List of largest companies in Saudi Arabia


This article lists the largest companies of Saudi Arabia by revenue, net profit, and total assets, based on rankings published by the American business magazines Fortune and Forbes, as well as insights provided by Global Database, a UK-based B2B data provider.

2024 ''Global Database'' list

This list displays the Top 7 public companies in Saudi Arabia by assets in 2024. The companies are ranked according to their total assets, presented in millions of US dollars for the fiscal year 2024. Also listed are the headquarters location, net profit, number of employees worldwide, and industry sector of each company.
No.NameIndustryRevenue Net Income HeadquartersTotal Assets
1Saudi AramcoOil and gas480,446106,246Dhahran646,301
2Saudi Electricity CompanyElectric power20,080
2,732
Riyadh133,150
3SABICChemicals52,9204,410Riyadh83,490
4stcTelecommunications20,230
6,590
Riyadh42,860
5Saudi Arabian Mining CompanyMiningRiyadh29,800
6Petro RabighPetrochemicals10,200N/ARabigh16,140

2019 ''Fortune'' list

This list displays both of the two Saudi companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2018. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
Fortune 500 rankingNameIndustryRevenue Profits EmployeesHeadquarters
8Saudi AramcoOil and gas355,905110,97476,418Dhahran
252Saudi Basic IndustriesChemicals45,0965,73833,000Riyadh

2020 ''Forbes'' list

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2019.
Forbes 2000 rankingNameHeadquartersRevenue Profit Assets Value Industry
5Saudi AramcoDhahran329.888.2398.31,900Oil and gas
212Saudi Basic IndustriesRiyadh37.31.583.459.8Chemicals
315Saudi Telecom CompanyRiyadh14.62.932.148.3Telecommunications
396Saudi National BankRiyadh6.83.1135.229.6Banking
473Al-Rajhi BankRiyadh5.32.8102.438.1Banking
590Saudi Electricity CompanyRiyadh17.30.4127.918.9Utilities
709Riyad BankRiyadh3.81.570.913.6Banking
780Samba Financial GroupRiyadh2.81.168.112.4Finance
814Saudi British BankRiyadh2.90.870.813.5Banking
934Banque Saudi FransiRiyadh2.50.947.59.9Banking
1013Arab National BankRiyadh2.30.848.98.2Banking
1124Alinma BankRiyadh1.80.735.18.4Banking
1508MaadenRiyadh4.7-0.226.012.2Mining
1681AlmaraiRiyadh3.90.58.713.1Food processing