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COMPANIES NITED IRATES
From energy to aviation , logistics to banking , these ten UAE companies are not just the largest by revenue – they are among the most innovative and active on sustainability
WRITTEN BY : KATE BIRCH
When it comes to economic growth , the United Arab Emirates performed strongly in 2023 – driven by robust domestic activity , business-friendly reforms , and the country ’ s safe-haven status , which continues to attract foreign inflows of capital and labour .
According to the IMF , hydrocarbon GDP growth slowed in 2023 , but it is expected to accelerate this year , while non-oil GDP growth is expected to exceed 4 % in 2024 – driven by tourism , construction , and real estate related developments .
Among the companies contributing to GDP growth , these ten businesses are delivering higher revenues on the back of smart acquisitions , diversification , innovation and investment in emerging technologies and sustainable initiatives . businesschief . ae 29