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From Wikipedia, the free encyclopedia
Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry.[1][2] The country plans to reduce oil-based revenues to 42% by 2023.[3] A considerable proportion of Saudi companies are owned by families, including the royal family.
Public companies are listed on the Tadawul. For further information on the types of business entities in this country and their abbreviations, see "Business entities in Saudi Arabia".
This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2017.[4] Only the top five firms (if available) are included as a sample.
Rank | Image | Name | 2016 Revenues (USD $M) | Employees | Notes |
---|---|---|---|---|---|
299 | SABIC | $35,421 | 35,000 | The Saudi Basic Industries Corporation is a diversified chemicals, industrial polymers, fertilizers, and metals company. Majority state-owned and headquartered in Riyadh, subsidiaries include Hadeed (steel), SAFCO (fertilizers), and the Yanbu National Petrochemical Company. |
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
A. A. Turki Group | Conglomerates | - | Dammam | 1950 | Has 23 various divisions, joint ventures and standalone companies | P | A |
Abdullah Al-Othaim Markets | Consumer services | Food retailers & wholesalers | Riyadh | 1980 | Grocery | P | A |
Advanced Electronics Company Limited | Industrials | Electronic Equipment | Riyadh | 1988 | Electronics research and manufacturing | P | A |
Ahmad Hamad Al Gosaibi & Brothers | Conglomerates | - | Khobar[5] | 1940 | Real estate, food & beverage, hospitality | P | A |
Al Baik | Consumer services | Restaurants & bars | Jeddah | 1974 | Fast food restaurants | P | A |
Al Bilad Bank | Financials | Banks | Riyadh | 2004 | Islamic bank | P | A |
Al Faisaliah Group | Conglomerates | - | Riyadh | 1970 | Food & beverage, consumer goods, media, chemicals | P | A |
Al Madina | Consumer services | Publishing | Jeddah | 1937 | Newspaper | P | A |
Al Riyadh | Consumer services | Publishing | Riyadh | 1965 | Newspaper | P | A |
Al Shoula Group | Conglomerates | - | Riyadh | 1970 | Insurance, real estate, defense | P | A |
Al Tazaj | Consumer services | Restaurants & bars | Jeddah | 1989 | Fast-casual restaurants | P | A |
Al Yaum | Consumer services | Publishing | Dammam | 1965 | Newspaper | P | A |
Al-Bilad | Consumer services | Publishing | Jeddah | 1932 | Newspaper | P | A |
Shamiekh Holding Group | Conglomerates | Riyadh | 1980 | Consumer Discretionary | P | A | |
Alawwal Bank | Financials | Banks | Riyadh | 1926 | Bank, formerly Saudi Hollandi Bank | P | A |
Alinma Bank | Financials | Banks | Riyadh | 2006 | Bank | P | A |
Almarai | Consumer goods | Food products | Riyadh | 1977 | Dairy | P | A |
Al-Muhaidib | Conglomerates | - | Dammam | 1946 | Food, retail, industrials, financials, energy | P | A |
Al-Rajhi Bank | Financials | Banks | Riyadh | 1957 | Islamic bank | P | A |
Arab National Bank | Financials | Banks | Riyadh | 1979 | Bank | P | A |
Arabian Machinery and Heavy Equipment Company | Industrials | Heavy equipment | Khobar | 2006 | P | A | |
Arabian Shield Cooperative Insurance Company | Financials | Full line insurance | Riyadh | 2007 | Insurance | P | A |
Bahri | Transportation | Marine transportation | Riyadh | 1978 | Shipping line | P | A |
Bin Quraya | Industrials | Specialty retailers | Dhahran | 1975 | Industrial vehicle rentals | P | A |
Civil and Electrical Projects Contracting Company | Industrials | Heavy construction | Jeddah | 1977 | Construction | P | A |
Dallah Al-Baraka | Conglomerates | - | Jeddah | 1969 | Financials, health care, industrials, logistics | P | A |
Dar Al-Arkan Real Estate Development Company | Financials | Real estate holding & development | Riyadh | 1994 | Development | P | A |
E. A. Juffali and Brothers | Conglomerates | - | Jeddah | 1946 | Power, telecommunications, industrials | P | A |
Flynas | Consumer services | Airlines | Riyadh | 2007 | Low-cost airline, formerly named Nas Air | P | A |
Haji Husein Alireza & Co. Ltd. | Conglomerates | - | Jeddah | 1906 | Food & beverage, construction, consumer goods | P | A |
House of Alireza | Conglomerates | - | Khobar[6] | 1845 | Construction, real estate, shipping | P | A |
Integrated Telecom Company | Telecommunications | Fixed line telecommunications | Riyadh[7] | 2005 | Telecom, ISP, part of Mawarid Holding | P | A |
Islamic Development Bank | Financials | Banks | Jeddah | 1975 | Financing | P | A |
Jadwa Investment | Financials | Investment services | Riyadh | 2006 | Investment services | P | A |
Jarir Bookstore | Consumer services | Specialty retailers | Riyadh | 1979 | Books | P | A |
King Fahd Complex for the Printing of the Holy Quran | Consumer services | Publishing | Medina | 1985 | Publishing | P | A |
Kingdom Holding Company | Conglomerates | - | Riyadh | 1980 | Financials, tourism, media, oil & gas, technology | P | A |
Kudu | Consumer services | Restaurants & bars | Riyadh[8] | 1988 | Fast food restaurants | P | A |
Maaden | Basic materials | General mining | Riyadh | 1997 | State-owned mining | S | A |
Mawarid Holding | Conglomerates | - | Riyadh | 1968 | Financials, telecommunications, media, industrials | P | A |
Nadec | Consumer goods | Food products | Riyadh | 1981 | Agriculture and food-processing | P | A |
Nama Chemicals | Basic materials | Specialty chemicals | Jubail | 1992 | Chemical products | P | A |
National Commercial Bank | Financials | Banks | Jeddah | 1953 | Bank | P | A |
Okaz | Consumer services | Publishing | Jeddah | 1960 | Newspaper | P | A |
The Olayan Group | Conglomerates | - | Riyadh[9] | 1947 | Construction, food & beverage, industrials | P | A |
Omrania and Associates | Industrials | Business support services | Riyadh | 1973[10] | Architecture | P | A |
Panda Retail Company | Consumer services | Food retailers & wholesalers | Riyadh | 1978 | Grocery, part of Savola Group | P | A |
Petro Rabigh | Oil and gas | Exploration & production | Rabigh | 2005 | Refining and marketing | P | A |
Qaym | Consumer services | Broadcasting & entertainment | Riyadh | 2006 | Reviews | P | A |
Rezayat | Conglomerates | - | Khobar | 1949 | Industrials, financials, technology, oil & gas | P | A |
Riyad Bank | Financials | Banks | Riyadh | 1957 | Bank | P | A |
SABIC | Basic materials | Specialty chemicals | Riyadh | 1976 | Chemicals and metals | P | A |
SACO Hardware | Consumer services | Home improvement retailers | Riyadh | 1985 | Hardware retailing and wholesaling | P | A |
Samba Financial Group | Financials | Banks | Riyadh | 1980 | Bank | P | A |
Saudi Aramco | Oil and gas | Exploration & production | Dhahran | 1933 | State oil & gas | S | A |
Dussur | Financials | Investment services | Riyadh | 2014 | Investment/Industrial development | S | A |
Saudi Binladin Group | Industrials | Heavy construction | Jeddah | 1931 | Construction conglomerate | P | A |
Saudi Electricity Company | Utilities | Electricity | Riyadh | 2000 | Electric generation and distribution | S | A |
Saudi Oger | Industrials | Heavy construction | Riyadh | 1978 | Construction, defunct 2017 | P | D |
Saudi Arabia Railways | Railroad | Riyadh | 2006 | P | A | ||
Saudi Railways Organization | Railroad | 1966 | P | D | |||
Saudi Readymix Concrete Company | Industrials | Building materials & fixtures | Khobar | 1978 | Concrete | P | A |
Saudi Telecom Company | Telecommunications | Fixed line telecommunications | Riyadh | 1998 | Telecom, ISP | P | A |
Saudia | Consumer services | Airlines | Jeddah | 1945 | Also known as Saudi Arabian Airlines | P | A |
Saudia Dairy and Foodstuff Co. | Agriculture | Dairy | Jeddah | 1976 | Has two factories in Jeddah and one in Dammam | P | A |
Savola Group | Consumer goods | Food products | Jeddah | 1979 | Food manufacturing, grocery and restaurants | P | A |
Siemens Saudi Arabia | Industrials | Business support services | Riyadh | 1999 | Industrial support, engineering | P | A |
The Saudi British Bank | Financials | Banks | Riyadh | 1978 | Bank, associated with HSBC (UK) | P | A |
Tasali Snack Foods | Consumer goods | Food products | P | A | |||
Xenel | Conglomerates | - | Jeddah | 1973 | Energy, industrials, financials | P | A |
Zamil Steel Holding | Industrials | Building materials & fixtures | Dammam | 1977 | Steel and construction materials | P | A |
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