List of companies of Saudi Arabia

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Location of Saudi Arabia LocationSaudiArabia.svg
Location of Saudi Arabia

Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry. [1] [2] The country plans to reduce oil-based revenues to 42% by 2023. [3] A considerable proportion of Saudi companies are owned by families, including the royal family.

Contents

Public companies are listed on the Tadawul. For further information on the types of business entities in this country and their abbreviations, see "Business entities in Saudi Arabia".

Largest firms

This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2017. [4] Only the top five firms (if available) are included as a sample.

RankImageName2016 Revenues (USD $M)EmployeesNotes
299 SABIC office Sittard.jpg SABIC $35,42135,000The Saudi Basic Industries Corporation is a diversified chemicals, industrial polymers, fertilizers, and metals company. Majority state-owned and headquartered in Riyadh, subsidiaries include Hadeed (steel), SAFCO (fertilizers), and the Yanbu National Petrochemical Company.

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active     State-owned     Defunct
NameIndustrySectorHeadquartersFoundedNotes
A. A. Turki Group Conglomerates - Dammam 1950Has 23 various divisions, joint ventures and standalone companies
Abdullah Al-Othaim Markets Consumer servicesFood retailers & wholesalers Riyadh 1980Grocery
Advanced Electronics Company Limited IndustrialsElectronic Equipment Riyadh 1988Electronics research and manufacturing
Ahmad Hamad Al Gosaibi & Brothers Conglomerates- Khobar [5] 1940Real estate, food & beverage, hospitality
Al Baik Consumer servicesRestaurants & bars Jeddah 1974Fast food restaurants
Al Bilad Bank FinancialsBanks Riyadh 2004Islamic bank
Al Faisaliah Group Conglomerates- Riyadh 1970Food & beverage, consumer goods, media, chemicals
Al Madina Consumer servicesPublishing Jeddah 1937Newspaper
Al Riyadh Consumer servicesPublishing Riyadh 1965Newspaper
Al Shoula Group Conglomerates- Riyadh 1970Insurance, real estate, defense
Al Tazaj Consumer servicesRestaurants & bars Jeddah 1989Fast-casual restaurants
Al Yaum Consumer servicesPublishing Dammam 1965Newspaper
Al-Bilad Consumer servicesPublishing Jeddah 1932Newspaper
Shamiekh Holding Group Conglomerates Riyadh 1980Consumer Discretionary
Alawwal Bank FinancialsBanks Riyadh 1926Bank, formerly Saudi Hollandi Bank
Alinma Bank FinancialsBanks Riyadh 2006Bank
Almarai Consumer goodsFood products Riyadh 1977Dairy
Al-Muhaidib Conglomerates- Dammam 1946Food, retail, industrials, financials, energy
Al-Rajhi Bank FinancialsBanks Riyadh 1957Islamic bank
Arab National Bank FinancialsBanks Riyadh 1979Bank
Arabian Machinery and Heavy Equipment Company IndustrialsHeavy equipment Khobar 2006
Arabian Shield Cooperative Insurance Company FinancialsFull line insurance Riyadh 2007Insurance
Bahri TransportationMarine transportation Riyadh 1978Shipping line
Bin Quraya IndustrialsSpecialty retailers Dhahran 1975Industrial vehicle rentals
Civil and Electrical Projects Contracting Company IndustrialsHeavy construction Jeddah 1977Construction
Dallah Al-Baraka Conglomerates- Jeddah 1969Financials, health care, industrials, logistics
Dar Al-Arkan Real Estate Development Company FinancialsReal estate holding & development Riyadh 1994Development
E. A. Juffali and Brothers Conglomerates- Jeddah 1946Power, telecommunications, industrials
Flynas Consumer servicesAirlines Riyadh 2007Low-cost airline, formerly named Nas Air
Haji Husein Alireza & Co. Ltd. Conglomerates- Jeddah 1906Food & beverage, construction, consumer goods
House of Alireza Conglomerates- Khobar [6] 1845Construction, real estate, shipping
Integrated Telecom Company TelecommunicationsFixed line telecommunications Riyadh [7] 2005Telecom, ISP, part of Mawarid Holding
Islamic Development Bank FinancialsBanks Jeddah 1975Financing
Jadwa Investment FinancialsInvestment services Riyadh 2006Investment services
Jarir Bookstore Consumer servicesSpecialty retailers Riyadh 1979Books
King Fahd Complex for the Printing of the Holy Quran Consumer servicesPublishing Medina 1985Publishing
Kingdom Holding Company Conglomerates- Riyadh 1980Financials, tourism, media, oil & gas, technology
Kudu Consumer servicesRestaurants & bars Riyadh [8] 1988Fast food restaurants
Maaden Basic materialsGeneral mining Riyadh 1997State-owned mining
Mawarid Holding Conglomerates- Riyadh 1968Financials, telecommunications, media, industrials
Nadec Consumer goodsFood products Riyadh 1981Agriculture and food-processing
Nama Chemicals Basic materialsSpecialty chemicals Jubail 1992Chemical products
National Commercial Bank FinancialsBanks Jeddah 1953Bank
Okaz Consumer servicesPublishing Jeddah 1960Newspaper
The Olayan Group Conglomerates- Riyadh [9] 1947Construction, food & beverage, industrials
Omrania and Associates IndustrialsBusiness support services Riyadh 1973 [10] Architecture
Panda Retail Company Consumer servicesFood retailers & wholesalers Riyadh 1978Grocery, part of Savola Group
Petro Rabigh Oil and gasExploration & production Rabigh 2005Refining and marketing
Qaym Consumer servicesBroadcasting & entertainment Riyadh 2006Reviews
Rezayat Conglomerates- Khobar 1949Industrials, financials, technology, oil & gas
Riyad Bank FinancialsBanks Riyadh 1957Bank
SABIC Basic materialsSpecialty chemicals Riyadh 1976Chemicals and metals
SACO Hardware Consumer servicesHome improvement retailers Riyadh 1985Hardware retailing and wholesaling
Samba Financial Group FinancialsBanks Riyadh 1980Bank
Saudi Aramco Oil and gasExploration & production Dhahran 1933State oil & gas
Dussur FinancialsInvestment services Riyadh 2014Investment/Industrial development
Saudi Binladin Group IndustrialsHeavy construction Jeddah 1931Construction conglomerate
Saudi Electricity Company UtilitiesElectricity Riyadh 2000Electric generation and distribution
Saudi Oger IndustrialsHeavy construction Riyadh 1978Construction, defunct 2017
Saudi Arabia Railways Railroad Riyadh 2006
Saudi Railways Organization Railroad1966
Saudi Readymix Concrete Company IndustrialsBuilding materials & fixtures Khobar 1978Concrete
Saudi Telecom Company TelecommunicationsFixed line telecommunications Riyadh 1998Telecom, ISP
Saudia Consumer servicesAirlines Jeddah 1945Also known as Saudi Arabian Airlines
Saudia Dairy and Foodstuff Co. AgricultureDairy Jeddah 1976Has two factories in Jeddah and one in Dammam
Savola Group Consumer goodsFood products Jeddah 1979Food manufacturing, grocery and restaurants
Siemens Saudi Arabia IndustrialsBusiness support services Riyadh 1999Industrial support, engineering
The Saudi British Bank FinancialsBanks Riyadh 1978Bank, associated with HSBC (UK)
Tasali Snack Foods Consumer goodsFood products
Xenel Conglomerates- Jeddah 1973Energy, industrials, financials
Zamil Steel Holding IndustrialsBuilding materials & fixtures Dammam 1977Steel and construction materials

See also

Related Research Articles

<span class="mw-page-title-main">Economy of Saudi Arabia</span>

The economy of Saudi Arabia is the second-largest in the Middle East and the nineteenth-largest in the world. The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year.

<span class="mw-page-title-main">Economy of the United Arab Emirates</span>

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<span class="mw-page-title-main">Economy of Bahrain</span>

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<span class="mw-page-title-main">Big Oil</span> Largest publicly traded oil and gas companies, also known as supermajors

Big Oil is a name sometimes used to describe the world's six or seven largest publicly traded and investor-owned oil and gas companies, also known as supermajors. The term, particularly in the United States, emphasizes their economic power and influence on politics. Big Oil is often associated with the fossil fuels lobby and also used to refer to the industry as a whole in a pejorative or derogatory manner.

References

  1. ↑ "An expansionary budget with focus on diversification". Saudi Gazette. 2017-12-20. Retrieved 2018-01-07.
  2. ↑ Karen Gilchrist (2017-09-07). "Saudi Arabia is reportedly revising its ambitious plans to change its economy". Cnbc.com. Retrieved 2018-01-07.
  3. ↑ "oil prices: Saudi to slash oil dependence to less than half of budget - The Economic Times". Economictimes.indiatimes.com. 2017-12-20. Retrieved 2018-01-07.
  4. ↑ DeCarlo, Scott (20 July 2017). "The Fortune 2017 Global 500". Fortune .
  5. ↑ "A. H. Algosaibi & Bros. Co.: Private Company Information". Bloomberg. Retrieved 2017-12-17.
  6. ↑ "Alireza Group: Private Company Information". Bloomberg. Retrieved 2017-12-17.
  7. ↑ "Integrated Telecom Company: Private Company Information". Bloomberg. Retrieved 2017-12-17.
  8. ↑ "Kudu Co.: Private Company Information". Bloomberg. Retrieved 2017-12-17.
  9. ↑ "The Olayan Group: Private Company Information". Bloomberg. 2017-03-17. Retrieved 2017-12-17.
  10. ↑ "Who We Are". Omrania. Retrieved 2017-12-17.
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