شخصية اليوم أحدث الأخبار

Latest Top 100 Companies in GCC 2021

Princess Tarfa

The listed brands of the Middle East have been through a very tough time for the last couple of months. Some of them experience drastic drop in market during the pandemic of Coronavirus worldwide.

In the end of Q1 2020, this factor can’t damp out the listed brands of Middle East. Saudi Aramco has been debuted this year as new No.1 is the yearly list of Top 100 Brands of the Middle East. The aggregated number of the ranking touches the sky limit. In these total 100 companies, $148 billion is the net profit with $670 billion sales. Apart from these they have the asset of $3.5 trillion and $2.3 trillion worth as market cap for the business year 2019-20.

Worth mentionable is the Saudi Aramco possesses 49% of the aggregated sale with 69.6% market cap, 11.4% asset and 59.6% total profits. The latest list has been topped by this oil conglomerate as it accumulates $25.6 billion as biggest IPO is history in 2019. The mentioned 100 companies are not the top ones but also regarded as most profitable in the stock exchanges list of the region.

In this list Saudi Arabia leads the list with 33 brands whereas UAE is there only with 21 brands. Qatar holds the 3rd position by 18 companies. 46 entries have been dominated by the banking and financial services sector whereas the industrial sector has 9 entries. Both telecommunication and real estate and construction possess 8 names for each respectively.

Visual Archive