As the UAE diversifies its economy beyond oil, opportunities may arise for Abu Dhabi-based investors to align with this national growth. This basket contains US and EU-listed companies that are key players in the UAE’s expanding non-oil sectors, such as finance, technology, and logistics.
Published on November 24
These companies are directly supporting the UAE's Vision 2071 diversification strategy. As Abu Dhabi invests billions in non-oil sectors, these global leaders are positioned to benefit from this massive economic transformation.
From data centres to logistics hubs, these firms are building the critical infrastructure that will power the UAE's digital and trade economy for decades to come. They're not just investing in the region - they're essential to its growth.
The UAE's position as a global trade and financial hub creates unique opportunities for these companies. Their regional operations serve not just the UAE, but the entire Middle East and beyond, amplifying their growth potential.
As the UAE accelerates its economic diversification beyond oil, this basket focuses on global corporations that are integral to this national transformation. These companies are essential enablers of growth, building critical digital infrastructure, managing complex supply chains, and facilitating international capital flows needed for ambitious projects.
This selection represents US and EU-listed leaders in technology, logistics, and finance with substantial operations in the UAE region. These firms are not just participants but foundational players in the country's expanding role in the global economy, offering exposure to key non-oil sectors through established global markets.
Each company was handpicked for their deep integration into the UAE's economic strategy. From Microsoft's Azure data centres in Abu Dhabi to Goldman Sachs' licensed operations in ADGM, these firms have significant operational footprints that position them to grow alongside the UAE's diversification efforts.
The basket's total market capitalisation is 4,613,709.59 and it is heavily anchored by a single very large holding representing roughly three-quarters of the total. This concentration indicates large-cap dominance and generally suggests lower volatility with broad-market exposure.
MSFT: $3.51T
GS: $232.15B
BLK: $157.43B
Get the full story on this Basket. Read our detailed article on its risks and potential.
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Here are a few of the assets in this group. Create an account to unlock the full list.
MICROSOFT CORP
MSFT
Current Price
$496.07
Microsoft supports the UAE's digital transformation through its major Azure cloud data center regions in both Abu Dhabi and Dubai, providing critical ...
Microsoft supports the UAE's digital transformation through its major Azure cloud data center regions in both Abu Dhabi and Dubai, providing critical digital infrastructure for the non-oil economy.
GS
GS
Current Price
$1,029.18
Goldman Sachs is deeply integrated into the UAE financial system, maintaining licensed offices and providing investment banking services within both t...
Goldman Sachs is deeply integrated into the UAE financial system, maintaining licensed offices and providing investment banking services within both the Dubai International Financial Centre and Abu Dhabi Global Market.
BLACKROCK INC
BLK
Current Price
$1,079.65
BlackRock engages with the UAE's sovereign wealth funds and institutional clients through its established and licensed operational office located with...
BlackRock engages with the UAE's sovereign wealth funds and institutional clients through its established and licensed operational office located within the Abu Dhabi Global Market (ADGM) financial free zone.
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Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.
If you invested across these assets:
In 12 months it might be worth:
+5.71%
On average, analysts expect assets in this group to grow 5.71% over the next year.
6 of 8 assets in this group are rated Buy by professional analysts.
