List of largest companies in Saudi Arabia

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This article lists the largest companies of Saudi Arabia by revenue, net profit, and total assets, based on rankings published by the American business magazines Fortune and Forbes , as well as insights provided by Global Database, a UK-based B2B data provider.

Contents

2024 Global Database list

This list displays the Top 7 public companies in Saudi Arabia by assets in 2024. The companies are ranked according to their total assets, presented in millions of US dollars for the fiscal year 2024. [1] Also listed are the headquarters location, net profit, number of employees worldwide, and industry sector of each company.

No.NameIndustryRevenue (USD millions)Net Income (USD millions)Total Assets (USD millions)Headquarters
1 Saudi Aramco Oil and gas 480,446106,246646,301 Dhahran
2 Saudi Electricity Company Electric power 20,080
(SAR 75.33 billion)
2,732
(SAR 10.25 billion)
133,150
(SAR 500.8 billion)
Riyadh
3 SABIC Chemicals 52,9204,41083,490 Riyadh
4 stc Telecommunications 20,230
(SAR 75.893 million)
6,590
(SAR 24.689 million)
42,860
(SAR 160.638 million)
Riyadh
5 Saudi Arabian Mining Company Mining 29,800 Riyadh
6 Petro Rabigh Petrochemicals 10,200N/A16,140 Rabigh

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. [2] 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
8 Saudi Aramco Oil and gas 355,905110,97476,418 Dhahran
252 Saudi Basic Industries Chemicals 45,0965,73833,000 Riyadh

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. [3]

Forbes 2000 rankingNameHeadquartersRevenue (billions US$)Profit (billions US$)Assets (billions US$)Value (billions US$)Industry
5 Saudi Aramco Dhahran329.888.2398.31,900 Oil and gas
212 Saudi Basic Industries Riyadh37.31.583.459.8 Chemicals
315 Saudi Telecom Company Riyadh14.62.932.148.3 Telecommunications
396 Saudi National Bank Riyadh6.83.1135.229.6 Banking
473 Al-Rajhi Bank Riyadh5.32.8102.438.1 Banking
590 Saudi Electricity Company Riyadh17.30.4127.918.9 Utilities
709 Riyad Bank Riyadh3.81.570.913.6 Banking
780 Samba Financial Group Riyadh2.81.168.112.4 Finance
814 Saudi British Bank Riyadh2.90.870.813.5 Banking
934 Banque Saudi Fransi Riyadh2.50.947.59.9 Banking
1013 Arab National Bank Riyadh2.30.848.98.2 Banking
1124 Alinma Bank Riyadh1.80.735.18.4 Banking
1508 Maaden Riyadh4.7-0.226.012.2 Mining
1681 Almarai Riyadh3.90.58.713.1 Food processing

References

  1. "Top 30 Public Companies in Saudi Arabia by Assets in 2024". Global Database. Retrieved 2025-08-07.
  2. "Global 500". Fortune. Retrieved 2019-07-25.
  3. "The World's Largest Public Companies". Forbes. Retrieved 2019-07-25.