Market Value: $2.4 billion
Batelco operates across 12 countries, including Jordan, Saudi Arabia, Egypt, Yemen, Maldives, Jersey, Diego Garcia, Ascension Island, and the Falkland Islands. The company is listed on the Bahrain Bourse. Bahrain Mumtalakat Holding Company is the main shareholder with a 36.7% stake, followed by the British Amber Holding Company with 20%. The company’s net profit at the end of 2021 increased by 16.7%, reaching $197.6 million compared to $169.2 million at the end of 2020.