8. Riyad Bank

Country: Saudi Arabia
President and CEO: Nadir Al-Koraya
Market value: $24.5 billion

Riyad Bank operates 335 branches in Saudi Arabia, in addition to a branch in the U.K., an agency in the U.S., and a representative office in Singapore as of December 2023. Its total assets reached $103.2 billion in 2023, with a net profit of $2.1 billion. In May 2023, Riyad Bank signed an agreement with NEOM to finance the $800 million Sindalah Island development project. In July, The bank launched a $1 billion credit portfolio to finance organizations working in the communications and IT sector.