List of largest companies in Saudi Arabia explained

This article lists the largest companies of Saudi Arabia in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

2019 Fortune list

This list displays both of the two Saudi companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2018.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Fortune 500 rankingNameIndustryRevenue (USD millions)Profits (USD millions)EmployeesHeadquarters
8Saudi AramcoOil and gas355,905110,97476,418Dhahran
252Saudi Basic IndustriesChemicals45,0965,73833,000Riyadh

2020 Forbes list

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2019.[2]

Forbes 2000 rankingNameHeadquartersRevenue (billions US$)Profit (billions US$)Assets (billions US$)Value (billions US$)Industry
5Saudi AramcoDhahran329.888.2398.31,900Oil and gas
212Saudi Basic IndustriesRiyadh37.31.583.459.8Chemicals
315Saudi Telecom CompanyRiyadh14.62.932.148.3Telecommunications
396Saudi National BankRiyadh6.83.1135.229.6Banking
473Al-Rajhi BankRiyadh5.32.8102.438.1Banking
590Saudi Electricity CompanyRiyadh17.30.4127.918.9Utilities
709Riyad BankRiyadh3.81.570.913.6Banking
780Samba Financial GroupRiyadh2.81.168.112.4Finance
814Saudi British BankRiyadh2.90.870.813.5Banking
934Banque Saudi FransiRiyadh2.50.947.59.9Banking
1013Arab National BankRiyadh2.30.848.98.2Banking
1124Alinma BankRiyadh1.80.735.18.4Banking
1508MaadenRiyadh4.7-0.226.012.2Mining
1681AlmaraiRiyadh3.90.58.713.1Food processing

Notes and References

  1. Web site: Global 500. Fortune. en. 2019-07-25.
  2. Web site: The World's Largest Public Companies. Forbes. en. 2019-07-25.