TOP 10 companies in Saudi Arabia BY Market Capitalization

TOP 10 companies in Saudi Arabia BY Market Capitalization

Market capitalization means that the total worth or market value of a company’s outstanding shares of total stock. Following  are the top 10 companies in Saudi Arabia with respect to their market cap. You can check each of them one by one.

TOP 10 companies in Saudi Arabia BY Market Capitalization:

  1. Saudi Basic Industries:

Market Capitalization of Saudi Basic industries is : $45.1 Billion

Saudi Basic Industries (SABIC) is a Saudi widen chemical manufacturing company, other than chemicals it manufactures petrochemicals, metals, chemicals, industrial polymers, and fertilizers. According to the Tadawul SABIC is the sustainable public company in the Saudi Arabia as well as Middle East. Saudi Aramco own About 70% of SABIC’s shares. Private shareholders are from Saudi Arabia and from Gulf Cooperation Council (GCC). Top Ten Saudi Companies by market share.

It is now consider the second-largest worldwide ethylene glycol producer and it is in consideration to mark the SABIC in high rank after it launch its new work. SABIC is most appropriate in its work the third-largest polyethylene manufacturer, the fourth-largest polyolefins manufacturer, and the fourth-largest polypropylene manufacturer. SABIC is also the world’s largest producer of methyl tert-butyl ether, granular urea, polycarbonate, polyphenylene and polyether imide.

Check Official site here.

2. Saudi Electricity Company

Market Capitalization of the Saudi Electric Company is  : $17.1 Billion

Saudi Electricity Company (SEC) is electric utility company in Saudi Arabia. This company generates, transmit and distribute electric power in Saudi Arabia through 45 power generation plants.

The company came into existence in 2000 by Order of the Council of Ministers through a merger of existing regional electricity companies in the all regions into a single joint stock company. Due to the, Increasing demand, SEC is planning  to expand its ability to generate power from 60 GW to 91 GW by this year and more than double the capacity from now over the long term to meet public and industrial demand.

Check Official site here.

3.  Saudi Telecom Company

Market Capitalization of STC : $13.9 Billion

Saudi Telecom Company is a national telecommunications company that offers all communications like landline, mobile, Internet services and computer networks. Most of the subscribers to this service are of mobile which is about 81% of the total Saudi Telecom subscribers they are contributing about 73% of the company’s total revenue.

Official site is

4. Petro Rabigh

Market Capitalization of Petro Rabigh: $10.9 Billion

Rabigh Refining & Petrochemical Company is a Saudi national company which produces and trades refined petrochemicals and hydrocarbon. The company was working with collaboration of Saudi Aramco and Japan’s Sumitomo Chemical which is now publicly held. Petro Rabigh operates a 400,000-barrel (64,000 m3) capable of refinery located in Rabigh, Saudi Arabia, that produces naphtha, kerosene, gasoline, diesel and fuel oil.

5. National Commercial Bank

Market Capitalization of National Commercial Bank: $6.3 Billion

The National Commercial Bank (NCB) also named as Al-Ahli Bank is a Saudi Arabian bank. The firm is the largest bank according to its total assets in Saudi Arabia, the second largest by market cap, and it is one of the largest Islamic bank in the world in terms of assets. NCB offers Islamic banking and finance. The Bank was constituted as a General Partnership from its founding in 1953 until 1 July 1997 when it was reconstituted as a Joint Stock Company.

Check Official site here.

6. Al-Rajhi Bank

Market Capitalization of Al-Rajhi Bank : $4.8 Billion

The bank has over 600 branches and one of the major  investor country’s business as well as  one of the largest joint stock companies in the Saudi Arabia, with over SR 330.5 billion in AUM ($88 billion). Its head office is in Riyadh, with six regional offices.  As well as a subsidiary in Malaysia and Syria. TOP 10 companies in Saudi Arabia BY Market Capitalization.

Check Official site here.

7.  MA  Aden

Market Capitalization of MA Aden is: $3.8 Billion

Saudi Arabian Mining Co. is an established mining company, trade in gold, base metals, mining and infrastructure industry. MA ‘Aden came into existence in 1997 on 23 March as a Saudi joint stock for the reason  of facilitating   Saudi Arabia’s mineral resources company. The Saudi government owns 50% of its shares while the remaining 50% are listed in Stock Market known as Tadawul. The company’s corporate headquarter is in Riyadh with subsidiaries

Check Official site here

8.  Almarai

Market Capitalization of Almarai : $3.7 Billion

Almarai Company is a Saudi national conglomerate, listed on the Tadawul stock exchange. It mainly manufactures and distributes food and beverage. The company’s head offices is originated in Riyadh, Saudi Arabia.

According to Almarai literature, the dairy company – its  founder are Irish Agri Pioneers Alastair and Paddy McGuckin – began with 350 cows, before expanding its operations dramatically over the past three decades. The company is now own more than two hundred thousand cows worldwide and is the world’s largest dairy company. TOP 10 companies in Saudi Arabia BY Market Capitalizatio.

Official site here

9. Riyad Bank

Market Capitalization of the Riyadh Bank is: $2.7 Billion

Riyad Bank is one of the substantial financial firm in Saudi Arabia. It is ranked fourth in assets and was established in 1957.

In its own country and abroad, The main work of the institution is to provide complete portfolio of banking and investment services to its customers and firm’s accounts by providing a detailed range of banking services for all customers as well as financing all types of trade and industrial projects and activities.

Like all Saudi commercial banks, Riyad Bank is also supervised by the Saudi Arabian Monetary Authority. It operates in all four primary financial service sectors including Personal , Corporate, Treasury, and International Banking.

Check Official site Here

10.   Samba Financial Group

Market Capitalization of SFG: $2.5 Billion

Samba Financial Group SJSC, In the beginning it was known as The Saudi American Bank, large banking firm in Saudi Arabia. This firm had 66 branches in the country. Its international operations headed by each  of a branch in London, Qatar and Dubai, Although a subsidiary that has 40 branches across big  cities in Pakistan. The company was established in 1955. After a (partial nationalization) program by the Saudi government, Citibank kept a 40% stake in this company in 1980, and sold its remaining interest in the year 2004. TOP 10 companies in Saudi Arabia BY Market Capitalization.

Check Official site here.