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Business, Economy, Energy, Infographic

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco, IHC among biggest companies in Middle East

By Hilal Mir
September 18, 2023 10:01 pm
  • High representation of these sectors is due to the region's rich oil and gas reserves and its growing population and economies.
  • The Middle East is also home to a number of other significant industries, such as tourism, healthcare, and education.

Dubai, UAE — Energy, banking and financial services, and industrial sectors are well-represented among the biggest companies in the Middle East.

This is likely due to a number of factors, including the region’s rich oil and gas reserves, its growing population and economies, and its strategic location at the crossroads of Europe, Asia, and Africa.

The Middle East is also home to a number of other significant industries, such as tourism, healthcare, and education. However, these industries are typically represented by smaller companies.

TRENDS takes a look at some of the biggest companies in the region by market cap:

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