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Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Aramco, IHC among biggest companies in Middle East

  • High representation of these sectors is due to the region's rich oil and gas reserves and its growing population and economies.
  • The Middle East is also home to a number of other significant industries, such as tourism, healthcare, and education.

Dubai, UAE — Energy, banking and financial services, and industrial sectors are well-represented among the biggest companies in the Middle East.

This is likely due to a number of factors, including the region’s rich oil and gas reserves, its growing population and economies, and its strategic location at the crossroads of Europe, Asia, and Africa.

The Middle East is also home to a number of other significant industries, such as tourism, healthcare, and education. However, these industries are typically represented by smaller companies.

TRENDS takes a look at some of the biggest companies in the region by market cap: