UAE telecommunications giant Etisalat has topped Arabian Business's countdown of the Gulf state's largest listed companies.
With a market capitalisation of AED71.78bn (US$19.54bn) at the start of 2013, the firm beat lender National Bank of Abu Dhabi and port operator DP World to come first in the rankings.
The countdown indexes UAE-based firms listed on the Dubai Financial Market, NASDAQ Dubai and Abu Dhabi Securities Exchange bourses.
This latest list was heavily dominated by banks and construction firms, with six of the top ten firms operating in these sectors.
* All rankings based on companies' market capitalisation on January 2 2012