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Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

Aramco, IHC among biggest companies in Middle East

  • 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: