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Qatar's Largest Companies by market capitalization, 2024

 7 months ago
source link: https://ceoworld.biz/2024/02/13/qatars-largest-companies-by-market-capitalization-2024/
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Qatar’s Largest Companies by market capitalization, 2024

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As of February 12, 2024, QATAR NATIONAL BANK is the most valuable company in Qatar, with a market cap of $38.05 billion. Following it are INDUSTRIES QATAR ($19.39 billion) and QATAR ISLAMIC BANK ($13.13 billion). Qatar’s top five most valuable companies include some of the world’s most renowned brands: OOREDOO (No. 4, $9.22 billion) and MASRAF AL RAYAN (No. 5, $6.00 billion).

Overall, among Qatar’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by EZDAN HOLDING GROUP, MESAIEED PETROCHEMICAL HOLDING COMPANY, DUKHAN BANK, THE COMMERCIAL BANK (P.S.Q.C.), QATAR ELECTRICITY & WATER COMPANY.

Which one is the most valuable in Qatar by market cap? This list comprises the biggest companies currently in Qatar by market cap in 2024:

Qatar's Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAP (US$)
1QATAR NATIONAL BANK (Q.P.S.C.)$38.05 B
2INDUSTRIES QATAR Q.P.S.C.$19.39 B
3QATAR ISLAMIC BANK (Q.P.S.C.)$13.13 B
4OOREDOO Q.P.S.C.$9.22 B
5MASRAF AL RAYAN (Q.P.S.C.)$6.00 B
6EZDAN HOLDING GROUP Q.P.S.C.$5.96 B
7MESAIEED PETROCHEMICAL HOLDING COMPANY Q.P.S.C.$5.83 B
8DUKHAN BANK Q.P.S.C.$5.63 B
9THE COMMERCIAL BANK (P.S.Q.C.)$5.54 B
10QATAR ELECTRICITY & WATER COMPANY Q.P.S.C.$5.16 B
11QATAR GAS TRANSPORT COMPANY LIMITED (NAKILAT) (QPSC)$5.06 B
12QATAR INTERNATIONAL ISLAMIC BANK (Q.P.S.C)$4.44 B
13QATAR FUEL COMPANY Q.P.S.C. ("WOQOD")$4.26 B
14BARWA REAL ESTATE COMPANY Q.P.S.C.$3.04 B
15QATAR NAVIGATION Q.P.S.C.$3.02 B
16AHLI BANK Q.P.S.C.$2.46 B
17VODAFONE QATAR P.Q.S.C.$2.13 B
18QATAR INSURANCE COMPANY Q.S.P.C.$2.04 B
19QATAR ALUMINIUM MANUFACTURING COMPANY Q.P.S.C.$1.96 B
20ESTITHMAR HOLDING Q.P.S.C.$1.84 B
21AAMAL COMPANY Q.P.S.C.$1.43 B
22GULF INTERNATIONAL SERVICES Q.P.S.C.$1.39 B
23DOHA BANK Q.P.S.C.$1.39 B
24ZAD HOLDING COMPANY Q.P.S.C.$1.08 B
25UNITED DEVELOPMENT COMPANY Q.P.S.C.$997 M
26QATAR NATIONAL CEMENT COMPANY (Q.P.S.C.)$731 M
27AL MEERA CONSUMER GOODS COMPANY Q.P.S.C.$728 M
28QATARI INVESTORS GROUP Q.P.S.C.$615 M
29BALADNA Q.P.S.C.$578 M
30GULF WAREHOUSING COMPANY Q.P.S.C.$498 M
31MANNAI CORPORATION Q.P.S.C.$484 M
32MEEZA QSTP LLC (PUBLIC)$481 M
33QATAR ISLAMIC INSURANCE GROUP Q.P.S.C.$387 M
34LESHA BANK LLC$376 M
35QATAR INDUSTRIAL MANUFACTURING COMPANY Q.P.S.C.$371 M
36MEDICARE GROUP Q.P.S.C.$355 M
37DOHA INSURANCE GROUP Q.P.S.C.$342 M
38QATAR GENERAL INSURANCE & REINSURANCE COMPANY Q.P.S.C.$262 M
39QLM LIFE & MEDICAL INSURANCE COMPANY Q.P.S.C.$216 M
40MAZAYA REAL ESTATE DEVELOPMENT Q.P.S.C.$210 M
41QATAR NATIONAL CEMENT COMPANY (Q.P.S.C.)$731 M
42AL MEERA CONSUMER GOODS COMPANY Q.P.S.C.$728 M
43QATARI INVESTORS GROUP Q.P.S.C.$615 M
44BALADNA Q.P.S.C.$578 M
45GULF WAREHOUSING COMPANY Q.P.S.C.$498 M
46MANNAI CORPORATION Q.P.S.C.$484 M
47MEEZA QSTP LLC (PUBLIC)$481 M
48QATAR ISLAMIC INSURANCE GROUP Q.P.S.C.$387 M
49LESHA BANK LLC$376 M
50QATAR INDUSTRIAL MANUFACTURING COMPANY Q.P.S.C.$371 M
51MEDICARE GROUP Q.P.S.C.$355 M
52DOHA INSURANCE GROUP Q.P.S.C.$342 M
53QATAR GENERAL INSURANCE & REINSURANCE COMPANY Q.P.S.C.$262 M
54QLM LIFE & MEDICAL INSURANCE COMPANY Q.P.S.C.$216 M
55MAZAYA REAL ESTATE DEVELOPMENT Q.P.S.C.$210 M
56DAMAAN ISLAMIC INSURANCE COMPANY "BEEMA" (Q.P.S.C.)$209 M
57SALAM INTERNATIONAL INVESTMENT LIMITED Q.P.S.C.$199 M
58AL KHALEEJ TAKAFUL INSURANCE COMPANY Q.P.S.C.$196 M
59MEKDAM HOLDING GROUP - Q.P.S.C.$132 M
60ALIJARAH HOLDING (Q.P.S.C.)$101 M
61WIDAM FOOD COMPANY Q.P.S.C.$96 M
62AL MAHHAR HOLDING COMPANY Q.P.S.C.$81 M
63QATAR OMAN INVESTMENT COMPANY Q.S.C.$76 M
64DLALA BROKERAGE AND INVESTMENT HOLDING COMPANY Q.P.S.C.$64 M
65INMA HOLDING COMPANY Q.P.S.C.$61 M

Market capitalization, commonly known as market cap, refers to the total market value of a company’s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company’s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).

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