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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 .
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]
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.
Inspired by their passion for reading, the Al Rostamani brothers opened Dubai's first bookshop, Al Ahliya Library, in 1954, importing much-sought-after books from Egypt, Syria, and Lebanon by Gulf Air through Bahrain. Currently, the AW Rostamani Group is a conglomerate of 14 diversified companies. [5] AW Rostamani Bookstore
In December 2018, group founder Majid Al Futtaim was conferred the Royal Commendation Order by the Sultan of Oman, Qaboos bin Said al Said. [16] [17] In December 2021, Majid Al Futtaim died in Dubai. [18] In September 2022, the company was listed by Forbes in the Middle East's Top 100 Arab Family Businesses, ranking sixth. [19]
Fatima Obaid Al Jaber (Arabic: فاطمة عبيد الجابر) (born 1965) is the chief operating officer of the United Arab Emirates-based Al Jaber Group. The conglomerate was established by her father, Obaid Al Jaber. Prior to her appointment as COO, she held a career in the Abu Dhabi Municipality public works
Fatima bint Mubarak Al Ketbi married Sheikh Zayed Al Nahyan when he was the ruler of the Eastern region in 1960. [1] [12] Sheikh Zayed met her in a mosque. [13] They moved to Abu Dhabi when Sheikh Zayed became the ruler in August 1966. She was his most influential and favorite spouse because of her influential personality. [14]