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List of companies of Saudi Arabia

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Location of Saudi Arabia

Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry.[1][2] The country plans to reduce oil-based revenues to 42% by 2023.[3] A considerable proportion of Saudi companies are owned by families, including the royal family.

Public companies are listed on the Tadawul. For further information on the types of business entities in this country and their abbreviations, see "Business entities in Saudi Arabia".

Largest firms

This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2017.[4] Only the top five firms (if available) are included as a sample.

Rank Image Name 2016 Revenues (USD $M) Employees Notes
299 SABIC $35,421 35,000 The Saudi Basic Industries Corporation is a diversified chemicals, industrial polymers, fertilizers, and metals company. Majority state-owned and headquartered in Riyadh, subsidiaries include Hadeed (steel), SAFCO (fertilizers), and the Yanbu National Petrochemical Company.

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
Status: P=Private, S=State; A=Active, D=Defunct
Name Industry Sector Headquarters Founded Notes Status
   
A. A. Turki Group Conglomerates - Dammam 1950 Has 23 various divisions, joint ventures and standalone companies P A
Abdulla Fouad Group of Companies Conglomerates - Dammam 1947 Began as a small construction company P A
Advanced Electronics Company Limited Industrials Electronic Equipment Riyadh 1988 Electronics research and manufacturing P A
Ahmad Hamad Al Gosaibi & Brothers Conglomerates - Khobar[5] 1940 Real estate, food & beverage, hospitality P A
Al Baik Consumer services Restaurants & bars Jeddah 1974 Fast food restaurants P A
Al Bilad Bank Financials Banks Riyadh 2004 Islamic bank P A
Al Faisaliah Group Conglomerates - Riyadh 1970 Food & beverage, consumer goods, media, chemicals P A
Al Madina Consumer services Publishing Jeddah 1937 Newspaper P A
Al Riyadh Consumer services Publishing Riyadh 1965 Newspaper P A
Al Shoula Group Conglomerates - Riyadh 1970 Insurance, real estate, defense P A
Al Tazaj Consumer services Restaurants & bars Jeddah 1989 Fast-casual restaurants P A
Al Yaum Consumer services Publishing Dammam 1965 Newspaper P A
Al-Bilad Consumer services Publishing Jeddah 1932 Newspaper P A
Al Bayan Holding Group Conglomerates Consumer Discretionary Riyadh 1980 P A
Alawwal Bank Financials Banks Riyadh 1926 Bank, formerly Saudi Hollandi Bank P A
Alinma Bank Financials Banks Riyadh 2006 Bank P A
Almarai Consumer goods Food products Riyadh 1977 Dairy P A
Al-Muhaidib Conglomerates - Dammam 1946 Food, retail, industrials, financials, energy P A
Al-Rajhi Bank Financials Banks Riyadh 1957 Islamic bank P A
Arab National Bank Financials Banks Riyadh 1979 Bank P A
Bahri Shipping Riyadh 1978 P A
Bin Quraya Industrials Commercial vehicles & trucks Dhahran 1975 Industrial vehicle rentals P A
Civil and Electrical Projects Contracting Company Industrials Building materials & fixtures Jeddah 1977 Construction P A
Dallah Al-Baraka Conglomerates - Jeddah 1969 Financials, health care, industrials, logistics P A
Dar Al-Arkan Real Estate Development Company Financials Real estate holding & development Riyadh 1994 Development P A
E. A. Juffali and Brothers Conglomerates - Jeddah 1946 Power, telecommunications, industrials P A
Flynas Consumer services Airlines Riyadh 2007 Low-cost airline, formerly named Nas Air P A
Haji Husein Alireza & Co. Ltd. Conglomerates - Jeddah 1906 Food & beverage, construction, consumer goods P A
House of Alireza Conglomerates - Khobar[6] 1845 Construction, real estate, shipping P A
Integrated Telecom Company Telecommunications Fixed line telecommunications Riyadh[7] 2005 Telecom, ISP, part of Mawarid Holding P A
Islamic Development Bank Financials Banks Jeddah 1975 Financing P A
Jadwa Investment Financials Investment services Riyadh 2006 Investment services P A
Jarir Bookstore Consumer services Specialty retailers Riyadh 1979 Books P A
King Fahd Complex for the Printing of the Holy Quran Consumer services Publishing Medina 1985 Publishing P A
Kingdom Holding Company Conglomerates - Riyadh 1980 Financials, tourism, media, oil & gas, technology P A
Kudu Consumer services Restaurants & bars Riyadh[8] 1988 Fast food restaurants P A
Maaden Basic materials General mining Riyadh 1997 State-owned mining S A
Mawarid Holding Conglomerates - Riyadh 1968 Financials, telecommunications, media, industrials P A
Mobily Telecommunications Mobile telecommunications Riyadh[9] 2004 Mobile and fixed line telecom P A
Nadec Consumer goods Food products Riyadh 1981 Agriculture and food-processing P A
Nama Chemicals Basic materials Specialty chemicals Jubail 1992 Chemical products P A
National Commercial Bank Financials Banks Jeddah 1953 Bank P A
Okaz Consumer services Publishing Jeddah 1960 Newspaper P A
Olayan Group Conglomerates - Riyadh[10] 1947 Construction, food & beverage, industrials P A
Omrania and Associates Industrials Business support services Riyadh 1973[11] Architecture P A
Panda Retail Company Consumer services Food retailers & wholesalers Riyadh 1978 Grocery, part of Savola Group P A
Petro Rabigh Oil and gas Exploration & production Rabigh 2005 Refining and marketing P A
Qaym Consumer services Broadcasting & entertainment Riyadh 2006 Reviews P A
Rezayat Conglomerates - Khobar 1949 Industrials, financials, technology, oil & gas P A
Riyad Bank Financials Banks Riyadh 1957 Bank P A
SABIC Basic materials Specialty chemicals Riyadh 1976 Chemicals and metals P A
SACO Hardware Consumer services Home improvement retailers Riyadh 1985 Hardware retailing and wholesaling P A
Samba Financial Group Financials Banks Riyadh 1980 Bank P A
Saudi Aramco Oil and gas Exploration & production Dhahran 1933 State oil & gas S A
Saudi Arabian Industrial Investments Company (Dussur) Investment/Industrial development Riyadh 2014 S A
Saudi Binladin Group Industrials Heavy construction Jeddah 1931 Construction conglomerate P A
Saudi International Petrochemical Company Oil and gas Exploration & production Jubail 1999 Petrochemicals P A
Saudi Oger Industrials Heavy construction Riyadh 1978 Construction, defunct 2017 P D
Saudi Railway Company Railroad Riyadh 2006 P D
Saudi Railways Organization Railroad 1966 P D
Saudi Readymix Concrete Company Industrials Building materials & fixtures Khobar 1978 Concrete P A
Saudi Telecom Company Telecommunications Fixed line telecommunications Riyadh 1998 Telecom, ISP P A
Saudia Consumer services Airlines Jeddah 1945 Also known as Saudi Arabian Airlines P A
Savola Group Consumer goods Food products Jeddah 1979 Food manufacturing, grocery and restaurants P A
Siemens Saudi Arabia Industrials Business support services Riyadh 1999 Industrial support, engineering P A
The Saudi British Bank Financials Banks Riyadh 1978 Bank, associated with HSBC (UK) P A
Tasali Snack Foods Consumer goods Food products P A
Weqaya Financials Full line insurance Riyadh 2009 Insurance P A
Xenel Conglomerates - Jeddah 1973 Energy, industrials, financials P A
Yanbu National Petrochemical Company Oil and gas Exploration & production Yanbu 2006 Petrochemical complex P A
Zain Saudi Arabia Telecommunications Mobile telecommunications Riyadh 2008 Mobile network P A
Zamil Steel Holding Industrials Building materials & fixtures Dammam 1977 Steel and construction materials P A

See also

References

  1. ^ "An expansionary budget with focus on diversification". Saudi Gazette. 2017-12-20. Retrieved 2018-01-07.
  2. ^ Karen Gilchrist (2017-09-07). "Saudi Arabia is reportedly revising its ambitious plans to change its economy". Cnbc.com. Retrieved 2018-01-07.
  3. ^ "oil prices: Saudi to slash oil dependence to less than half of budget - The Economic Times". Economictimes.indiatimes.com. 2017-12-20. Retrieved 2018-01-07.
  4. ^ DeCarlo, Scott (20 July 2017). "The Fortune 2017 Global 500". Fortune.
  5. ^ "A. H. Algosaibi & Bros. Co.: Private Company Information". Bloomberg. Retrieved 2017-12-17.
  6. ^ "Alireza Group: Private Company Information". Bloomberg. Retrieved 2017-12-17.
  7. ^ "Integrated Telecom Company: Private Company Information". Bloomberg. Retrieved 2017-12-17.
  8. ^ "Kudu Co.: Private Company Information". Bloomberg. Retrieved 2017-12-17.
  9. ^ "Mobily on the Forbes Global 2000 List". Forbes.com. Retrieved 2017-12-17.
  10. ^ "The Olayan Group: Private Company Information". Bloomberg. 2017-03-17. Retrieved 2017-12-17.
  11. ^ "Who We Are". Omrania. Retrieved 2017-12-17.