Abu Dhabi – Mubasher: The assets of Emirati corporations listed on the cash marketplaces greater by about 10%, or the equal of 425.7 billion dirhams, in the course of the 1st 6 months of this yr.
The property of these companies amplified to 4.734 trillion dirhams at the close of last June, in comparison to about 4.308 trillion dirhams at the finish of December previous yr, according to the Emirati information agency, WAM.
And 74 corporations listed on the Abu Dhabi Securities Exchange obtained the biggest share of the total assets of 59.8% to reach 2.831 trillion dirhams at the finish of previous June, an boost of 10%, as opposed to 2.574 trillion dirhams at the conclude. of December 2021, which implies an increase equal to 257.2 billion dirhams through the initial 6 months of the current yr.
And 44 providers stated on the Dubai Economical Marketplace accounted for 40.2% of the complete assets of the providers, achieving 1.902 trillion dirhams at the stop of past June, an increase of 9.7%, when compared to about 1.743 trillion dirhams at the stop of December. 2021, which signifies an increase of around 168.4 billion dirhams in the course of the initially 6 months of 2022.
The banking sector rose to prominence soon after 17 stated banks acquired 69% of the full property, with the property of mentioned banking companies reaching 3.273 trillion dirhams at the stop of very last June, when compared to about 3.139 trillion dirhams at the conclude. December 2021, an enhance of 4.3%, or 134.25 billion dirhams.
The belongings of two mentioned firms in the utilities sector amounted to about 355 billion dirhams at the end of previous June, compared to about 349 billion at the stop of December 2021, with an boost of 1.5 for each cent.
The belongings of 8 outlined serious estate corporations achieved 246 billion dirhams at the stop of final June, compared to 131 billion dirhams at the stop of December 2021, an increase of 87.4%.
The assets of 9 shown firms in the monetary and investment sector grew by AED 142.945 billion at the close of past 12 months to AED 216.215 billion at the stop of June 2022, an boost of 51.3%.
The assets of 3 detailed corporations in the telecommunications sector amplified by 6.7% from Dh 151.716 billion at the stop of last yr to Dh 161.939 billion at the end of June 2022.
The property of 28 shown insurance policy organizations amounted to 64.769 billion dirhams at the stop of final June, compared to approximately 61.839 billion dirhams at the finish of December very last calendar year 2021, an raise of 4.7%.
The assets of 3 listed corporations in the electricity sector rose to 44.333 billion dirhams at the conclude of final June, when compared to 42.127 billion dirhams at the end of December 2021.
“To start with Abu Dhabi” tops the list of most significant outlined providers in terms of property with 1,042 trillion dirhams, followed by “Emirates NBD” with belongings of 710.6 billion dirhams, then “Abu Dhabi Commercial” with 476, 09 billion dirhams and “Dubai Islamic” 282.2 billion dirhams and Mashreq Lender 188.6 billion dirhams.
To trade and invest in the Gulf stock exchanges, simply click right here
Suggestions:
Videographic .. How the UAE safeguards the legal rights of private sector workers
Infographic .. 10 reasons driving the development of the UAE economic system in 2022
Videographic .. How Dubai legalizes actual estate ads on electronic platforms
–