The United Arab Emirates occupies second place in the world among the most economically stable countries after Switzerland.
The United Arab Emirates succeeded in achieving this economic boom within a very short period, turning it into a regional and even global centre for international business and companies. The UAE has all the ingredients to be a global trading centre. It is the only country in the region that has two active stock exchanges in Abu Dhabi and Dubai, in addition to having world-class infrastructure.
All of these reasons helped create global companies with a bright future. Companies that were able to start in the UAE and then reach the global level. Today, many Emirati companies or even some companies that were established by residents of the United Arab Emirates have been able to expand strongly to their own branches in dozens of countries around the world.
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The largest companies listed on the UAE stock exchanges:
- For banks, First Abu Dhabi Bank (FAB):
It is a bank that operates in both the UAE, the KSA and Egypt, the bank has a leading position in the field of sustainable finance in the region.
- On the communications level, Etisalat Group (Etisalat by e&):
It is the company that provides all types of communications and the Internet in the UAE. It has a branch in Egypt under the name Etisalat Egypt and also in Morocco under the name Etisalat Morocco.
- While Emaar Properties topped the list of real estate companies:
It is one of the largest real estate development companies in the region. One of its most important projects is the tallest tower in the world, Burj Khalifa. It has projects in more than 30 countries in Asia, Africa and Europe, and is owned by dozens of companies that work in specialized fields such as hotels and resorts, industry and investment, and so on.
- DP World is the largest company in this area:
It is one of the largest port operators in the world, and is active in all countries of the world, from South Korea, China and Australia in the east, passing through the largest European, Asian and African global ports to the ports of North and South America.
- Abu Dhabi National Oil Company (ADNOC):
An integrated energy company based in Abu Dhabi specializing in the field of oil and gas, has plans for a strategic change in the clean energy industry, it has subsidiary companies working in the field of maritime transportation, petrochemical industries, research, and more.
- Al Ansari exchange:
The company has more than 200 branches in the UAE, in addition to branches in other countries. The company was established in 1966 and meets the needs of millions of customers monthly.
- Aramex:
A company specialized in the field of logistical support and express shipping, and it is listed on the Nasdaq Stock Exchange in addition to the Emirati Stock Exchange.
The seven companies mentioned are the largest Emirati companies listed on the Abu Dhabi and Dubai stock exchanges, and each of them is the largest in its field, however, competition in the UAE market is strong under the existence of a free and open market.