GCC BANKS DOM­I­NATE FORBES LIST

Qatar Today - - BUSINESS > BANK NOTES -

In what should come as no sur­prise, six of the top 10 com­pa­nies in the Arab World for 2015 are from GCC's bank­ing and fi­nan­cial ser­vices sec­tor. Of them, three are from the UAE, two from Saudi Ara­bia and one from Qatar.

Forbes has an­a­lysed 1,245 listed com­pa­nies in Arab stock mar­kets. They ex­cluded com­pa­nies that failed to re­port their prof­its from 2014 and com­pa­nies from coun­tries ex­pe­ri­enc­ing po­lit­i­cal strife or war. The rank­ings were awarded based on rev­enues, net earn­ings, as­sets, and mar­ket val­u­a­tion, with each met­ric equally weighted.

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