UAE market value surpasses one trillion amid royal family dominance

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.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings