Forbes Middle East revealed its annual classification of the 100 most powerful public companies for the year 2025, which included 12 Qatari companies, to highlight the strongest companies in the region in terms of size, market value and profitability.
The Gulf companies topped 91 companies, and the companies were classified according to the following standards with equal relative weights: sales, total assets and net profits for 2024, in addition to the market value that was calculated based on market closures on April 25, 2025. The companies that are equal in total points are in the same order.
Forbes ruled out companies that did not disclose their collected and audited financial lists for 2024, until April 25, 2025. Foreign exchange rates were also adopted in the same date.
The Gulf Cooperation Council countries still dominate the list by representing 91 companies, topped by the UAE with 33 companies, followed by Saudi Arabia with 30 companies, and Qatar with 12 companies. The list also includes 10 companies from Kuwait, 4 companies for Morocco and the Sultanate of Oman, 3 companies from Egypt, and two companies for Jordan and Bahrain.
Forbes research showed that the list companies witnessed a slight decline in their net profits during the past year, by 1.2% to record 237.4 billion dollars. The market value also decreased by 3.6% to $ 3.5 trillion, according to market closures on April 25, 2025. However, sales grew for 100 companies by 12.2% to record $ 1.1 trillion, and a total of $ 5.4 trillion, at a growth rate of 10.8% compared to the list last year, indicating the expansion of business and long -term investments.
The banking and financial services sector is still the most representative of 45 companies, with total assets of $ 3.6 trillion. Following the industry and communications sectors with 9 companies each. However, the energy sector is still representing 6 companies, the most profitable of about $ 114 billion.
The list highlighted the largest, most valuable and profitable Qatari companies, which came as follows:
The QNB Group ranked third in the ranking and the first at the level of the Qatari companies mentioned in the list. QNB provides an integrated set of investment banking services through its subsidiary QNB Capital for companies, government agencies and institutions in Qatar and abroad. Through its branches and subsidiaries, it is found in more than 28 countries and three continents around the world, as it provides the latest services and banking products to its customers. More than 28,000 employees work in the group through 900 branches and a representative office, in addition to a wide network of ATMs in excess of 4,800 devices.
Qatar Islamic Bank, “Bank”, ranked 32nd Middle East and the second at the level of the Qatari companies received in the list. The “bank” is the second largest bank in Qatar with a market share of 10% of assets, financing and deposits. The bank also acquired a credit formation AA -from Capital Antegas, A1 from Modes and – from Vetch and provides its services in the local market from 23 branches and more than 170 ATMs. It is currently about 36% of the Islamic banking sector in the country.
It ranked 33rd Middle East and third at the level of the Qatari companies mentioned in the list «Ooredoo) and the group focuses on three business lines (mobile communications for individuals, propanding service for individuals, and business) along three geographical regions (Middle East, North Africa and Southeast Asia).
Qatar Industries ranked 37th in the Middle East and the fourth at the level of the Qatari companies mentioned in the list, and includes the group of Qatar Industries Companies: Qatar Petrochemical Company (QAPCO)- Qatar Petroleum Additions Ltd.
As for the Commercial Bank, it ranked 47th regional and the fifth locally, as the bank plays a vital role in economic development in the State of Qatar by providing a set of personal, commercial, governmental, international and investment banking services, and provides banking services for individuals and banking services to companies. The bank also makes strategic investments through associate companies and its subsidiaries.
In the context, Al -Rayyan Bank came in the 50th and sixth east position locally, while Dukhan Bank ranked 62nds in the region and the seventh in Qatar, and “Naultes” ranked 72nd regional and eighth locally, while Qatar International Islamic Bank (QIIB) ranked 76 regional and ninth locally, then Qatar Fuel “Fuel” ranked 79 regional and tenth at the local level, and in the local level, and in the local level, and in the local level The eleventh rank locally and 87 Middle East came to Doha Bank, or the twelfth rank in the ranking of local institutions, which was the share of the National Bank, which ranked 100th in the classification.
