31. Ooredoo Group

Country: Qatar
Sector: Telecommunications
Group CEO: Aziz Aluthman Fakhroo
Market Value: $8.8 billion
Sales: $6.4 billion
Profits: $965 million
Assets: $16 billion

Ooredoo is the largest telecom company in Qatar. It had more than 58.5 million customers as of March 2024, reaching 159.3 million customers including its joint venture Indosat Ooredoo Hutchison. In December 2023, Ooredoo Group, Zain Group, and TASC Towers Holding signed a definitive agreement to create the largest tower company in the MENA region, valued at $2.2 billion. Qatar Investment Authority owns a 53.28% stake in the group.