UAE’s 10 Most Valuable Listed Companies in 2026

The UAE continues to show its strong place in business and investment across the Middle East. In 2026, the country had 35 companies on the MENA region’s 100 Most Valuable Companies list. The top 10 listed companies in the UAE had a combined market value of $692.3 billion. Investment, banking, energy, telecom, utilities, and real estate companies all played a big role in this success.

International Holding Company (IHC)

Sector: Investments
Market value: $238.6 billion
CEO & Managing Director: Syed Basar Shueb

IHC is the most valuable listed company in the UAE in 2026. It is one of the region’s biggest investment groups and has businesses in healthcare, real estate, finance, technology, and asset management. In November 2025, IHC brought together 2PointZero, Multiply Group, and Ghitha Holding into one large investment group with more than $36.5 billion in assets. In 2025, it also launched RIQ, a global reinsurance platform based in ADGM, with BlackRock and Lunate. The company reported revenue of $30.3 billion in 2025 and total assets of $116.7 billion.

TAQA Group

Sector: Energy
Market value: $87.9 billion
Group CEO & Managing Director: Jasim Husain Thabet

TAQA Group ranked second among the UAE’s most valuable listed companies in 2026. The company works in power generation, water desalination, and hydrocarbons. In December 2025, TAQA reached financial close for a 24-year power purchase agreement with EWEC to develop the Al Dhafra 1 GW Power Plant project in the UAE. In January 2026, ADNOC and TAQA signed a 27-year utilities purchase agreement to support the TA’ZIZ Industrial Chemicals Zone. In 2025, TAQA also expanded its water business by buying GS Inima for $1.2 billion. The group reported $11.6 billion in revenue and $59.9 billion in total assets in the first nine months of 2025.

ADNOC Gas

Sector: Energy
Market value: $75.4 billion
CEO: Fatema Al Nuaimi

ADNOC Gas took third place on the list. The company supplies around 60% of the UAE’s gas needs and exports to more than 20 countries. It has access to around 10 billion standard cubic feet of gas per day and 29 million tonnes per year of liquids capacity. In November 2025, ADNOC Gas signed a $4 billion, 20-year lower-carbon natural gas supply deal with EMSTEEL. In January 2026, it signed a $3 billion, 10-year LNG agreement with Hindustan Petroleum Corporation Limited. In 2025, the company generated $23.5 billion in revenue and nearly $5.2 billion in net income.

First Abu Dhabi Bank (FAB)

Sector: Banks & Financial Services
Market value: $56 billion
Group CEO: Hana Al Rostamani

First Abu Dhabi Bank ranked fourth in the UAE in 2026. The bank operates in more than 20 markets, has over 140 branches around the world, and serves more than four million customers. In 2025, FAB’s net profit rose by 24% to $5.8 billion, while total assets reached $382.3 billion. In November 2025, the bank issued a $1 billion Additional Tier 1 perpetual non-call six-year instrument. In May 2025, it renewed its partnership with the UAE Ministry of Industry and Advanced Technology, raising its industrial financing commitment to $2.7 billion since June 2023.

Emirates NBD Group

Sector: Banks & Financial Services
Market value: $53.5 billion
Group CEO: Shayne Nelson

Emirates NBD came in fifth on the list. It is one of the biggest banking groups in the MENAT region, with more than 787 branches across 13 countries and nearly 10 million active customers. In 2025, its total assets rose by 16.8% to $317.1 billion. In October 2025, Emirates NBD signed an agreement to acquire a controlling stake in India’s RBL Bank through a capital infusion of around $3 billion. In January 2026, the group issued its first dual-tranche $1 billion sustainable bond under its Euro Medium Term Note Programme.

e&

Sector: Telecommunications
Market value: $46.7 billion
Group CEO: Masood M Sharif Mahmood

e& ranked sixth among the UAE’s top listed companies. The telecom group operates in 38 countries across the Middle East, Africa, Asia, and Europe, with a total subscriber base of 244.7 million. In 2025, revenue rose 23.1% to $19.9 billion, while net profit increased 34% to $3.9 billion. The Emirates Investment Authority owns a 60% stake in e&. In March 2025, the group sold its 40% stake in Khazna for $2.2 billion, making a pre-tax capital gain of $1.4 billion.

Dubai Electricity and Water Authority (DEWA)

Sector: Utilities
Market value: $41.1 billion
Vice Chairman, Managing Director & CEO: Saeed Al Tayer

DEWA ranked seventh in the UAE in 2026. It is the only electricity and water provider in Dubai. The company has nearly 18 GW of electricity capacity, including 3.86 GW from clean energy, and a desalination capacity of around 495 million imperial gallons per day. DEWA serves more than 1.3 million customer accounts. In 2025, it reported $9 billion in revenue and $2.5 billion in net profit. Established in 1992, DEWA is 82% owned by Dubai Investment Fund and holds an 80% stake in Empower.

Emaar Properties

Sector: Real Estate & Construction
Market value: $36.1 billion
Founder & Managing Director: Mohamed Alabbar

Emaar Properties took eighth place on the list. The company is one of the UAE’s best-known real estate developers. Since 2002, it has delivered more than 125,600 residential units worldwide. It also manages 1.4 million square meters of income-generating leasing assets and 41 hotels and resorts with nearly 10,000 keys. In 2025, Emaar recorded $21.9 billion in property sales and $13.5 billion in revenue, with a backlog of $42.1 billion. In October 2025, it launched Dubai Mansions at Emaar Hills, a large luxury housing community.

Abu Dhabi Commercial Bank (ADCB)

Sector: Banks & Financial Services
Market value: $32.8 billion
Group CEO: Ala’a Eraiqat

ADCB ranked ninth among the UAE’s most valuable listed companies. The group was formed in 2020 after a merger between ADCB and Union National Bank, along with the acquisition of Al Hilal Bank. By December 2025, the bank had 95 branches across the UAE, Egypt, and Kazakhstan, serving more than 2.2 million customers in the UAE. In December 2025, ADCB completed a $1.7 billion rights issue, with funded commitments of more than $3.3 billion from local and international investors. In 2025, the bank reported total assets of $210.7 billion and net profit of $3.1 billion.

Alpha Dhabi Holding (ADH)

Sector: Investments
Market value: $24.3 billion
Managing Director & Group CEO: Hamad Al Ameri

Alpha Dhabi Holding completed the top 10 list in 2026. The company is a subsidiary of IHC and manages a portfolio of more than 250 companies. In 2025, it reported total assets of $58.4 billion and revenues of $21.5 billion. In November 2025, ADH increased its stake in NMDC Group by acquiring an additional 9.77% for $435.7 million, raising its total holding to 76.68%. In December 2025, Alpha Dhabi and Mubadala’s joint venture acquired a European Direct Lending Portfolio managed by Apollo, increasing assets under management to around $1.6 billion.

Why this list matters

This ranking shows how strong the UAE’s economy is. The banking and financial services sector had the highest number of companies in the top 10, with three entries worth a combined $142.2 billion. Energy and investment companies also had a strong presence. These numbers show that the UAE continues to grow as a major center for business, money, and investment in the region.

Methodology

This ranking is based on market capitalization data from Abu Dhabi Securities Exchange and Dubai Financial Market. Companies were ranked according to their closing share prices on January 31, 2026.