Public firms in UAE at 131

The number of public shareholding companies in the UAE totalled 131 with an authorised capital of Dh125.537 billion and paid up capital of Dh116.471bn as of December 31, 2009, according to statistics issued by the Ministry of Economy.

The companies cover finance, investment, services, trade, industry, real estate, electricity, water and energy sectors. The statistics show there are 69 companies in Abu Dhabi with a paid-up capital of Dh18.912bn, including eight companies in finance sector, 25 in investment, 12 in services, three in trade and industry, 11 in real estate and 10 in water, electricity and energy sectors.

There are Dubai-based 47 companies with a paid-up capital of Dh96.81 billion. Of these 11 companies are in finance sector, 17 in investment, six in services, four in trade and industry, eight in real estate and one company in water, electricity and water sector.

There are seven Sharjah- based firms with a paid-up capital of Dh1.390bn.

Ajman has one company in real estate sector with a paid-up capital of Dh35m.

Ras Al Khaimah has three companies with a paid-up capital of Dh14 million. Fujairah has four companies with a paid-up capital of Dh39 million.

Humaid bin Butti Al Muhairi, Executive Director of MoE's Commercial Affairs, said the ministry is keen to provide statistics, reports and information related to UAE's all economic sectors.

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