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Friday, 27 November 2009 | 07:37 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.

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# COMPANY COUNTRY INDUSTRY MARKET CAP SHARE PRICE
1IFA Hotels and Resorts - KuwaitKuwaitHotel Management796.28
Million		1.75
2National Corporation for Tourism and HotelsUAEHotel Management248.58
Million		2.26
3Zara Investment Holding CompanyJordanHotel Management247.52
Million		1.98
4Gulf Hotels GroupBahrainHotel Management226.55
Million		1.66
5Jordan Projects for Tourism DevelopmentJordanHotel Management180.94
Million		8.42
6Mediterranean Tourism Investment CompanyJordanHotel Management127.93
Million		2.84
7National Hotels CompanyBahrainHotel Management118.05
Million		1.18
8Jordan Hotels and Tourism CompanyJordanHotel Management117.96
Million		11.80
9Arab International Hotels Company JordanHotel Management91.88
Million		2.87
10Gulf Hotels Company OmanHotel Management91.78
Million		26.77
11International Investment Projects CompanyKuwaitHotel Management81.31
Million		0.14
12Tijara and Real Estate Investment CompanyKuwaitHotel Management68.76
Million		0.18
13Kuwait Resorts CompanyKuwaitHotel Management51.87
Million		0.28
14Kuwait Hotels CompanyKuwaitHotel Management49.21
Million		0.89
15Oman Hotels and Tourism CompanyOmanHotel Management47.77
Million		9.55
16Banader Hotels CompanyBahrainHotel Management26.26
Million		0.18
17Salalah Beach ResortOmanHotel Management23.22
Million		3.71
18Dhofar Tourism CompanyOmanHotel Management21.82
Million		2.73
19Winter Valley Tourism InvestmentJordanHotel Management13.44
Million		1.34
20Al Rakaez Investment CompanyJordanHotel Management10.47
Million		1.05
21Al Batinah Hotels CompanyOmanHotel Management7.79
Million		7.79
22Zahrat Alurdon for Hotel and Real Estate InvestmentsJordanHotel Management1.34
Million		2.67
23Interior Hotels CompanyOmanHotel Management0.00
Million		0.00
24Jordan Himmeh MineralJordanHotel Management0.00
Million		0.00
25Al Buraimi Hotel CompanyOmanHotel Management0.00
Million		0.00
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