Saudi Arabia, with a 9.5 percent spike in market value in the quarter, was the second in the league in terms of expansion
market value
Latest in market value
Apple
Apple, ExxonMobil extreme stock play exemplify 2022 market swings
The iPhone maker suffered its biggest market cap loss last year, still remaining in the $2 trillion club though
Abu Dhabi stocks
IHC becomes UAE’s most valuable company after unit lists
Share surge sees company’s market capitalisation hit $55bn, surpassing Emirates Telecommunications Group
Automakers
Video: The rise of Ferrari
In May 2020, Italian supercar maker Ferrari soared to a $30 billion market value, beating the top three major US automakers. Compared to GM, Ford, and Fiat-Chrysler, Ferrari is a small carmaker known for limiting production and only makes about 10,000 units per year.
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healthcare provider
Abu Dhabi’s NMC Health joins the $10bn club
NMC Health is now one of 24 equities in the region with a market cap above $10 billion