Despite the Middle East’s growing reputation as a shopping haven, just 10 companies feature in this retail sector ranking. KSA dominates the sector with 6 companies making it into the list. Jarir Bookstore ranks in first place, recording the highest average growth in market capitalization as well as the highest return on equity for 2011 with ratios of 42% and 15.1%, respectively. KSA’s Al Hokair Group ranks in second place, while Othaim Markets also from KSA comes in third recording the highest average asset growth at 21%. Kuwait was the only other country to feature, with four companies in fourth, sixth, eighth and ninth place.