With the exception of Oman, the ranking is represented by every GCC nation, though Egypt reigns supreme. The UAE’s Emirate Integrated Telecommunications leads in two key categories, posting eye-opening growth of 1,681% in average earnings per share and 32.3% average asset growth. Return on equity is a heavily highly competitive measurable with nearly all companies ranked posting somewhat comparable results. National Mobile Telecommunications Company of Kuwait emerged victorious however, with a ratio of 45% for 2011. Orascom Telecom Holding, Egypt, finds itself atop the grouping with a strong showing across the board. Despite Orascom’s solid 80% average market cap growth, Kuwait’s Zain Group bested the ranking with 86%.