More than a hundred public joint stock companies worked in the UAE in 2009

According to the UAE Ministry of Economy, the total number of public joint stock companies in the country as of December 31, 2009 reached 131.

The total authorized capital of these companies amounted to AER 125.537 billion (US $ 34.2 billion), paid-up share capital - AED 116.471 billion (US $ 31.8 billion). These companies operate in sectors such as finance, investment, after-sales service, trade, industry, real estate, electricity generation, water and energy.

Statistics showed that out of 131 companies, 69 are in Abu Dhabi, and their total paid-up share capital is 18.912 billion dirhams (US $ 5.1 billion). At the same time, 8 of these companies work in the financial sector, 25 in the investment sector, 12 provide after-sales services, 3 are engaged in trade and industry, 11 in real estate, 10 in the field of water resources and energy supply.

Another 47 companies with a total paid-up share capital of AER 96.81 billion (US $ 26.4 billion) are based in Dubai. At the same time, 11 of them carry out their activities in the financial sector, 17 - in the investment, 6 - in after-sales service, 4 - in trade and industry, 8 - in real estate, 1 - in the field of water resources and energy supply. Seven companies operate in Sharjah, and their total paid-up share capital is 1.39 billion dirhams (US $ 379 million).

One real estate company is located in Ajman, and its share capital is 35 million dirhams (US $ 9.5 million). There are three companies in Ras Al Khaimah with a total share capital of AED 14 million (US $ 3.8 million), four companies operate in Fujairah with a total capital of AED 39 million (US $ 10.6 million).

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