Saudi Arabia is one of the most dynamic countries in the Middle East, with a vast oil reserve and a diverse economy. In recent years, the Kingdom has been investing heavily in various sectors such as technology, tourism, and healthcare. This has led to the emergence of many companies that have made a significant impact on the local economy.
Methodology
To compile this list, we conducted extensive research on various sources such as company reports, financial statements, industry publications, and expert opinions. We evaluated each company’s financial performance, market share, growth potential, and social responsibility initiatives. We also considered their contribution to the local economy and society.
<h2>Top 50 Companies in Saudi Arabia</h2>
<h2>1. Saudi Aramco</h2>
Saudi Aramco is one of the largest oil and gas companies in the world, with a market capitalization of over $2 trillion. It is responsible for managing and developing the country's vast oil reserves. The company generates revenue of over $150 billion annually and plays a crucial role in the local economy by creating job opportunities and generating revenue.</div>
<h2>2. National Commercial Bank (NCB)</h2>
NCB is one of the largest banks in Saudi Arabia, with a market share of approximately 40%. It offers various financial services such as banking, investment, insurance, and wealth management. The company has a market capitalization of over $50 billion and generates revenue of over $20 billion annually.</div>
<h2>3. Petrochemicals Company</h2>
Petrochemicals Company is one of the largest petrochemical companies in the world, producing various chemicals such as plastics, fertilizers, and refined products. The company was established in 1967 and generates revenue of over $40 billion annually. It plays a crucial role in the local economy by creating job opportunities and generating revenue.</div>
<h2>4. Saudi Electricity Company (SEC)</h2>
SEC is responsible for generating, transmitting, and distributing electricity in Saudi Arabia. It was established in 1938 and has a market share of approximately 60%. The company has a market capitalization of over $7 billion and generates revenue of over $25 billion annually.</div>
<h2>5. Almarai Company</h2>
Almarai is one of the largest dairy companies in the world, producing various dairy products such as milk, butter, cheese, and yogurt. The company was established in 1973 and has a market share of approximately 60%. It plays a crucial role in the local economy by creating job opportunities and generating revenue.</div>
<h2>6. Saudi Binladin Group (SBG)</h2>
SBG is one of the largest construction companies in the world, with a market capitalization of over $35 billion. The company was established in 1938 and has been involved in various infrastructure projects such as airports, highways, and hospitals.</div>
<h2>7. Kingdom Holding Company (KHC)</h2>
KHC is one of the largest conglomerates in Saudi Arabia, with a market capitalization of over $40 billion. The company was established in 1986 and has been involved in various industries such as real estate, media, and entertainment.</div>
<h2>8. National Oilwell Varco (NOV)</h2>
NOV is one of the largest oil and gas equipment suppliers in the world, with a market capitalization of over $35 billion. The company was established in 1905 and has been involved in various industries such as oil and gas exploration, production, and refining.</div>
<h2>9. Saudi Basic Industries Corporation (SABIC)</h2>
SABIC is one of the largest chemical companies in the world, with a market capitalization of over $35 billion. The company was established in 1978 and has been involved in various industries such as petrochemicals, fertilizers, and polymers.</div>
<h2>10. Al-Faisal Bank</h2>
Al-Faisal Bank is one of the largest banks in
