Saudi Arabia’s 10 Most Valuable Listed Companies 2026
Saudi Arabia’s 10 most valuable listed companies have a total market value of about $2.1 trillion. The biggest company, Saudi Aramco, alone makes up nearly 78% of this total value.
The banking and financial services sector is the strongest, with four companies worth $228.2 billion combined. The industrial sector comes next, with two companies worth $125.7 billion.
Below are the top 10 listed companies in Saudi Arabia in 2026:
1. Saudi Aramco
Sector: Energy
Market Value: $1.7 trillion
President & CEO: Amin H. Nasser
Saudi Aramco is the largest energy company in the world and plays a key role in Saudi Arabia’s economy. In October 2025, the company invested in an AI firm called HUMAIN. It also signed a major $11 billion deal for its gas facilities at Jafurah through its subsidiary.
In 2025, Aramco signed 51 agreements with major U.S. companies worth around $120 billion. The company reported $334.6 billion in revenue and $75.6 billion in profit during the first nine months of 2025.
2. Al Rajhi Bank
Sector: Banking & Financial Services
Market Value: $114.3 billion
CEO: Waleed Al-Mogbel
Al Rajhi Bank serves more than 20.6 million customers across Saudi Arabia. It has a large network of branches and ATMs.
In 2025, the bank’s profit grew by 25.7% to reach $6.6 billion, while total assets reached $278.2 billion. The bank signed real estate deals worth over $2.9 billion at Cityscape 2025.
It also completed several major financing deals, including an $800 million agreement with Bahri and a $1.5 billion sustainable sukuk issuance.
3. Saudi Arabian Mining Company (Maaden)
Sector: Industrials
Market Value: $80.2 billion
CEO: Bob Wilt
Maaden is the largest mining company in the Middle East. It operates 17 mines and exports its products to more than 50 countries.
In January 2026, the company added 7.8 million ounces of gold resources in Saudi Arabia. In 2025, it partnered with U.S. organizations to build a rare earth refinery.
Maaden also signed a $104.3 million contract for its Ar Rjum gold mine, which is expected to produce 3.6 million ounces over 12 years. The company reported $7.5 billion in revenue and $1.8 billion in profit in the first nine months of 2025.
4. Saudi National Bank (SNB)
Sector: Banking & Financial Services
Market Value: $71.8 billion
CEO: Tareq Al Sadhan
Saudi National Bank was created in 2021 after the merger of NCB and Samba Financial Group. It is one of the largest banks in the country.
In 2025, the bank had total assets of $322.7 billion and a net income of $6.7 billion. It expanded its Sharia-compliant financing with several major deals, including agreements with Areeb Capital and ROSHN Group.
The bank also launched a $1.3 billion financing program for small and medium businesses in November 2025.
5. stc group
Sector: Telecommunications
Market Value: $59.2 billion
CEO: Olayan Alwetaid
stc group is a leading telecom and digital services provider in Saudi Arabia. It serves more than 29 million mobile customers and over six million fixed-line users.
In December 2025, its subsidiary center3 partnered with HUMAIN to develop AI data centers. In September 2025, the company signed a $320 million deal with Red Sea Global to expand digital infrastructure.
The group reported $15.4 billion in revenue and $3.1 billion in profit in the first nine months of 2025.
6. SABIC
Sector: Industrials
Market Value: $45.5 billion
CEO: Abdulrahman Al-Fageeh
SABIC is a global chemicals company that produces a wide range of industrial products. In 2025, it recorded strong sales and introduced over 90 new products in the third quarter.
The company also launched a new chemical project in Saudi Arabia with an annual production capacity of one million metric tons.
In early 2026, SABIC sold some of its businesses in Europe and the U.S. for a total value of $950 million. Its total assets stood at $70.5 billion as of September 2025.
7. Acwa
Sector: Utilities
Market Value: $38.3 billion
CEO: Samir J. Serhan
In 2026, ACWA Power rebranded as Acwa to reflect its global growth. The company manages $115 billion in assets across 15 countries.
Acwa produces 93 gigawatts of power and supplies 9.3 million cubic meters of desalinated water every day. It is also expanding its green ammonia production.
In 2025, the company signed clean energy and financing deals worth $10 billion across regions including the GCC, China, Central Asia, and Africa.
8. Dr. Sulaiman Al Habib Medical Services Group (HMG)
Sector: Healthcare
Market Value: $24.4 billion
CEO: Faisal Al Nassar
Founded in 1995, HMG operates more than 22 hospitals and medical centers. It is one of the leading healthcare providers in Saudi Arabia.
In 2025, the group signed contracts to build three new hospitals. It also partnered with Red Sea Real Estate Company and AMAALA to manage hospitals in major projects.
The company reported $2.7 billion in revenue in the first nine months of 2025. Its founder, Sulaiman Al Habib, has an estimated net worth of $11.2 billion as of February 2026.
9. Riyad Bank
Sector: Banking & Financial Services
Market Value: $22.5 billion
CEO: Nadir Al-Koraya
Riyad Bank was established in 1957 and has 332 branches across Saudi Arabia. It also operates internationally in cities like London, Houston, and Singapore.
In 2025, the bank issued $1.25 billion in financial certificates. In January 2026, it issued another $1 billion in sustainable notes.
The bank’s total assets reached $138.5 billion in 2025. The Public Investment Fund owns a 21.75% stake in the bank.
10. Saudi Awwal Bank (SAB)
Sector: Banking & Financial Services
Market Value: $19.6 billion
CEO: Tony Cripps
Saudi Awwal Bank, founded in 1978, is one of the country’s top banks. It merged with Alawwal Bank in 2019 and changed its name in 2023.
The bank operates 100 branches and had total assets of $121.2 billion as of December 2025. In 2025, it reported a net profit of $2.3 billion.
SAB also issued two green bonds worth a total of $1.9 billion, showing its focus on sustainable finance.
Conclusion
Saudi Arabia’s largest listed companies show strong growth across key sectors like energy, banking, telecom, and industry. Saudi Aramco remains the dominant player, while banks continue to play an important role in the economy.
These companies are also expanding globally, investing in new technologies like AI, and supporting sustainable projects. Together, they reflect Saudi Arabia’s efforts to diversify its economy and build a strong future beyond oil.
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