Capital Value Of SCA-registered Companies In 2017 Totals AED410.36 Billion
Fahad Shabbir (@FahadShabbir) Published June 24, 2018 | 08:30 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 24th Jun, 2018) The capital value of local public shareholding companies registered at the Securities and Commodities Authority, SCA, reached AED410.36 billion at the end of 2017, according to the SCA’s latest statistics.
In 2017, the SCA registered five public shareholding companies, including two public companies and three private companies, with their total capital value reaching AED74.4 billion.
Abu Dhabi led, in terms of the total capital value of SCA-registered companies, which was AED256.2 billion, followed by Dubai with some AED116.4 billion and Sharjah with AED21.5 billion.
This figure reached AED1.71 billion for Ajman, AED2.2 billion for Umm Al Qaiwain, AED10.34 billion for Ras al-Khaimah, and AED1.9 billion for Fujairah.
Abu Dhabi also led in terms of types of company ownership, with the total capital value of public companies in the emirate reaching AED187.
8 billion, while private companies registered a total value of AED68.4. Dubai came in second place, with some AED116.4 billion and AED50 billion, respectively.
Fujairah registered figures of AED10 billion for public companies and AED1.96 billion for private companies, while the other emirates did not have any public companies registered at the SCA.
The number of companies registered at the SCA from 2001 to the end of 2017 reached 161, which includes 122 Emirati companies, while the total number of Kuwaiti companies reached 22, followed by companies from Bahrain with six, and Jordan and Sudan, with three each. The remaining registered companies are distributed between other Arab countries.
Recent Stories
Tennis: ATP Barcelona Open results - 1st update
Swiatek's perfect 10 in Stuttgart as Vondrousova stuns Sabalenka
Arandu's roads closed due to flooding
Oil tanker catches fire in Islamabad’s Blue Area
Pakistan committed to ensure safety of foreign nationals: FO
Tennis: WTA Stuttgart results - 1st update
Four passengers injured as train hit an empty vehicle
Over- speeding bus crushed to death two bike riders
Turkey's Freedom Flotilla ready to set sail for Gaza
French teen dies from heart failure after knife attack near school
Iranians appear unfazed by Isfahan blasts
UAF celebrates Int'l Chinese Language Day
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago