Qatari Firms Shine in Forbes Middle East Top 100 Listed Companies 2024

Qatar, 19 June, 2024 : Forbes Middle East has recognized fourteen Qatari companies in its prestigious list of Top 100 Listed Companies in the Middle East for 2024. The rankings, published in the June issue, highlight Qatar's corporate prowess across various sectors.

Leading the pack is QNB Group, securing the 4th position, followed by Qatar Islamic Bank at 29th place, and Ooredoo Group at 31st place. Other notable entries include Industries Qatar, Commercial Bank, and Masraf Al Rayan, among others, each acknowledged for their substantial contributions to the regional economy.

The Gulf Cooperation Council (GCC) dominates the list with 92 entries, with Saudi Arabia and the UAE leading with 31 and 32 companies respectively. The rankings were determined based on financial metrics including sales, assets, profits for the year 2023, and market value as of April 26, 2024.

Saudi Aramco retains its top position with significant assets and market value, followed by Saudi National Bank and the International Holding Company. The banking and financial services sector emerged as the most represented, underscoring its pivotal role in the region's economic landscape.

Additionally, Forbes highlighted seven influential Middle East businesswomen who guided their companies through initial public offerings, including Anwar bint Nawaf Al Thani of Al Faleh Educational Holding, marking a significant milestone for Qatari women in business.

Source : www.zawya.com