1. QNB Group

Group CEO: Abdulla Mubarak Al-Khalifa

Country: Qatar

Sales: $13.5 billion • Profits: $3.3 billion

Assets: $281.6 billion • Market value: $45.2 billion The QNB Group is the Middle East and Africa’s biggest bank in terms of assets. When it was established in 1964, it was Qatar’s first locallyowned commercial bank. The Qatar Investment Authority owns more than 50% of QNB’s shares. The bank operates in 31 countries either directly or through its subsidiaries. Over the last year, the bank’s assets grew by 9%, but net profit fell 16%. Abdulla Mubarak Al-Khalifa became acting CEO in November 2018 and CEO in 2019. He is also a board member at Ooredoo.