The Middle East's Top 100 Listed Companies 2023
Explore the Leading Corporates Shaping the Region's Economy in 2023!
In the ever-evolving landscape of the Middle East's financial market, the top 100 listed companies serve as vital indicators of economic prowess and market stability. Despite facing challenges amidst global uncertainties, these companies have demonstrated resilience and adaptability, reflected in their performance in 2023.
GCC countries dominate 91% of the list, with Saudi Arabia being the most represented with 33 entries, followed by the UAE with 28, Qatar with 16, and Kuwait with nine.
Read More: Top Business Sectors Thriving in the UAE in 2024
The world’s largest oil and gas giant, Aramco, retains the top spot with $604.4 billion in sales and a market value of $2.1 trillion, followed by SABIC, Qatar’s QNB Group, and the Saudi National Bank. The UAE’s International Holding Company jumped from the #12 rank in the 2022 list to the fifth spot in 2023, with $235.9 billion in market value and total assets of $62.1 billion.
Here are some of the Middle East's most influential corporate entities:
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Aramco
- Market Value: $2.1 trillion
- Sector: Energy
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SABIC
- Market Value: $74.3 billion
- Sector: Industrials
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QNB Group
- Market Value: $38.8 billion
- Sector: Banks & Financial Services
-
Saudi National Bank (SNB)
- Market Value: $59 billion
- Sector: Banks & Financial Services
-
International Holding Company (IHC)
- Market Value: $235.9 billion
- Sector: Investments
-
Al Rajhi Bank
- Market Value: $82 billion
- Sector: Banks & Financial Services
-
Saudi Electricity Company (SEC)
- Market Value: $27.3 billion
- Sector: Utilities
-
First Abu Dhabi Bank (FAB)
- Market Value: $42.7 billion
- Sector: Banks & Financial Services
-
Emirates NBD
- Market Value: $24.3 billion
- Sector: Banks & Financial Services
-
TAQA Group
- Market Value: $99.5 billion
- Sector: Utilities
-
stc Group
- Market Value: $59.2 billion
- Sector: Telecommunications
-
e&
- Market Value: $56.8 billion
- Sector: Telecommunications
-
Alpha Dhabi Holding (ADH)
- Market Value: $59.9 billion
- Sector: Investments
-
Kuwait Finance House (KFH)
- Market Value: $35.4 billion
- Sector: Banks & Financial Services
-
Saudi Arabian Mining Company (Ma’aden)
- Market Value: $45.5 billion
- Sector: Industrials
-
Dubai Electricity and Water Authority (DEWA)
- Market Value: $33.8 billion
- Sector: Utilities
-
ADCB Group
- Market Value: $17.6 billion
- Sector: Banks & Financial Services
-
National Bank of Kuwait (NBK)
- Market Value: $26 billion
- Sector: Banks & Financial Services
-
Riyad Bank
- Market Value: $24.1 billion
- Sector: Banks & Financial Services
-
Saudi Awwal Bank (SAB – الأول)
- Market Value: $19.8 billion
- Sector: Banks & Financial Services
-
Emaar Properties
- Market Value: $14.3 billion
- Sector: Real Estate & Construction
-
Dubai Islamic Bank (DIB)
- Market Value: $11 billion
- Sector: Banks & Financial Services
-
Industries Qatar (IQ)
- Market Value: $21.5 billion
- Sector: Industrials
-
Attijariwafa bank
- Market Value: $8.6 billion
- Sector: Banks & Financial Services
-
Alinma Bank
- Market Value:$17 billion
- Sector: Banks & Financial Services
-
Banque Saudi Fransi (BSF)
- Market Value: $12.4 billion
- Sector: Banks & Financial Services
-
Qatar Islamic Bank (QIB)
- Market Value: $11.6 billion
- Sector: Banks & Financial Services
-
Arab National Bank (ANB)
- Market Value: $11.1 billion
- Sector: Banks & Financial Services
-
Mashreq
- Market Value: $6.6 billion
- Sector: Banks & Financial Services
-
Ooredoo Group
- Market Value: $8.4 billion
- Sector: Telecommunications
Continue exploring the complete list of the Middle East's top 100 companies here.
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This article was previously published on saudimoments.To see the original article, click here