ArabianBusiness.com - Middle East Business News
Saturday, 07 November 2009 | 19:46 UAE time

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Best under a billion

For the first time in the Middle East, Arabian Business profiles the top 50 publicly traded companies in the Gulf with a market capitalisation of less than $1bn.

# COMPANY COUNTRY INDUSTRY MARKET CAP SHARE PRICE
1Qatar National Cement CompanyQatarCement991.99
Million
22.22
2Arabtec HoldingUAEEngineering Services989.88
Million
0.83
3Qatar Shipping Company - QatarQatarElectro-Mechanical Contractors985.08
Million
8.96
4Union PropertiesUAELandlord and Developers967.98
Million
0.26
5United Gulf BankBahrainAsset Management945.33
Million
1.12
6Al Salem for Investment Company JordanInvestment Banks932.86
Million
12.44
7National Bank of OmanOmanAsset Management920.96
Million
0.85
8Mena HoldingKuwaitBuilding Contractors912.59
Million
1.52
9BBKBahrainAsset Management903.34
Million
1.06
10Albaraka Banking GroupBahrainCommercial Banks892.80
Million
1.20
11National Real Estate CompanyKuwaitMulti-line854.05
Million
0.00
12Ahli Bank - QatarQatarCommercial Banks852.32
Million
13.90
13Gulf Finance House - BahrainBahrainAsset Management819.98
Million
0.42
14Kuwait International BankKuwaitInvestment Banks805.20
Million
0.78
15Raysut Cement CompanyOmanCement777.66
Million
3.89
16IFA Hotels and Resorts - KuwaitKuwaitHotel Management777.63
Million
1.71
17Istanbul Stock ExchangeTurkeySecurities Market775.56
Million
0.96
18Gulf General Investment CompanyUAEInvestment Companies770.57
Million
0.43
19The Commercial Real Estate CompanyKuwaitInvestment Funds755.46
Million
0.44
20Boubyan Petrochemical CompanyKuwaitRefining and Petrochemicals703.90
Million
1.45
21Al Buhaira National Insurance CompanyUAEInsurance Companies701.06
Million
2.80
22Qurain Petrochemical Industries CompanyKuwaitRefining and Petrochemicals699.64
Million
0.64
23Oman International BankOmanCommercial Banks690.28
Million
0.76
24Abu Dhabi National Insurance Company - UAEUAEInsurance Companies663.63
Million
1.77
25Sharjah Islamic BankUAECommercial Banks654.07
Million
0.28
26Shamil BankBahrainAsset Management644.00
Million
0.70
27Oman Cement Company OmanCement635.10
Million
1.92
28Qatar Real Estate Investment CompanyQatarInvestment Companies619.47
Million
7.17
29AramexUAEFreight Forwarding Services612.41
Million
0.46
30Mannai CorporationQatarMulti-line609.18
Million
38.46
31Jordan Cement Factories CompanyJordanCement606.58
Million
10.04
32Drake and Scull InternationalUAEElectro-Mechanical Contractors592.92
Million
0.27
33AREF Energy Holding CompanyKuwaitSchools and Nursery592.66
Million
0.79
34Commercial Bank InternationalUAECommercial Banks591.02
Million
0.44
35Gulf Holding Company - QatarQatarCement570.35
Million
4.59
36Invest BankUAECommercial Banks566.02
Million
0.49
37Bank SoharOmanCommercial Banks561.04
Million
0.56
38Jordan Kuwait BankJordanCommercial Banks558.30
Million
5.58
39Commercial Facilities CompanyKuwaitDiversified Financial Services553.65
Million
1.03
40Shell Oman Marketing CompanyOmanDistribution and Marketing540.00
Million
5.40
41SHUAA Capital - UAEUAEAsset Management530.62
Million
0.50
42Ithmaar BankBahrainAsset Management526.23
Million
0.20
43Waha CapitalUAEInvestment Companies523.27
Million
0.33
44Renaissance Services OmanMulti-line509.24
Million
1.81
45Afaq for Investment and Real Estate Development CompanyJordanMulti-line508.83
Million
6.36
46Aviation Lease and Finance CompanyKuwaitSpecialized Aviation Services495.29
Million
0.72
47Sultan Center Food Products CompanyKuwaitMulti-line493.83
Million
0.85
48AREF Investment GroupKuwaitAsset Management482.41
Million
0.45
49National Industries Company for Building MaterialsKuwaitBuilding Materials477.92
Million
1.38
50Jordan Islamic Bank for Finance and InvestmentJordanCommercial Banks469.26
Million
4.69

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