Very few countries across the globe can boast of the achievements that the UAE has to its credit in such a short span. A country that half a century ago was a barren desert built the world’s tallest building, the busiest airport and a host of other firsts.
The Gulf Arab country is also a preferred regional business hub, with over 90% of the companies that feature on the Forbes Global 2000 list basing their regional headquarters in the UAE. With infrastructure rivaling those from some of the most developed economies, it is also a hub for regional trade.
With its first UAE 100 ranking, Forbes Middle East recognizes 100 companies that have played a key role in making the country the thriving business center that it is today. In this issue, we ranked 50 private companies that are having an impact in the region.
Private businesses have contributed significantly to the economies, with reputed local families investing their time, capital and expertise to shape the country into what it is today. Expats too have built products, projects and brands that have contributed greatly to the UAE’s economy. While the founders of the companies may be from around the world, the companies themselves are truly Emirati.
As financial information is not available for private companies, we ranked the companies on publicly available information that includes but is not limited to the company websites, official social media platforms and other studies and documents. We ranked the companies on the basis of the number of employees in the company, number of countries that they operate in, the type of businesses as well as the number of sectors that they operate in and the age of the company and editorial points. Each criterion was assigned weights to evaluate the final score.