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11/18/24, 5:13 PM UAE's stock exchange touches $1 trillion market capitalisation for the first time
investments, and stands at a market cap of close to $250 billion, a fourth of the
total value of UAE’s listed equities.
Shares of IHC have risen nearly 42,000% since 2019, making it the second-most
valued company in the entire Gulf region, after Saudi Aramco. As per the Abu
Dhabi Stock Exchange, IHC is 88% owned by UAE nationals, and controlled by
the UAE royals.
https://www.moneycontrol.com/news/business/markets/uaes-stock-exchange-touches-1-trillion-market-capitalisation-for-the-first-time-12868991.html 3/3
