Forbes Middle East’s Top 100 Listed Companies

Economic uncertainty has cast a shadow over MENA companies in recent years, with the top 100 listed companies seeing a marginal 5.1% decrease in their sales from $1.1 trillion in 2022 to $1 trillion in 2023. Their net profits also dropped by 13.5% to $240.2 billion, and their aggregate market value decreased marginally by 4.4% to $3.6 trillion as of April 2024. However, it’s not all bad news. The value of their total assets grew by 5.4% to $4.9 trillion in 2023, compared to a year earlier.