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