In Saudi Arabia, improvement in oil prices created a positive environment for investors so business performed well in 2018. There are chances that the business will further expand and new jobs will be created in the market. We have already provided a list of emails of Top 100 Companies in Saudi Arabia for the people looking for jobs.
Today, we are going to list down a list of 32 biggest companies in Saudi Arabia for the year 2018. It is a good material for the people who are looking for jobs.
01-Saudi Basic Industries Corporation: SABIC a leading industrial company reported a revenue of $40 billion and a profit of $6.75 billion. The market value of SABIC is around $97.6 billion in 2018.
03-Saudi Electric Company: An energy sector company is third on the list, succeeded in earning the profit of $ 1.8 billion while the market value of $ 23.30 billion.
04-Al Rajhi Bank: Another financial service provider reported profit and market value of $2.4 billion and $35.70 billion.
05-Saudi Telecom Company: A telecom sector player generated a profit of $ 2.7 billion.
06-Samba Financial Group: SFG earned a handsome profit of 1.3 billion dollars generating a market value of 15.30 billion dollars.
07-Riyadh Bank: Riyadh bank succeeded in earning the profit of 1.1 billion dollars.
08-Saudi British Bank: This bank reported earnings of 1.1 billion dollars while their market value stands at 12.4 billion dollars.
09-Banque Saudi Fransi: They are providing banking and financial services and managed to generate the profit of 941 million dollars with a market worth of 10.3 billion dollars.
10-Arab National Bank: A bank with the profit of $807 million and a market value of 8.5 billion dollars stands at the tenth position.
11-Almarai: An Arabian dairy manufacturing company which expanded its operations in bakery items and created a worldwide recognition for their quality of products. It has a market capitalization of around $13 billion.
12-Petro Rabigh: It is a refining and petrochemical company founded in 2005 produces fuels and plastics. It has a market capitalization of around $5.2 billion.
13-Saudi Arabia Mining: It is ranked among the top 10 mining companies globally having a market capitalization of $ 15.4 billion.
14-Alinma Bank: A joint stock company established with the share capital of SAR 15 billion and has a market capitalization of $8.3 billion.
15-Savola Group: It is an industrial company engaged in the food and retail sectors. It has a market capitalization of $4.3 billion.
16-Alawwal Bank: It is a financial service provider having a profit of $539.6 million. It has a market capitalization of $4.2 billion.
17-National Industrialization Co: It is also a company involved in the petrochemical business. It has a market capitalization of $3.4 billion.
18-Saudi Investment bank: It is a Saudi joint stock company performing in both retail and corporate banking sectors. It has a market capitalization of $3.6 billion.
19-Saudi Industrial Investment Bank: It is the first privately owned petrochemical company having a goal of investment in the petrochemical industry. It has a market capitalization of $3.2 billion.
20-Kingdom Holding: It is regarded as the world’s most successful diversified investment company has its base in Riyadh. The company is well known in Saudi Arabia as the Chairman of the company is Prince Waleed bin Talal. It has a market capitalization of $8.4 billion.
21-Bank Albilad: A joint stock company engaged in providing financial services to business and personal clients. It has a market capitalization of $3.9 billion.
22-Bank Aljazira: They provide personal, investment and asset management services. It has a market capitalization of $3.05 billion.
23-National Shipping Company of Saudi Arabia: It is a transportation and logistics company having the largest crude carriers in the world and chemical tanker ships in the Middle East. It has a market capitalization of $3.3 billion.
24- Dar Al Arkan Real Estate Development Co: They are the largest real estate developers in Saudi Arabia in terms of market value. It has a market capitalization of $2.7 billion.