Forbes.com includes 11 UAE companies in the lists of World's biggest companies

The emerging developments in UAE have made it to the list of Forbes.Com Magazine's " World's Biggest Companies. From third world countries, UAE is now known of its rising developments. From among the 11 UAE companies, Emaar Properties, that ranks 726th on the list, leads the UAE companies.




Other companies are National Bank of Abu Dhabi (910), Abu Dhabi Commercial Bank (1,025), Dubai Islamic Bank (1,055), Mashreq (1,069), First Gulf Bank (1,197), DP World (1,225), Dubai Financial Market (1,387), Union
National Bank (1,607) and Aldar Properties (1,730).

HSBC Holdings leads this year’s global 2,000 in size, moving past Citigroup, which is now ranked 24.Forbes magazine has compiled the rankings on the basis of a composite score of sales, profit, assets and market capitalisation.

HSBC is followed by industrial conglomerate General Electric, Bank of America, JPMorgan Chase and ExxonMobil, all four from the US.

According to Forbes, the Global 2000 companies have combined revenues of $30 trillion (Dh110.1trn), $2.4trn of profit, $119trn in assets and $39trn in market capitalisation.

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