Forbes unveiled the 2020 Global 2000 list, which includes the world’s largest public companies based on asset value, market value, net profit and revenues.

 

The list included 40 Arab companies, led by Saudi Aramco which also ranked 5th worldwide.

 

Aramco was the world’s largest company with a market valueof $1.68 trillion. Microsoft and Apple followed with $1.36 trillion and $1.29 trillion in market value, respectively.

 

Saudi players accounted for 14 out of the 40 Arab companies in the list. Major petrochemical producer, SABIC took the third place among Arab companies and the 212th rank worldwide. STC, which came fifth among Arab companies, was the 335th worldwide.

 

Saudi Rank

Company

Arab Rank

Global Rank

1

Saudi Aramco

1

5

2

SABIC

3

212

3

STC

5

335

4

NCB

8

396

5

Al Rajhi Bank

9

473

6

SEC

10

590

7

Riyad Bank

12

709

8

Samba

15

780

9

SABB

17

814

10

Banque Saudi Fransi

19

934

11

ANB

22

1013

12

Alinma Bank

23

1124

13

Maaden

34

1508

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