The Middle East’s
Top 100 Listed
Companies 2022
![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2022/05/30173945/8-ENBD-Shayne-Nelson-Group.jpg)
8. Emirates NBD
Country: U.A.E.
Sector: Banks & financial services
Group CEO: Shayne Nelson
Market Value: $25.8 billion
Sales: $9.8 billion
Profits: $2.5 billion
Assets: $187.2 billion
Emirates NBD was created by a merger between EBI and NBD. It operates in the Middle East, North Africa, and Turkey (MENAT) region and its international operations contributed 38% of total income in 2021. In 2021, the company’s net profit hit $2.5 billion, an increase of 34% compared to 2020. In 2021, Emirates NBD signed an agreement with Masdar to structure and help manage the first sustainable real estate investment trust (REIT) in the U.A.E., worth $258.4 million.