{"id":93091,"date":"2024-06-14T00:00:00","date_gmt":"2024-06-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/uae-leads-forbes-list-of-the-regions-top-100-listed-firms\/"},"modified":"2024-06-14T00:00:00","modified_gmt":"2024-06-14T00:00:00","slug":"uae-leads-forbes-list-of-the-regions-top-100-listed-firms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/06\/14\/uae-leads-forbes-list-of-the-regions-top-100-listed-firms\/","title":{"rendered":"UAE leads Forbes\u2019 list of the region\u2019s top 100 listed firms"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> #1- The UAE dominated <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/top-100-listed-companies-2024\/\" style=\"\" rel=\"noopener\">Forbes\u2019 top 100 listed companies<\/a><\/strong><strong> ranking this year, <\/strong>with 32 companies securing positions among the Middle East\u2019s top firms in terms of sales, assets, and profitability. This year\u2019s list welcomed four new Emirati entrants: <strong>Adnoc Gas<\/strong>, <strong>Borouge<\/strong>, <strong>PureHealth<\/strong>, and <strong>Adnoc Logistics &amp; Services<\/strong>. Abu Dhabi conglomerate <strong>International Holding Company<\/strong> (IHC) climbed two places from last year, securing the third spot on the list. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other Emirati firms that made the cut in the top 30: <\/strong><\/p>\n<ul>\n<li><strong>First Abu Dhabi Bank <\/strong>(FAB) ranked fifth; <\/li>\n<li><strong>Emirates NBD <\/strong>ranked sixth;<\/li>\n<li><strong>Taqa Group <\/strong>secured eighth position;<\/li>\n<li><strong>Adnoc Gas<\/strong>claimed the 12th spot;<\/li>\n<li><strong>e&amp; <\/strong>came in 13th place;<\/li>\n<li><strong>ADCB Group<\/strong> secured the 14th position;<\/li>\n<li><strong>Alpha Dhabi Holding<\/strong> ranked 15th;<\/li>\n<li><strong>Dubai Electricity and Water Authority<\/strong> came in 18th place;<\/li>\n<li><strong>Emaar Properties <\/strong>secured the 20th spot;<\/li>\n<li><strong>Dubai Islamic Bank<\/strong> (DIB) ranked 21st; <\/li>\n<li>Our friends at <strong>Mashreq <\/strong>secured the 23rd place;<\/li>\n<li><strong>Abu Dhabi Islamic Bank<\/strong> (ADIB) ranked 27th; <\/li>\n<li><strong>Aldar Properties <\/strong>was in 30th place.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">#2- The UAE was recognized for its efforts in promoting sustainable development,<\/strong><span style=\"background-color: transparent;\"> securing the first place in the economic category of the <\/span><a target=\"_blank\" href=\"https:\/\/sdgs.un.org\/SIDSPartnershipsAwards\" rel=\"noopener\">Small Island Developing States Partnerships Awards<\/a><span style=\"background-color: transparent;\"> for its UAE-Pacific Partnership Fund and UAE-Caribbean Renewable Energy Fund, according to a <\/span><a target=\"_blank\" href=\"https:\/\/www.mofa.gov.ae\/en\/mediahub\/news\/2024\/6\/8\/8-6--2024-uae-awards\" rel=\"noopener\">statement<\/a><span style=\"background-color: transparent;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the funds:<\/strong> Both established through partnerships between Abu Dhabi Fund for Development (ADFD) and Masdar, the <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/1284.pdf\" style=\"\" rel=\"noopener\">UAE-Pacific Partnership Fund (pdf)<\/a> was launched in 2013 with an investment of USD 50 mn from ADFD to develop solar and wind projects across Pacific Island nations, while the <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/899.pdf\" style=\"\" rel=\"noopener\">UAE-Caribbean Renewable Energy Fund (pdf)<\/a> was launched in 2017 with a USD 50 mn grant from ADFD to support renewable energy efforts across Caribbean Island countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Al Ansari Financial Services was recognized as the best financial institution IPO<\/strong> in the Europe, Middle East, and Africa region for 2023 by <a target=\"_blank\" href=\"https:\/\/www.emeafinance.com\/live\/\" style=\"\" rel=\"noopener\">EMEA Finance<\/a>, according to a company <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/1277.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The award came in recognition of strong investor demand surrounding its <a target=\"_blank\" href=\"https:\/\/alansariexchange.com\/news\/al-ansari-financial-services-successfully-completes-ipo-raising-aed-773-million-with-total-demand-for-the-shares-on-offer-surpassing-aed-12-7-billion\/\" style=\"\" rel=\"noopener\">IPO<\/a> in 2023, which raised AED 773 bn and drew AED 12.7 bn in orders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Abu Dhabi\u2019s<\/strong> <strong>Masdar City received the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/wiredscore.com\/\" style=\"\" rel=\"noopener\">WiredScore<\/a><\/strong><strong> Platinum and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/wiredscore.com\/certify-a-building\/smartscore\/\" style=\"\" rel=\"noopener\">SmartScore<\/a><\/strong><strong> gold <\/strong><strong>certifications <\/strong>for its upcoming developments, Masdar City Square and The Link, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b3lfzd7-masdar-citys-upcoming-developments-achieve\" style=\"\" rel=\"noopener\">Wam<\/a> reports. WiredScore and SmartScore are global benchmarks that assess and certify digital connectivity and smart technology in homes and buildings, according to the WiredScore website.<\/p>\n<p class=\"tag-border-left\"> MORE KUDOS-<\/p>\n<ul>\n<li><strong>AD Ports\u2019 <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adports.ae\/ports-terminals\/commercial-ports\/sila-port\/\" style=\"\" rel=\"noopener\">Sila<\/a><\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adports.ae\/ports-terminals\/community-ports\/mirfa-port\/\" style=\"\" rel=\"noopener\">Mirfa<\/a><\/strong><strong> harbors<\/strong> received the <strong>5 Gold Anchors award <\/strong>for \u201coperational excellence\u201d from <a target=\"_blank\" href=\"https:\/\/www.tyha.co.uk\/\" style=\"\" rel=\"noopener\">The Yacht Harbour Association<\/a>. (<a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/06\/13\/sila-and-mirfa-community-harbours-achieve-prestigious-5-gold-anchors\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>The Roads and Transport Authority (RTA) handed Abu Dhabi\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/admobility.gov.ae\/en\/home\" style=\"\" rel=\"noopener\">Integrated<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/admobility.gov.ae\/en\/home\" style=\"\" rel=\"noopener\">Transport Centre<\/a><\/strong><strong> an award <\/strong>for its efforts in boosting traffic safety for delivery motorbikes and another for its autonomous mobility project, Leading the Way. (<a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/ahmed-bin-mohammed-honours-winners-of-13th-dubai-award-for-sustainable-transport\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Al Ansari Financial Services was recognized as the best financial institution IPO<\/p>\n","protected":false},"author":1,"featured_media":93092,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1602],"tags":[7,1144,676,171,5],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kudos","tag-enterpriseam-uae","tag-forbes","tag-kudos","tag-masdar","tag-roads-and-transport-authority","wpautop","entry"],"acf":{"mongo_id":"004b544a-eda5-4629-a0b4-6d1d2f24e8fe","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/1303.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE leads Forbes\u2019 list of the region\u2019s top 100 listed firms  + bags two awards for its sustainability projects","related_issue":[93073],"teaser":"Al Ansari Financial Services was recognized as the best financial institution IPO","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.8d65eeb2-4786-40a0-b4a3-7dc1e7695552.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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