Forbes Top 10 Middle East Listed Companies for 2022
We've gathered the top 10 companies in the Middle East based on Forbes Middle East Top 100 Companies for 2022. The list was based on data gathered by Forbes from listed stock exchanges in the Arab world and evaluated companies based on sales, profits, assets, and market value
1 | Saudi Aramco
Country: Saudi Arabia
Sector: Energy
Market value: $2.3 trillion
Sales: $400.5 billion
Profits: $110 billion
Assets: $576.7 billion
2 | SABIC
Country: Saudi Arabia
Sector: Industrials
Market value: $100.5 billion
Sales: $46.6 billion
Profits: $8.1 billion
Assets: $84.9 billion
3 | QNB Group
Country: Qatar
Sector: Banks & Financial Services
Market value: $59.1 billion
Sales: $14 billion
Profits: $3.6 billion
Assets: $300.3 billion
4 | Saudi National Bank (SNB)
Country: Saudi Arabia
Sector: Banks & Financial Services
Market value: $87.3 billion
Sales: $8.6 billion
Profits: $3.4 billion
Assets: $243.8 billion
5 | Al Rajhi Bank
Country: Saudi Arabia
Sector: Banks & Financial Services
Market value: $119.9 billion
Sales: $7.1 billion
Profits: $3.9 billion
Assets: $166.3 billion
6 | First Abu Dhabi Bank (FAB)
Country: U.A.E.
Sector: Banks & Financial Services
Market value: $68.8 billion
Sales: $8.2 billion
Profits: $3.4 billion
Assets: $272.4 billion
7 | Saudi Electricity (SEC)
Country: Saudi Arabia
Sector: Utilities
Market value: $29.8 billion
Sales: $18.5 billion
Profits: $3.8 billion
Assets: $126.6 billion
8 | Emirates NBD
Country: U.A.E.
Sector: Banks & Financial Services
Market value: $25.8 billion
Sales: $9.8 billion
Profits: $2.5 billion
Assets: $187.2 billion
9 | e&
Country: U.A.E.
Sector: Telecommunications
Market value: $83.1 billionSales: $14.5 billion
Profits: $3 billionAssets: $34.9 billion
10 | TAQA Group
Country: U.A.E.
Sector: Utilities
Market value: $41 billion
Sales: $12.4 billion
Profits: $1.6 billion
Assets: $49.1 billion
10 | Saudi Telecom Company (stc)
Country: Saudi Arabia
Sector: Telecommunications
Market value: $60.8 billion
Sales: $16.9 billion
Profits: $3.1 billion
Assets: $34.1 billion
This article was previously published on UAE Moments.To see the original article, click here