The companies were evaluated based on their market values and financial performance according to the study obtained from Bloomberg; which mandated that the companies and organizations should be listed on the Dubai Financial Market, Abu Dhabi market for goods and securities or Nasdaq Dubai.
“Etisalat” recognized first among the top 50 companies after the announcement of its 2011 results on a net profit before deducting government royalty fess – AED 11.6 Billion. It is to be mentioned that the company has witnessed 22% increase in subscriber base in17 countries to reach 167 million active subscribers across the Middle East, Asia and Africa. The company offers 2 million job opportunities and has a full time staff of 53,000 employees.