Sunday, December 10, 2017

TOP 10 COMPANIES OF SAUDI ARABIA IN 2017

SAUDI ARABIA'S TOP 10 COMPANIES IN 2017

Top ten companies in Saudi Arabia for the year 2017, After a down fall in stocks of the companies due to anti corruption drive that covered various businesses, royals and ministers. New : On Arrival visas for expats newborns




SABIC remained in the top in terms of earnings in the first half, while Corporate earnings grew 7% in its first half and positive results from the non oil sector.

1. SAUDI BASIC INDUSTRIES CORPORATION (SABIC)

Sector : Energy, Fossil fuels Recommend : New visa center for Indians in Jubail
Market Capitalization : 78.40 Billion Dollars

2. SAUDI TELECOM COMPANY (STC)

Sector : Telecommunication Services
Market Capitalization : 36.91 Billion Dollars




3. AL RAJHI BANKING & INVESTMENT CORPORATION

Sector : Banking & Investment Services
Market Capitalization : 27.30 Billion Dollars See Also : No VAT on government services fee

4. NATIONAL COMMERCIAL BANK (NCB)

Sector : Banking & Investment services
Market Capitalization : 25.79 Billion Dollars

5. SAUDI ELECTRICITY COMPANY

Sector : Utilities
Market Capitalization : 25.44 Billion Dollars



6. JABAL OMAR DEVELOPMENT CO

Sector : Real Estate
Market Capitalization : 16.11 Billion Dollars

7. SAUDI ARABIAN MINING CO

Sector : Mineral Resources Read : No VAT on employee salaries
Market Capitalization : 15.03 Billion Dollars

8. ALMARAI CO

Sector : Food & Beverage
Market Capitalization : 14.21 Billion Dollars




9. SAMBA FINANCIAL GROUP

Sector : Banking & Investment Services
Market Capitalization : 12.11 Billion Dollars

10. SAUDI BRITISH BANK

Sector : Banking & Investment Services
Market Capitalization : 10.24 Billion Dollars

TOP 10 COMPANIES IN SAUDI ARABIA 2017