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Saturday, March 05, 2016

2015 TOP 50 COMPANIES IN THE MIDDLE EAST

Other than the top one, SABIC which is a petrochemical company the Forbes Middle East  top companies are dominated by banks, telecom and construction companies, the top 50 companies in the Arab World according to Forbes Middle East
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Here are the top 10 and succeeding top 50 companies.
#1 
SABIC
COUNTRY: KSA
SECTOR: Petrochemicals
MARKET VALUE: $64 B
TOTAL REVENUES: $50.4 B
NET PROFITS: $6.2 B
TOTAL ASSETS: $90.9 B

#2
QNB
COUNTRY: Qatar
SECTOR: Banking & Financial Services
MARKET VALUE: $36.7 B
TOTAL REVENUES: $6.1 B
NET PROFITS: $2.9 B
TOTAL ASSETS: $133.6 B

#3
ETISALAT
COUNTRY: UAE
SECTOR: Telecommunications
MARKET VALUE: $26.6 B
TOTAL REVENUES: $13.3 B
NET PROFITS: $2.4 B
TOTAL ASSETS: $33.1 B

#4
SAUDI TELECOM
COUNTRY: KSA
SECTOR: Telecommunications
MARKET VALUE: $32.8 B
TOTAL REVENUES: $12.3 B
NET PROFITS: $2.9 B
TOTAL ASSETS: $24.2 B

#5
SAUDI ELECTRICITY
COUNTRY: KSA
SECTOR: Utilities & Services
MARKET VALUE: $18.8 B
TOTAL REVENUES: $10.3 B
NET PROFITS: $963 M
TOTAL ASSETS: $84.7 B

#6
NATIONAL COMMERCIAL BANK 
(AL AHLI BANK)
COUNTRY: KSA
SECTOR: Banking & Financial Services
MARKET VALUE: $31.9 B
TOTAL REVENUES: $5 B
NET PROFITS: $2.3 B
TOTAL ASSETS: $115.9 B

#7
AL RAJHI BANK
COUNTRY: KSA
SECTOR: Banking & Financial Services
MARKET VALUE: $24.5 B
TOTAL REVENUES: $3.7 B
NET PROFITS: $1.8 B
TOTAL ASSETS: $82 B

#8
NATIONAL BANK OF ABU DHABI
COUNTRY: UAE
SECTOR: Banking & Financial Services
MARKET VALUE: $17 B
TOTAL REVENUES: $3.6 B
NET PROFITS: $1.5 B
TOTAL ASSETS: $102.4 B

#9
EMIRATES NBD
COUNTRY: UAE
SECTOR: Banking & Financial Services
MARKET VALUE:$13.6 B
TOTAL REVENUES: $4.7 B
NET PROFITS:$1.3 B
TOTAL ASSETS:$98.8 B

#10
FIRST GULF BANK (FGB)
COUNTRY: UAE
SECTOR: Banking & Financial Services
MARKET VALUE: $18.3 B
TOTAL REVENUES: $2.9 B
NET PROFITS: $1.5 B
TOTAL ASSETS: $57.8 B
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Dominated by banks, telecom and construction companies, the top 100 companies in the Arab World according to Forbes Middle East

#11SAMBA FINANCIAL GROUP

#12 RIYAD BANK

#13 NATIONAL BANK OF KUWAIT

#14 SAUDI BRITISH BANK

#15 ABU DHABI COMMERCIAL BANK

#16 BANQUE SAUDI FRANSI

#17 OOREDOO TELECOM

#18 EMAAR PROPERTIES

#19 INDUSTRIES QATAR (IQ)

#20 ARAB NATIONAL BANK

#21 DP WORLD

#22 KUWAIT FINANCE HOUSE

#23 ATTIJARIWAFA BANK

#24 DUBAI ISLAMIC BANK

#25 MASRAF AL RAYAN

#26 ARAB BANK

#27 SAVOLA GROUP

#28 SAUDI ARABIAN MINING CO. (MADEEN)

#29 SAUDI ARABIAN FERTILIZERS

#30 MASHREQ BANK

#31 SAUDI HOLLANDI BANK

#32 TAQA

#33 QATAR ISLAMIC BANK

#34 COMMERCIAL BANK OF QATAR

#35 AHLI UNITED BANK (AUB)

#36 ABU DHABI ISLAMIC BANK

#37 UNION NATIONAL BANK

#38 ALINMA BANK

#39 COMMERCIAL INTERNATIONAL BANK

#40 KINGDOM HOLDING

#41 ALMARAI

#42 EZDAN HOLDING GROUP

#43 BANK AUDI

#44 BANK MUSCAT

#45 PETRO RABIGH

#46 ZAIN

#47 SAUDI INVESTMENT BANK

#48 BLOM BANK

#49 DOHA BANK

#50 JABAL OMAR DEVELOPMENT

 Read the rest of the TOP COMPANIES IN THE MIDDLE EAST HERE
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