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Forbes Top 10 Middle East Listed Companies for 2022

UAE Moments 08/06/2022 UAEMoments team

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

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1 | Saudi Aramco

Country: Saudi Arabia

Sector: Energy

Market value: $2.3 trillion

Sales: $400.5 billion

Profits: $110 billion

Assets: $576.7 billion

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

2 | SABIC

Country: Saudi Arabia

Sector: Industrials

Market value: $100.5 billion

Sales: $46.6 billion

Profits: $8.1 billion

Assets: $84.9 billion

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

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

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

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

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

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

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

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

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

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

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

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

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

9 | e&

Country: U.A.E.

Sector: Telecommunications

Market value: $83.1 billionSales: $14.5 billion

Profits: $3 billionAssets: $34.9 billion

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

10 | TAQA Group

Country: U.A.E.

Sector: Utilities  

Market value: $41 billion

Sales: $12.4 billion

Profits: $1.6 billion

Forbes Top 10 Middle East Listed Companies for 2022 © e7awi Forbes Top 10 Middle East Listed Companies for 2022

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 posted on UAEMoments

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