According to the Forbes list, the top 10 most profitable companies listed on the region’s bourses are as follows:
Saudi Aramco
Country: Saudi Arabia
Sector: Energy
Sales: $329.8bn
Market Value: $1.6 trillion
QNB
Country: Qatar
Sector: Banks and financial services
Sales: $16.3bn
Market Value: $42.6bn
First Abu Dhabi Bank
Country: UAE
Sector: Banks and financial services
Sales: $9.1bn
Market Value: $28.7bn
SABIC
Country: Saudi Arabia
Sector: Industrials
Sales: $37.3bn
Market Value: $56bn
Emirates NBD
Country: UAE
Sector: Banks and financial services
Sales: $9.8bn
Market Value: $12.4bn
National Commercial Bank
Country: Saudi Arabia
Sector: Banks and financial services
Sales: $6.8bn
Market Value: $27.8bn
Al Rajhi Bank
Country: Saudi Arabia
Sector: Banks and financial services
Sales: $5.3bn
Market Value: $35.9bn
Saudi Telecom
Country: Saudi Arabia
Sector: Telecommunications
Sales: $14.5bn
Market Value: $46.7bn
Etisalat Group
Country: UAE
Sector: Telecommunications
Sales: $14.2bn
Market Value: $33.2bn
National Bank of Kuwait
Country: Kuwait
Sector: Banks and financial services
Sales: $4.5bn
Market Value: $ 15.7bn
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