The stock market in the United Arab Emirates has experienced significant growth, surpassing a valuation of $1 trillion. This growth highlights the influence of the ruling family, particularly through companies associated with Sheikh Tahnoon bin Zayed Al Nahyan, who holds positions as one of Abu Dhabi"s deputy rulers and the national security adviser of the UAE.
These companies currently make up at least two-thirds of the weighting on Abu Dhabi"s benchmark index, indicating a concentration of market power within the royal family. Investors in this market should consider the implications of this dominance when evaluating opportunities in the rapidly expanding financial landscape of the UAE.