yota691 Posted June 20, 2017 Report Share Posted June 20, 2017 Report: 100 most powerful company in the Arab world for the year 2017 worth $ 772 billion, Saudi Arabia dominates .. ECONOMY Last updated since 37 minutes. File photo of Riad Dubai, United Arab Emirates (CNN) - The total market value of the 100 most powerful company in the Arab world $ 772 billion in April / April 2017, an increase of 12 per cent from the previous year, according to "Forbes" magazine. She said, "Forbes" in its report that the performance of companies in the Arab region during the year 2016 has seen an improvement due to higher oil prices compared to the previous year, and the rise of stock markets in the region. She added, "Forbes" Saudi Arabia "dominate" on the list, a representative of the company to 36, led by Saudi Basic Industries Corporation (SABIC), which came in first place as the largest company in Saudi Arabia and the Arab world. Followed by Qatar and the UAE with 19 and 17 Mmtltan companies respectively. Identified the "Forbes" evaluated based on four criteria: market value, sales, net profit and total assets, and got each company on 4 ratings based on their rankings in each standard within the list, and then the four criteria were collected relative weights equal to Blua grade rating company. Below we show the strongest ten companies annexed "Forbes" list: Company Country Sector Market value ($) Saudi Basic Industries Corporation (SABIC) Saudi Arabia Petrochemicals 80.7 billion Qatar National Bank (QNB) Diameter Banks and Financial Services 37.7 billion First Bank of Abu Dhabi United Arab Emirates Banks and Financial Services 33.7 billion The National Commercial Bank (NCB) Saudi Arabia Banks and Financial Services 20.7 billion communication United Arab Emirates Telecommunications 43.1 billion Al Rajhi Bank Saudi Arabia Banks and Financial Services 27.7 billion Emirates NBD United Arab Emirates Banks and Financial Services 13.1 billion Saudi Electricity Company Saudi Arabia Facilities and Services 26.7 billion Saudi Telecom Saudi Arabia Telecommunications 37.5 billion National Bank of Kuwait Group (NBK) Kuwait Banks and Financial Services 13.4 billion Quote Link to comment Share on other sites More sharing options...
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