Economy Politics Country 2026-04-15T22:06:23+00:00

Emirati Companies Dominate 'Growth Leaders in the Gulf 2026' Ranking

Emirati firms secured 67 spots in the Gulf's top 250 fastest-growing companies list by Time and Statista, showcasing the strength and diversity of the national economy fueled by sovereign funds and major deals.


Emirati Companies Dominate 'Growth Leaders in the Gulf 2026' Ranking

Emirati companies dominate the 'Growth Leaders in the Gulf 2026' ranking, published by Time magazine in collaboration with Statista. They hold 67 spots in the list of the 250 fastest-growing companies in the region, reflecting the strength and diversity of the national economy, bolstered by significant investment momentum from sovereign funds and major business deals. The ranking shows a clear dominance in the financial and banking sectors, followed by insurance, healthcare, and real estate. Topping the list is Global Holding, which achieved exceptional revenue growth from AED 7.047 billion in 2020 to AED 92.658 billion in 2024. Over the same period, its share price rose from AED 29 to AED 405, indicating its major expansion across multiple sectors including energy, real estate, and healthcare. The ranking also includes its subsidiaries, such as Multiplex at 46th place and Alpha Dhabi Holding at 78th. The report noted that approximately 45% of the companies listed have direct or indirect ties to governments, sovereign funds, or ruling families, reflecting the nature of the regional economy. In the real estate sector, Rak Properties ranked 6th, setting record sales and launching luxury projects, while Emaar Properties came in 9th, driven by strong demand for luxury residential units. This strong Emirati presence in the ranking highlights the diversity of the national economy and the accelerated growth of companies across various sectors, supported by substantial investments and supportive economic policies, reinforcing the country's position as a regional and global economic hub.