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Showing posts with label companies. Show all posts
Showing posts with label companies. Show all posts

Wednesday, August 02, 2017

The Top 100 Companies in the Arab World for 2017 by Forbes

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait
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If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world.

In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia.

 Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector.

Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market.

To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below:
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If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait


If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait


If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait


If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait


Last year's top ten are in this video:

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait
If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait


If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait



If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait


If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait


The rest of the list that make up the 100 are as follows:
If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait


If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

If there is one word to describe the middle east in terms of economy, it would be "oil". But in reality, the economy of the Middle East is a very diverse one. While the oil industry significantly impacts the entire region, most of the countries here have made efforts to diversify their economies in recent years. In fact, the standard growth in the Middle East is nearly four times faster than the world. In their annual report, Forbes magazine lists the top 100 companies in the Middle East and North Africa region - also known as the Arab World. For 2017, the list is based on the quarterly reports (as of April 2017), derived from 1,300 companies listed in the Arab stock markets from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco and Tunisia. Saudi Arabia still dominates the list with 36 companies, followed by Qatar and the U.A.E. with 19 and 17 companies respectively. 49% of the companies are from the banks and financial services sector. Other large companies like Saudi Aramco are not on the list simply because they are not publicly traded or listed in the stock market. To rank the top 100 companies in the Arab world, Forbes measured four metrics: market value, sales, net profits and total assets. We highlight the top 10 below: 1. SABIC 2. Qatar National Bank 3. First Abu Dhabi Bank 4. National Commercial Bank 5. Etisalat 6. Al Rajhi Banj 7. Emirates NBD 8. Saudi Electric Company 9. Saudi Telecom Company 10. National Bank of Kuwait

Did your company make the cut? Let us know in the comments! Let's wait and see what the rest of the year will bring, if these 100 companies are able to hold their spot.

 source: Forbes Middle East


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Wednesday, June 21, 2017

DOLE Reminds Private Employers and Companies To Issue Payslips To Their Workers


We all know that payslip is not just twice a month reminder of how much we are earning but also it states our salary for a particular period in a month. With payslip, we can see our basic monthly salary, the number of days that we are present and absent, our total deduction that is mandated by the law such as Philhealth, SSS, Pag-IBIG contribution, etc. And as a worker or employee, it is our right to have that piece of paper, twice a month or every pay day.





 We all know that payslip is not just twice a month reminder of how much we are earning but also it states our salary for a particular period in a month.

With payslip, we can see our basic monthly salary, the number of days that we are present and absent, our total deduction that is mandated by the law such as Philhealth, SSS, Pag-IBIG contribution, etc.

And as a worker or employee, it is our right to have that piece of paper, twice a month or every pay day.
(Sample of Kasambahay Payslip from DOLE)






 "Issue payslip to your workers." This is the Department of Labor and Employment's (DOLE) call to some erring private companies and employers who violates labor laws.

The DOLE renew its call due to some complaints that workers were not being issued pay slip. Because of this, workers cannot verify if their salaries were deducted with social security contributions.

According to Undersecretary Dominador Say, it is employees right to have his or her payslip, twice a month, or every pay day. 




The company or the employer will be liable for violation of labor law and may face charges if they fail to comply labor regulations such as;
  • non-issuance of pay slips
  • paying employees below the minimum range of wages
  • non-remittance of SSS
  • other social benefit contributions
“We encourage the workers to report non-compliant employers. What we can do is we can coordinate with SSS or concerned DOLE offices which can directly send a notice of compliance to the employers, explain them the law, and order them to pay and strictly abide by the rules,” the official added.

Also, workers are advised to report their complaint to the nearest SSS or DOLE Regional Offices in your area or they can call DOLE Hotline 1349 where concerns can be assisted.


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