UAE listed companies report strong profit growth in 2019


The 126 Emirati and foreign firms listed on the Abu Dhabi Securities Exchange and Dubai Financial Market showed a AED 78.52 billion profit last year.

That translates into a 7.7 percent growth year on year. 

The UAE banking sector continues to lead other business segments with a net profit of AED 46.47 billion, up 11.6 percent  from AED 41.63 billion the year before. 

The real estate sector was in second place with AED 12.7 billion followed by the telecommunication companies which reported AED 10.43 billion in profit.

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 11:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.


On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.


    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!