RIYADH: Energy giant Saudi Aramco has retained the top spot in Forbes Middle East’s Top 100 listed companies for 2024, with $660.8 billion in assets and $1.9 trillion in market value.
The firm was followed by Saudi National Bank, the largest commercial financial institution in the Kingdom. The body has $276.6 billion in assets and $59.1 in market value.
UAE-based International Holding Co. and Qatar National Bank Group grabbed the third and fourth spots, respectively.
The ranking comes just days after Aramco announced its second public offering of 1.545 billion shares worth more than $11 billion, one of the biggest such stock sales in recent years.
On June 9, the energy giant revealed that following the completion of…
