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Business, Economy, Energy, Infographic

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

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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