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More than 85% of the UAE's economy was based on oil exports in 2009. [2] [3] While Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification, Dubai, which has far smaller oil reserves, was bolder in its diversification policy. [4] In 2011, oil exports accounted for 77% of the UAE's state budget. [5]
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 .
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Lists of companies of the United Arab Emirates (7 P) A. Companies based in Abu Dhabi (5 C, 57 P) D. Companies based in Dubai (8 C, 140 P) F. Companies based in the ...
Chalhoub Group (Arabic: مجموعة شلهوب) is a privately held luxury goods retailer and distributor, headquartered in Dubai, UAE. The Chalhoub Group is the largest retail operator in the Middle East and a member of the International Association of Department Stores since 2023. The company has more than 14,000 employees in 14 countries. [3]
Juma Al Majid Holding Group is an Emirati [5] [6] [7] [1] [8] holding company [9] and business conglomerate headquartered in Dubai. [10] It was established in the year 1950. [11] [12] Juma Al Majid Group has 33 companies with 150 branches in the UAE and GCCin automotive, real estate development, contracting and construction services, FMCG, distribution, travel, retail, hospitality and tourism.
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