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Nine Emirati companies among world’s largest – Report

Nine Emirati companies among world’s largest – Report
Emirates NBD was ranked 351

UAE – Mubasher: The 18th annual ranking of the world’s 2,000 largest public companies by Forbes included nine Emirati companies, topped by First Abu Dhabi Bank (FAB), ranked at 303.

The FAB achieved $8.9 billion sales, $3.1 billion profits, $227.4 billion assets, and $34.4 billion market cap value.

Meanwhile, Emirates NBD was placed at 351, with $10.7 billion sales, $3.6 billion profits, and $188.3 billion assets. 

As for the companies, Emirates Telecommunications Group (Etisalat) recorded sales of $14.2 billion and profits of $2.4 billion to land in the 358th position.

Meanwhile, DP World was ranked at 715 with sales of $7.4 billion and profits of $1.2 billion, while Emaar Properties was placed at 981 with $7.1 billion sales.