remains extremely reliant on oil. With the exception of Dubai, most of the UAE is dependent on oil revenues. Petroleum and natural gas continue to play a central role in the economy, especially in Abu Dhabi. More than 85% of the UAE's economy was based on the oil exports in 2009.[4][5] While Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification, Dubai, which has far smaller oil reserves, was bolder in its diversification policy.[6] In 2011, oil exports accounted for 77% of the UAE's state budget.[7]
Largest firms
This list shows firms in the Fortune Global 500, which ranks firms by total revenue for 2016.[8] Only the top five firms (if available) are included as a sample.
Rank | Image | Name | 2016 Revenues (USD $M) | Employees | Notes |
---|---|---|---|---|---|
472 | The Emirates Group | $22,734 | 61,205 | State run aviation holding company headquartered in Dubai and owned by the Investment Corporation of Dubai. The airline serves 61 countries and 140 destinations. The firm appears for the first time on the 2016 list. | |
Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Active firms
State-owned firms
Defunct firms
Name | Name (Arabic) | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|---|
Aabar Investments | آبار للاستثمار | Financials | Real estate | Abu Dhabi | 2005 | Real estate and project investments, ADX: AABAR |
Abu Dhabi Aviation | طيران أبوظبي | Consumer services | Travel & leisure | Abu Dhabi | 1975 | Airline, ADX: ADAVIATION |
Abu Dhabi Commercial Bank | بنك أبوظبي التجاري | Financials | Banks | Abu Dhabi | 1985 | ADX: ADCB |
Abu Dhabi Islamic Bank | مصرف أبوظبي الإسلامي | Financials | Banks | Abu Dhabi | 1997 | ADX: ADIB |
Abu Dhabi Gas Industries Limited (GASCO) | أبوظبي لصناعات الغاز | Oil & gas | Oil & gas producers | Abu Dhabi | 1975 | |
Abu Dhabi Media | أبوظبي للإعلام | Consumer services | Media | Abu Dhabi | 2007 | Publishing and broadcasting |
Abu Dhabi National Energy Company (TAQA) | أبوظبي الوطنية للطاقة | Oil & gas | Oil & gas producer | Abu Dhabi | 2005 | State-owned, ADX: TAQA |
Abu Dhabi National Hotels | أبوظبي الوطنية للفنننادق | Consumer services | Travel & leisure | Abu Dhabi | 2000[9] | ADX: ADNH |
Abu Dhabi National Oil Company (ADNOC) | شركة بترول أبوظبي الوطنية | Oil & Gas | Oil & gas producer | Abu Dhabi | 1971 | State-owned |
Abu Dhabi Ports Company (ADPC) | شركة أبوظبي للموانئ | Industrials | Industrial transportation | Abu Dhabi | 2006 | |
Air Arabia | العربية للطيران | Consumer services | Travel & leisure | Sharjah | 2003 | Airline, DFM: AIRARABIA |
Al Ghurair Group | مجموعة الغرير | Conglomerate | Dubai | 1960 | DFM: SHUAA-Capital | |
Al Tayer Group | مجموعة الطاير | Conglomerate | Dubai | 1979 | ||
Aldar Properties | الدار العقارية | Financials | Real Estate | Abu Dhabi | 2001 | ADX: ALDAR |
Alpha Data | Technology | Software & Computer Services | Abu Dhabi | 1981 | ||
Aramex | أرامكس | Industrials | Industrial Transportation | Dubai | 1982 | DFM: ARMX |
Armada Group | مجموعة أرمادا | Conglomerate | Dubai | 1974 | Investment, engineering, onstruction, real estate | |
Dana Gas | دانة غاز | Oil & Gas | Oil & gas producers | Sharjah | 2005 | ADX: DANA |
Dar Al Khaleej Printing and Publishing | دار الخليج للطباعة والنشر | Consumer services | Media | Sharjah | 1970 | Newspaper, magazines |
Dubai Bank | بنك دبي | Financials | Banks | Dubai | 2002 | Islamic bank |
Dubai Financial Market | سوق دبي المالي | Financials | Financial Services | Dubai | 2000 | Stock exchange, DFM: DFM |
Dubai Holding | دبي القابضة | Conglomerate | Dubai | 2004 | Hospitality, financial services, real estate, healthcare, media | |
Dubai Islamic Bank | بنــك دبي الإســلامي | Financials | Banks | Dubai | 1975 | Islamic bank, DFM: DIB |
Dubai Media Incorporated | مؤسسة دبي للإعلام | Consumer services | Media | Dubai | 2003 | State-owned |
DP World | موانئ دبي العالمية | Industrials | Industrial Transportation | Dubai | 2005 | Maritime, ports |
Easa Saleh Al Gurg Group LLC | القرق | Industrials | Construction & materials | Dubai | 1960[10] | |
Emaar Properties | إعمار العقارية | Financials | Real Estate | Dubai | 1997 | DFM: EMAAR |
Emirates | طيران الإمارات | Consumer services | Travel & leisure | Dubai | 1985 | Airline, part of The Emirates group |
Emirates Integrated Telecommunications Company (du) | الإمارات للاتصالات المتكاملة | Telecommunications | Mobile Telecommunications | Dubai | 2005 | DFM: DU |
Emirates Trading Agency | Financials | Real Estate | Dubai | 1973 | ||
Etihad Airways | طيران الاتحاد | Consumer services | Travel & leisure | Abu Dhabi | 2003 | Airline |
Etisalat | مؤسسة الإمارات للاتصالات | Telecommunications | Fixed Line Telecommunications | Abu Dhabi | 1976 | ADX: ETISALAT |
First Gulf Bank | بنك الخليج الأول | Financials | Banks | Abu Dhabi | 1979 | ADX: FGB |
Information Systems Associates FZE | Technology | Software & computer services | Sharjah | 2005 | Aviation software | |
Julphar | الخليج للصناعات الدوائية | Health care | Pharmaceuticals | Ras Al Khaimah | 1980 | ADX: JULPHAR |
Jumeirah Group | مجموعة جميرا | Consumer services | Travel & leisure | Dubai | 1997[11] | Hotels |
Liwa Chemicals | Basic materials | Chemicals | Abu Dhabi | 1939 | ||
Mashreqbank | بنك المشرق | Financials | Banks | Dubai | 1967 | Private bank, DFM: MASQ |
Nakheel Properties | نخيل العقارية | Financials | Real Estate | Dubai | 2000 | |
National Bank of Abu Dhabi | بنك أبوظبي الوطني | Financials | Banks | Abu Dhabi | 1968 | ADX: NBAD |
National Bank of Dubai | بنك دبي الوطني | Financials | Banks | Dubai | 2007 | DFM: ENDB |
Noor Islamic Bank | بنك نور الإســلامي | Financials | Banks | Dubai | 2008 | Islamic bank |
Noor Takaful | نور للتكافل | Financials | Insurance | Dubai | 2009 | Shari’a compliant insurance |
RAKBANK | بنك رأس الخيمة الوطني | Financials | Banks | Ras Al Khaimah | 1970 | ADX: RAKBANK |
Saltflow, Inc. | Conglomerate | Ras Al Khaimah | 2005 | Technology and construction, defunct 2014 | ||
SFM Corporate Services | Industrials | Support services | Dubai | 2006 | ||
Sharjah Islamic Bank | مصرف الشارقة الإسلامي | Financials | Banks | Sharjah | 1976 | Islamic bank, ADX: SIB |
SHUAA Capital | شعاع كابيتال | Financials | Financial services | Dubai | 1979 | DFM: SHUAA |
Sorouh Real Estate | صروح العقارية | Financials | Real estate | Abu Dhabi | 2003 | ADX: SOROUH |
Tamweel | تمويل | Financials | Real estate | Abu Dhabi | 2000 | DFM: TAMWEEL |
Thuraya | Telecommunications | Mobile telecommunications | Abu Dhabi | 1997 | Satellite communications | |
Unibeton Ready Mix | Industrials | Construction & materials | Abu Dhabi | 1980 | ||
Union National Bank | بنك الاتحاد الوطني | Financials | Banks | Abu Dhabi | 1982 | ADX: UNB |
Warid Telecom | Telecommunications | Mobile telecommunications | Abu Dhabi | 2004 |
- Dubai skyline and world's tallest buildingBurj Khalifa
- Madinat Jumeirah hotel in Dubai
- Airplanes from Emirates Airline at Dubai International Airport.
See also
References
- ↑ Habboush, Mahmoud. (10 October 2013) Call to naturalise some expats stirs anxiety in the UAE. Uk.reuters.com. Retrieved on 10 October 2015.
- ↑ "Labor Migration in the United Arab Emirates: Challenges and Responses". migrationpolicy.org. Retrieved 12 February 2016.
- ↑ "Diversification raises non-oil share of UAE's GDP to 71%".
- ↑ "The World Factbook". CIA.
- ↑ "WTO Trade Statistic 2009". Stat.wto.org.
- ↑ "United Arab Emirates profile". BBC News. 14 November 2012.
- ↑ "Economic diversification in the GCC countries" (PDF). p. 13.
- ↑ DeCarlo, Scott (22 July 2016). "The Fortune 2016 Global 500". Fortune.
- ↑ http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=51310773
- ↑ http://www.algurg.com/About-Esag/
- ↑ http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=13622243