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Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf.. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
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.
More than 10,500 global companies are based in Jafza. [8] Jafza accounts for almost 32 per cent of total FDI (Foreign Direct Investment) flow into the country. The free zone contributes 21 per cent of Dubai's GDP on a yearly basis, and sustains the employment of more than 144,000 people in the United Arab Emirates.
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai. [6]
Investopia was launched in 2021 by Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister of the UAE and Ruler of Dubai, and Abdulla bin Touq Al Marri, the UAE's Minister of Economy as part of the Projects of the 50, a series of initiatives launched by the Government of UAE.
Orient: Founded by Al-Futtaim in 1982, Orient is the largest insurance company in the United Arab Emirates by financial capital, with up to 500 million AED (approx. 136.1 million USD). Headquartered in Dubai, it works with major clients in Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah, as well as Oman and Bahrain. [19]
In March 2022, Tiger Group launched its new project, the Cloud Tower, in Dubai, with investments valued at $109 million. In April 2022, the Group donated $1.6 million to support the #1BillionMeals initiative. [6] [7] In 2024, Tiger Group's real estate arm Tiger Properties announced Tiger Sky Tower, a billion dollar residential tower in Dubai.
Dubai Media Incorporated (DMI) is the official media organization of the government of Dubai.It was established in 2003 as a state-owned company comprising a number of print, radio and TV channels under its umbrella, including: Dubai TV, Al Bayan, Dubai One, Dubai Sports, Emirates 24/7, Tawseel and Masar Printing Press.