20. Emaar Properties

Country: U.A.E.
Sector: Real Estate & Construction
Founder and Managing Director: Mohamed Alabbar
Market Value: $19.6 billion
Sales: $7.3 billion
Profits: $4 billion
Assets: $38 billion

Emaar Properties is among the largest real estate development companies in the Middle East, with a landbank of 1.8 billion square feet in the U.A.E, Saudi Arabia, Egypt, India, Pakistan, and Türkiye. In 2023, Emaar completed the sale of its online fashion retail platform Namshi to Noon for $335.2 million. Emaar’s revenue backlog from property sales was worth $21.3 billion as of March 2024, achieving growth of 9% compared to December 2023.