Qatari Companies on Forbes Middle East’s Top 100 Listed Companies 2024
شركات قطرية في قائمة فوربس لأقوى 100 شركة عامة في الشرق الأوسط لعام 2024
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In 2024, Forbes Middle East released its list of the top 100 listed companies in the region, showcasing the economic landscape of the MENA region amidst recent uncertainties. Despite a slight decrease in sales and net profits, the total assets of these companies saw a significant increase. The list is dominated by GCC companies, particularly those from the UAE and Saudi Arabia, reflecting the region’s economic strength and diversity.
Forbes Middle East’s Top 100 Listed Companies 2024
GCC Dominance: 92 out of 100 companies
- U.A.E.: 32 companies
- Saudi Arabia: 31 companies
- Qatar: 14 companies
- Kuwait: 10 companies
- Morocco: 4 companies
- Bahrain: 3 companies
- Egypt, Jordan, Oman: 2 companies each
QNB Group (Rank: 4)
- Sector: Banks & Financial Services
- Key Figures: Market Value: $35.1 billion, Sales: $29.6 billion, Profits: $4.3 billion, Assets: $338.2 billion
Qatar Islamic Bank (QIB) (Rank: 29)
- Sector: Banks & Financial Services
- Key Figures: Market Value: $11.6 billion, Sales: $3.1 billion, Profits: $1.2 billion, Assets: $52 billion
Ooredoo Group (Rank: 31)
- Sector: Telecommunications
- Key Figures: Market Value: $8.8 billion, Sales: $6.4 billion, Profits: $965 million, Assets: $16 billion
Industries Qatar (IQ) (Rank: 33)
- Sector: Industrials
- Key Figures: Market Value: $19.9 billion, Sales: $3.2 billion, Profits: $1.3 billion, Assets: $11.8 billion
Commercial Bank (Rank: 38)
- Sector: Banks & Financial Services
- Key Figures: Market Value: $4.7 billion, Sales: $3.3 billion, Profits: $827 million, Assets: $45.2 billion
Masraf Al Rayan (Rank: 43)
- Sector: Banks & Financial Services
- Key Figures: Market Value: $6.3 billion, Sales: $2.7 billion, Profits: $407 million, Assets: $45.1 billion
Dukhan Bank (Rank: 61)
- Sector: Banks & Financial Services
- Key Figures: Market Value: $5.6 billion, Sales: $1.7 billion, Profits: $358 million, Assets: $31.4 billion
Nakilat (Rank: 74)
- Sector: Logistics
- Key Figures: Market Value: $5.8 billion, Sales: $1.3 billion, Profits: $428 million, Assets: $8.8 billion
Qatar Fuel (WOQOD) (Rank: 75)
- Sector: Retail
- Key Figures: Market Value: $3.9 billion, Sales: $7.7 billion, Profits: $280 million, Assets: $4 billion
Qatar International Islamic Bank (QIIB) (Rank: 77)
- Sector: Banks & Financial Services
- Key Figures: Market Value: $4.2 billion, Sales: $1 billion, Profits: $320 million, Assets: $16.9 billion
Qatar Electricity & Water Company (QEWC) (Rank: 86)
- Sector: Utilities
- Key Figures: Market Value: $4.6 billion, Sales: $800 million, Profits: $429 million, Assets: $6.4 billion
Ahlibank (Rank: 91)
- Sector: Banks & Financial Services
- Key Figures: Market Value: $2.6 billion, Sales: $935 million, Profits: $230 million, Assets: $16.6 billion
Doha Bank (Rank: 94)
- Sector: Banks & Financial Services
- Key Figures: Market Value: $1.3 billion, Sales: $1.8 billion, Profits: $211 million, Assets: $27.8 billion
Qatar Insurance Company (QIC Group) (Rank: 98)
- Sector: Insurance
- Key Figures: Market Value: $2 billion, Sales: $2 billion, Profits: $169 million, Assets: $7.9 billion