Our Top Companies in the Middle East 2019 list recognizes some of the biggest and most successful businesses in the region. The top 100 listed companies are the largest and most profitable companies listed on the region’s stock exchanges.
The last year has been positive for business, with relative political stability and higher oil prices, as well as increased government spending. The addition of Tadawul to the MSCI alongside reforms in the ownership pattern of the Saudi stock exchange is expected to boost the Kingdom’s exchange further.
Methodology and criteria
To formulate the top 100 listed companies, we collected information from all of the 1,149 stocks from various exchanges in the region (with the exception of Iraq and Syria). We then ranked the companies on the basis of:
• Market value
• Assets and profits
Each of the criterion was given equal weight