By ITP
REVEALED: The UAE’s 30 most profitable companies
Arabian Business reveals the UAE firms that posted the largest profits in 2011
29. Dubai Investments
nSector: Finance
n2011 profit: US$55m
28. Orient Insurance
nSector: Finance
n2011 profit: US$56m
27. Aramex
nSector: Logistics
n2011 profit: US$58m
26. Drake & Scull International
nSector: Construction
n2011 profit: US$60m
25. Abu Dhabi Aviation
nSector: Transport
n2011 profit:
24. Bank of Sharjah
nSector: Banking
n2011 profit: US$69m
23. Abu Dhabi National Hotels
nSector: Hospitality
n2011 profit: US$72m
22. Air Arabia
nSector: Transport
n2011 profit: US$74.6m
21. National Bank of Fujairah
nSector: Banking
n2011 profit: US$77m
20. Invest Bank
nSector: Banking
n2011 profit: US$86m
19. National Bank of Umm Al Qawain
nSector: Banking
n2011 profit: US$87m
18. United Arab Bank
nSector: Banking
n2011 profit: US$90m
17. Sorouh
nSector: Real estate
n2011 profit: US$104m
16. Dana Gas
nSector: Energy
n2011 profit: US$138m
15. Aldar
nSector: Real estate
n2011 profit: US$175m
14. TAQA
nSector: Energy
n2011 profit: US$205m
13. Mashreq
nSector: Banking
n2011 profit: US$223m
12. Commercial Bank of Dubai
nSector: Banking
n2011 profit: US$224m
11. Dubai Islamic Bank
nSector: Banking
n2011 profit: US$275m
10. Abu Dhabi Islamic Bank
nSector: Banking
n2011 profit: US$315m
9. RAK Bank
nSector: Banking
n2011 profit: US$328m
8. Union National Bank
nSector: Banking
n2011 profit: US$409m
7. Emaar
nSector: Real estate
n2011 profit: US$489m
6. Emirates NBD
nSector: Banking
n2011 profit: US$689m
5. Abu Dhabi Commercial Bank
nSector: Banking
n2011 profit: US$824m
4. First Gulf Bank
nSector: Banking
n2011 profit: US$1.01bn
3. National Bank of Abu Dhabi
nSector: Banking
n2011 profit: US$1.01bn
2. DP World
nSector: Shipping
n2011 profit: US$1.48bnnn* 2011 financial results were not available at the time of publication, so profit is extrapolated from 1H11.
1. Etisalat
nSector: Telecoms
n2011 profit: US$1.59bn