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2024 Fortune list. 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 ...
Dubai Investment Fund was founded in 2001 with the main office in Dubai, UAE. [1] Over the years, the company has built stakes in electronics, financial, renewable energy, oil and gas, and information technology sector companies. [8] In 2002, DIF made its first investment and built a stake in companies such as Statoil and Petrobras.
Government-owned companies of the United Arab Emirates. Aabar Investments. Abu Dhabi Investment Council. Abu Dhabi Ports Company. Abu Dhabi Terminals. Abu Dhabi National Oil Company. Arab Media Group. Arabian Television Network. Creative City.
The firm was established by Majid Al Futtaim in 1992 [1] and is best known as the owner of the Mall of the Emirates in Dubai and being the franchisee of French hypermarket chain Carrefour in the Middle East, North Africa and Central Asia. In 2023, MAF had AED 34.5 billion in revenues and AED 2.7 billion in net profit.
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
e&, formerly branded as Etisalat, is a UAE state-owned telecommunications company. It is the 16th largest mobile network operator in the world by number of subscribers. On 31 December 2021, Etisalat reported consolidated revenue of AED 53.3 billion and net profits of AED 11.1 billion. [2] The total market capitalization of the company currently ...
The current standard VAT rate in the country is 5%. [2][3] In January 2022, the UAE Ministry of Finance announced the implementation of a federal corporate tax starting June 2023. [4] The standard rate of corporate tax is 9%, some exempt businesses and those with net annual profits under AED375,000 (US$102,100) qualify for a rate of 0%, and ...
UAE: EMIRATES: 1985 Dubai International Airport: Largest airline in the Middle East. Etihad Airways: EY: ETD: ETIHAD: 2003 Abu Dhabi International Airport: Second largest airline in the United Arab Emirates. Flydubai: FZ: FDB: SKY DUBAI: 2008 Dubai International Airport: Low-cost carrier of Dubai. Wizz Air Abu Dhabi: 5W: WAZ: WIZZ SKY: 2019 Abu ...