Top 50 Companies in Saudi Arabia Economic Landscape -

Saudi Arabia, a nation known for its rich history, vast deserts, and vibrant culture, has also emerged as a powerhouse in the global economic arena. With a strategic focus on diversifying its economy, the Kingdom has witnessed a surge in the growth of various industries. In this blog post, we will explore the top 50 companies in Saudi Arabia that are playing a pivotal role in shaping Saudi Arabia’s economic landscape.

Top 50 companies in Saudi Arabia

1. Saudi Aramco:

Undoubtedly, Saudi Aramco, the world’s largest oil company, stands tall as the cornerstone of Saudi Arabia’s economic strength. With its vast oil reserves, the company has been a key player in the global energy market.

2. SABIC (Saudi Basic Industries Corporation):

As one of the largest petrochemical companies globally, SABIC has been a driving force behind Saudi Arabia’s economic diversification strategy.

3. Saudi Telecom Company (STC):

STC, the leading telecom provider, has played a crucial role in advancing the Kingdom’s communication infrastructure and technology sector.

4. Saudi Electricity Company (SEC):

SEC, responsible for generating and distributing electric power, is a fundamental entity supporting the nation’s industrial and residential needs.

5. National Commercial Bank (NCB):

NCB, the largest bank in Saudi Arabia, plays a pivotal role in the country’s financial sector, providing a range of banking and financial services.

6. Riyad Bank:

Another major player in the financial sector, Riyad Bank, contributes significantly to the growth and stability of the Saudi Arabian economy.

7. Saudi Arabian Mining Company (Ma’aden):

Ma’aden, a key player in the mining industry, is contributing to the development of the country’s mineral resources and supporting its economic diversification.

8. Saudi British Bank (SABB):

SABB, a prominent bank resulting from the merger of the British Bank of the Middle East and Saudi Hollandi Bank, has a strong presence in the banking sector.

9. Al Rajhi Bank:

Al Rajhi Bank, one of the world’s largest Islamic banks, has been instrumental in fostering Islamic finance and banking services.

10. Almarai:

Almarai, the region’s largest dairy company, is making significant strides in the food and beverage sector, both domestically and internationally.

11. Saudi Arabian Airlines (SAUDIA):

SAUDIA, the national carrier, has been a vital player in connecting Saudi Arabia to the world, facilitating trade and tourism.

12. Saudi Arabian Fertilizer Company (SAFCO):

As a major fertilizer producer, SAFCO plays a crucial role in supporting agricultural development in the Kingdom.

13. Banque Saudi Fransi:

A key financial institution, Banque Saudi Fransi, contributes to the financial stability and growth of the Saudi economy.

14. Petro Rabigh:

A joint venture between Saudi Aramco and Sumitomo Chemical, Petro Rabigh is a significant player in the refining and petrochemical sector.

15. Saudi Arabian Airlines Catering:

An integral part of SAUDIA, the catering division ensures the provision of high-quality services to air travelers.

16. Saudi Arabian Amiantit Company:

A leading pipe manufacturing company, Amiantit, is at the forefront of supporting the nation’s infrastructure development.

17. Jarir Marketing Company:

Jarir Marketing, a prominent retail chain, has been a key player in the consumer electronics and office supply market.

18. Saudi Arabian Glass Company:

Specializing in glass manufacturing, this company supports various industries, including construction and automotive.

19. Saudi Arabian Chevron (SAC):

SAC, a joint venture between Chevron and Saudi Arabian Oil Company, contributes to the Kingdom’s energy sector.

20. AlJazira Capital:

AlJazira Capital is a leading investment company, playing a crucial role in shaping the financial landscape of Saudi Arabia.

21. Mouwasat Medical Services:

As a leading healthcare provider, Mouwasat Medical Services is contributing to the enhancement of healthcare infrastructure in the Kingdom.

22. Madar Farms:

An innovative agtech company, Madar Farms focuses on sustainable farming practices, contributing to food security.

23. Yamama Saudi Cement Company:

A major player in the construction industry, Yamama Saudi Cement Company supports the Kingdom’s infrastructure development.

24. Saudi Paper Manufacturing Company (SPMC):

SPMC, a paper and packaging company, plays a vital role in meeting the packaging needs of various industries.

25. Tadawul:

Tadawul, the Saudi Stock Exchange, serves as a crucial platform for trading and investment in the Saudi financial market.

26. Saudi Industrial Investment Group (SIIG):

SIIG is involved in various industrial sectors, contributing to the diversification of Saudi Arabia’s economy.

27. Saudi Printing and Packaging Company (SPPC):

SPPC is a key player in the printing and packaging industry, supporting the marketing and branding needs of businesses.

28. Bank AlBilad:

Bank AlBilad is a significant financial institution, providing a range of banking and financial services to individuals and businesses.

29. Astra Polymers:

Astra Polymers is a leading player in the petrochemical industry, contributing to the production of high-quality plastic products.

30. Saudi Research and Marketing Group (SRMG):

SRMG is a media and publishing giant, with a diverse portfolio of newspapers, magazines, and digital platforms.

31. Saudi Arabian Saipem Ltd.:

A subsidiary of Saipem S.p.A, this company is involved in engineering, procurement, construction, and installation services in the energy sector.

32. Zamil Industrial Investment Company:

Zamil Industrial is a diversified business conglomerate with interests in various industries, including steel, air conditioning, and construction.

33. Saudi Investment Bank (SAIB):

SAIB is a leading financial institution, offering a wide range of banking and investment services.

34. Almarai Dairy Farm Company:

A subsidiary of Almarai, this company focuses on dairy farming, ensuring a sustainable and consistent supply of milk.

35. ACWA Power:

ACWA Power is a major player in the energy sector, specializing in power generation and water desalination projects.

36. Saudi Arabian Chevron Phillips Company:

A joint venture between Chevron Phillips Chemical Company and Saudi Industrial Investment Group, this company is involved in petrochemical production.

37. Saudi Reinsurance Company (Saudi Re):

Saudi Re is a leading reinsurance company, providing risk management solutions to insurance companies in the Kingdom and beyond.

38. Saudi Arabian Mining Company (Ma’aden Gold and Base Metals Company):

A subsidiary of Ma’aden, this company focuses on the exploration, development, and production of gold and base metals.

39. National Shipping Company of Saudi Arabia (Bahri):

Bahri is a transportation and logistics company, contributing to the efficient movement of goods across the globe.

40. Alinma Bank:

Alinma Bank is a key Islamic bank, offering a range of banking and financial products in adherence to Islamic principles.

41. Saudi Real Estate Company (Al Akaria):

Al Akaria is a major player in the real estate sector, involved in the development and management of residential and commercial properties.

42. Saudi Airlines Cargo Company:

The cargo division of SAUDIA, this company is crucial for the transportation of goods, enhancing trade links globally.

43. Red Sea Development Company:

Tasked with developing the Red Sea Project, this company is driving the growth of tourism and hospitality in Saudi Arabia.

44. Saudi Investment Company (SICO):

SICO is an investment company with interests in various sectors, contributing to the development of the Saudi economy.

45. Saudi Arabian Chevron Phillips Company:

A joint venture between Chevron Phillips Chemical Company and Saudi Industrial Investment Group, this company focuses on petrochemical production.

46. Saudi Arabian Mining Company (Ma’aden Gold and Base Metals Company):