16 Qatari Firms Among Forbes’ ‘Top 100 Listed Companies 2023’ In The Middle East


The Forbes “Top 100 Listed Companies 2023” list included 16 Qatari firms, with the Qatar National Bank (QNB) taking third place for the second year in a row.

A total of 16 Qatari businesses made it on the list

Aramco, the energy corporation based in Saudi Arabia, came in first on the list, followed by SABIC and QNB of Doha. The Dukhan Bank in Doha was one of the other “newly-listed” organisations.

GCC nations make up 91% of the list, with Saudi Arabia having the most entries (33), followed by the UAE (28), Qatar (16), and Kuwait (9), according to Forbes.

Forbes said that QNB had a market value of $38.8 billion, $18.4 billion in sales, $4 billion in profits, and $326.7 billion in assets. More than 27 million customers are served by the bank, which has 28,000 employees.

Other Qatari companies included:

23. Industries Qatar

27. Qatar Islamic Bank

30. Ooredoo Group

35. Commercial Bank

44. Masraf Al Rayan

61. Dukhan Bank

65. Qatar Fuel

67. Nakilat

74. Qatar Electricity & Water Company

75. Qatar International Islamic Bank

85. Barwa Real Estate Group

89. Doha Bank

97. Ahlibank

98. Mesaieed Petrochemical Holding Company

99. Qatar Navigation


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