The Middle East's

Top 100 Listed
Companies 2022

15. ADCB Group

Country: U.A.E.

Sector: Banks & financial services

Group CEO: Ala'a Eraiqat

Market Value: $19.2 billion

Sales: $4 billion

Profits: $1.4 billion

Assets: $119.9 billion

The ADCB Group was formed in 2020 by the merger of the Abu Dhabi Commercial Bank and the Union National Bank and the acquisition of the Al Hilal Bank. Today, it has over 54 branches across the U.A.E. It signed a strategic partnership with the Abu Dhabi Residents Office in February 2022 to launch a new banking proposition for U.A.E. Golden Visas customers. And in April 2022, it announced an agreement with UAE Trade Connect to use the blockchain platform to help de-risk trade finance.