Home Insights Features REVEALED: Top 10 Companies in UAE In 2014 The biggest listed businesses in the Emirates valued by market capitalisation. by Gulf Business December 10, 2014 In the UAE, according to IIF estimates, tourism, transportation, and trade will boost non-hydrocarbon growth to 5.2 per cent in 2014, but real GDP growth will be moderate in the coming years due to declining contribution of the hydrocarbon sector. Aggregate corporate earning in the UAE came in at $8 billion in H1 2014, implying a YoY growth of 16 per cent. Value traded in the first half of the year was close to four times the value for the equivalent period last year, due to the upgrade to the MSCI Emerging Market index and the stellar performance of banks and real estate. But the heady optimism may be waning, as valuations no longer appear attractive. The Arabtec fiasco in June has also raised serious questions about corporate governance and the role of regulators in ensuring a fair, efficient and transparent market. Going ahead, preparations for the Expo 2020 and investments in infrastructure and real estate should ensure continued growth in the Emirates. Top 10 Companies In UAE (As of August 2014. Source: Reuters Eikon, Markaz Research) 1. Emirates Telecommunication Corp Ltdh3> MCap: $24.86 billion Sector: Telecommunications Services 2. Emaar Properties MCap: $21.74 billion Sector: Real Estate 3. First Gulf Bank (FGB) MCap: $19.59 billion Sector: Banking & Investment Services 4. National Bank of Abu Dhabi (NBAD) MCap: $18.18 billion Sector: Banking & Investment Services 5. DP World Ltd MCap: $16.02 billion Sector: Transportation 6. Emirates NBD Bank MCap: $14.65 billion Sector: Banking & Investment Services 7. Abu Dhabi Commercial Bank MCap: $12.19 billion Sector: Banking & Investment Services 8. Aldar Properties MCap: $8.58 billion Sector: Real Estate 9. Dubai Islamic Bank (DIB) MCap: $8.5 billion Sector: Banking & Investment Services 10. Dubai Financial Market (DFM) MCap: $7.54 billion Sector: Banking & Investment Services Also read- Special Report: Top 100 GCC Companies REVEALED: Top 10 Companies in Saudi Arabia In 2014 REVEALED: Top 10 Companies in Qatar In 2014 0 Comments