Top 20 Companies in Saudi Arabia: Leading Corporations Driving Economic Growth and Innovation

Introduction

Saudi Arabia, known for its vast oil reserves and pivotal role in the global energy market, is home to some of the most influential companies in the world. These companies span a wide range of industries, from the iconic Saudi Aramco in the oil and gas sector to leading financial institutions like Al Rajhi Bank and the National Commercial Bank. The kingdom’s economic landscape is marked by its robust industrial base, thriving banking sector, and burgeoning telecommunications industry.

This list of the top 20 companies in Saudi Arabia showcases the major players that are driving the nation’s economic growth and diversification efforts. These companies not only contribute significantly to the national GDP but also play crucial roles in the global market. From the petrochemical giants like SABIC to food and beverage leaders such as Almarai, these corporations represent the dynamic and diverse nature of Saudi Arabia’s economy. Explore the key details about each company, including their revenue, founding year, and sector, to understand the pillars of Saudi Arabia’s economic strength and future potential.

Top 20 Companies in Saudi Arabia

  1. Saudi Aramco
  • Revenue: $329.8 billion
  • Founded: 1933
  • Sector: Oil and Gas
  1. Saudi Basic Industries Corporation (SABIC)
  • Revenue: $31.4 billion
  • Founded: 1976
  • Sector: Chemicals
  1. Saudi Electricity Company (SEC)
  • Revenue: $17.3 billion
  • Founded: 2000
  • Sector: Utilities
  1. Al Rajhi Bank
  • Revenue: $11.2 billion
  • Founded: 1957
  • Sector: Banking
  1. Saudi Telecom Company (STC)
  • Revenue: $15.6 billion
  • Founded: 1998
  • Sector: Telecommunications
  1. National Commercial Bank (NCB)
  • Revenue: $8.3 billion
  • Founded: 1953
  • Sector: Banking
  1. Riyad Bank
  • Revenue: $4.2 billion
  • Founded: 1957
  • Sector: Banking
  1. Saudi Arabian Mining Company (Ma’aden)
  • Revenue: $5.3 billion
  • Founded: 1997
  • Sector: Mining
  1. Banque Saudi Fransi
  • Revenue: $3.8 billion
  • Founded: 1977
  • Sector: Banking
  1. Saudi British Bank (SABB)
    • Revenue: $3.7 billion
    • Founded: 1978
    • Sector: Banking
  2. Arab National Bank (ANB)
    • Revenue: $3.5 billion
    • Founded: 1979
    • Sector: Banking
  3. Alinma Bank
    • Revenue: $2.8 billion
    • Founded: 2006
    • Sector: Banking
  4. Mobily (Etihad Etisalat)
    • Revenue: $3.2 billion
    • Founded: 2004
    • Sector: Telecommunications
  5. Yanbu National Petrochemical Company (Yansab)
    • Revenue: $2.6 billion
    • Founded: 2006
    • Sector: Chemicals
  6. Saudi Kayan Petrochemical Company
    • Revenue: $2.5 billion
    • Founded: 2007
    • Sector: Chemicals
  7. Savola Group
    • Revenue: $5.5 billion
    • Founded: 1979
    • Sector: Food and Beverages
  8. Saudi Investment Bank (SAIB)
    • Revenue: $2 billion
    • Founded: 1976
    • Sector: Banking
  9. Jarir Marketing Company
    • Revenue: $2.1 billion
    • Founded: 1979
    • Sector: Retail
  10. Almarai
    • Revenue: $4 billion
    • Founded: 1977
    • Sector: Food and Beverages
  11. Petro Rabigh
    • Revenue: $6.4 billion
    • Founded: 2005
    • Sector: Chemicals
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