Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...

is a sovereign Arab state in

Western Asia Western Asia, West Asia, or Southwest Asia, is the westernmost subregion of the larger geographical region of Asia, as defined by some academics, UN bodies and other institutions. It is almost entirely a part of the Middle East, and includes Ana ...

constituting the bulk of the Arabian Peninsula. The country's

command economy A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, p ...

is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry. The country plans to reduce oil-based revenues to 42% by 2023. A considerable proportion of Saudi companies are owned by families, including the royal family. Public companies are listed on the

Tadawul Saudi Stock Exchange () or Tadāwul () is a stock exchange in Saudi Arabia. Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an inf ...

. For further information on the types of business entities in this country and their abbreviations, see " Business entities in Saudi Arabia".

Largest firms

This list shows firms in the

Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed onl ...

, which ranks firms by total revenues reported before 31 March 2017. Only the top five firms (if available) are included as a sample.

Notable firms

This list includes notable

companies A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...

with primary headquarters located in the country. The industry and sector follow the

Industry Classification Benchmark The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The I ...

taxonomy. Organizations which have ceased operations are included and noted as defunct. File:AramcoCoreArea.jpg, Saudi Aramco in

Dhahran Dhahran ( ar, الظهران, ''Al-Dhahran'') is a city located in the Eastern Province, Saudi Arabia. With a total population of 240,742 as of 2021, it is a major administrative center for the Saudi oil industry. Together with the nearby citi ...

. File:Flynas A320-200 VP-CXR DXB 2014-11-22.jpg, Flynas Airbus A320-214 at

Dubai International Airport Dubai International Airport ( ar, مطار دبي الدولي) is the primary international airport serving Dubai, United Arab Emirates, and is the world's busiest airport by international passenger traffic. It is also the nineteenth-busies ...

. File:Bank Albilad Head office - Riyadh - Saudi Arabia.jpg, Al Bilad Bank head office in

Riyadh Riyadh (, ar, الرياض, 'ar-Riyāḍ, lit.: 'The Gardens' Najdi pronunciation: ), formerly known as Hajr al-Yamamah, is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of th ...

References

{{Asia topic, List of companies of

Largest firms

Notable firms

See also

References