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With no income tax, Qatar (along with Bahrain and the UAE) is one of the countries with the lowest tax rates in the world. The unemployment rate in June 2013 was 0.1%. [ 2 ] Corporate law mandates that Qatari nationals must hold 51% of any venture in the Emirate. [ 3 ]
Qatar: 3: First Abu Dhabi Bank: Banking 182.5 33.7 United Arab Emirates: 4: National Commercial Bank: Banking 117.7 20.7 Saudi Arabia: 5: Etisalat: Telecommunications 33.4 43.1 United Arab Emirates: 6: Al-Rajhi Bank: Banking 90.6 27.7 Saudi Arabia: 7: Emirates NBD: Banking 122 13.1 United Arab Emirates: 8: Saudi Electricity Company: Electric ...
Ooredoo QSC [a] [4] (Arabic: أريد; formerly Qtel) is a Qatari multinational telecommunications company headquartered in Doha.Ooredoo provides mobile, wireless, wire line, and content services with market share in domestic and international telecommunication markets, and in business (corporations and individuals) and residential markets.
Descon (Urdu pronunciation: [ˈdɛs.kɔn] DES-kon) is a group of companies headquartered in Lahore. It operates in the engineering, power and chemical sectors. [1] Descon is active in UAE, Qatar, Saudi Arabia, Kuwait, Oman, Iraq, and South Africa. [2]
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DarkMatter Group is a computer security company [1] [2] founded in the United Arab Emirates (UAE) in 2014 [3] [4] or 2015. [5] The company has described itself as a purely defensive company; however, in 2016, it became a contractor for Project Raven, helping the UAE surveil other governments, militants, and human rights activists.
This list displays all UAE companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .