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ABU DHABI FIRMS LEAD WITH $70bn

Abu Dhabi led in terms of the total capital value
of SCA-registered companies

Capital value of UAE listed companies tops $111bn

ABU DHABI, June 25, 2018

The capital value of local public shareholding companies registered at the Securities and Commodities Authority (SCA) reached Dh410.36 billion ($111.7 billion) at the end of 2017, a media report said.

In 2017, the SCA registered five public shareholding companies, including two public companies and three private companies, with their total capital value reaching Dh74.4 billion, reported Emirates news agency Wam, citing the SCA’s latest statistics.

Abu Dhabi led, in terms of the total capital value of SCA-registered companies, which was Dh256.2 billion, followed by Dubai with some Dh116.4 billion and Sharjah with Dh21.5 billion.

This figure reached Dh1.71 billion for Ajman, Dh2.2 billion for Umm Al Qaiwain, Dh10.34 billion for Ras al-Khaimah, and Dh1.9 billion for Fujairah.

Abu Dhabi also led in terms of types of company ownership, with the total capital value of public companies in the emirate reaching Dh187.8 billion, while private companies registered a total value of Dh68.4. Dubai came in second place, with some Dh116.4 billion and Dh50 billion, respectively.

Fujairah registered figures of Dh10 billion for public companies and Dh1.96 billion for private companies, while the other emirates did not have any public companies registered at the SCA.

The number of companies registered at the SCA from 2001 to the end of 2017 reached 161, which includes 122 Emirati companies, while the total number of Kuwaiti companies reached 22, followed by companies from Bahrain with six, and Jordan and Sudan, with three each. The remaining registered companies are distributed between other Arab countries.




Tags: SCA | Shareholding | Public companies |

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