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Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry.^[1]^[2] The country plans to reduce oil-based revenues to 42% by 2023.^[3] A considerable proportion of Saudi companies are owned by families, including the royal family.

Public companies are listed on the Tadawul. For further information on the types of business entities in this country and their abbreviations, see "Business entities in Saudi Arabia".

Largest firms

This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2017.^[4] Only the top five firms (if available) are included as a sample.

Rank	Image	Name	2016 Revenues (USD $M)	Employees	Notes
299		SABIC	$35,421	35,000	The Saudi Basic Industries Corporation is a diversified chemicals, industrial polymers, fertilizers, and metals company. Majority state-owned and headquartered in Riyadh, subsidiaries include Hadeed (steel), SAFCO (fertilizers), and the Yanbu National Petrochemical Company.

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
Status: P=Private, S=State; A=Active, D=Defunct
Name	Industry	Sector	Headquarters	Founded	Notes	Status
Name	Industry	Sector	Headquarters	Founded	Notes
A. A. Turki Group	Conglomerates	-	Dammam	1950	Has 23 various divisions, joint ventures and standalone companies	P	A
Abdullah Al-Othaim Markets	Consumer services	Food retailers & wholesalers	Riyadh	1980	Grocery	P	A
Advanced Electronics Company Limited	Industrials	Electronic Equipment	Riyadh	1988	Electronics research and manufacturing	P	A
Ahmad Hamad Al Gosaibi & Brothers	Conglomerates	-	Khobar^[5]	1940	Real estate, food & beverage, hospitality	P	A
Al Baik	Consumer services	Restaurants & bars	Jeddah	1974	Fast food restaurants	P	A
Al Bilad Bank	Financials	Banks	Riyadh	2004	Islamic bank	P	A
Al Faisaliah Group	Conglomerates	-	Riyadh	1970	Food & beverage, consumer goods, media, chemicals	P	A
Al Madina	Consumer services	Publishing	Jeddah	1937	Newspaper	P	A
Al Riyadh	Consumer services	Publishing	Riyadh	1965	Newspaper	P	A
Al Shoula Group	Conglomerates	-	Riyadh	1970	Insurance, real estate, defense	P	A
Al Tazaj	Consumer services	Restaurants & bars	Jeddah	1989	Fast-casual restaurants	P	A
Al Yaum	Consumer services	Publishing	Dammam	1965	Newspaper	P	A
Al-Bilad	Consumer services	Publishing	Jeddah	1932	Newspaper	P	A
Shamiekh Holding Group	Conglomerates		Riyadh	1980	Consumer Discretionary	P	A
Alawwal Bank	Financials	Banks	Riyadh	1926	Bank, formerly Saudi Hollandi Bank	P	A
Alinma Bank	Financials	Banks	Riyadh	2006	Bank	P	A
Almarai	Consumer goods	Food products	Riyadh	1977	Dairy	P	A
Al-Muhaidib	Conglomerates	-	Dammam	1946	Food, retail, industrials, financials, energy	P	A
Al-Rajhi Bank	Financials	Banks	Riyadh	1957	Islamic bank	P	A
Arab National Bank	Financials	Banks	Riyadh	1979	Bank	P	A
Arabian Machinery and Heavy Equipment Company	Industrials	Heavy equipment	Khobar	2006		P	A
Arabian Shield Cooperative Insurance Company	Financials	Full line insurance	Riyadh	2007	Insurance	P	A
Bahri	Transportation	Marine transportation	Riyadh	1978	Shipping line	P	A
Bin Quraya	Industrials	Specialty retailers	Dhahran	1975	Industrial vehicle rentals	P	A
Civil and Electrical Projects Contracting Company	Industrials	Heavy construction	Jeddah	1977	Construction	P	A
Dallah Al-Baraka	Conglomerates	-	Jeddah	1969	Financials, health care, industrials, logistics	P	A
Dar Al-Arkan Real Estate Development Company	Financials	Real estate holding & development	Riyadh	1994	Development	P	A
E. A. Juffali and Brothers	Conglomerates	-	Jeddah	1946	Power, telecommunications, industrials	P	A
Flynas	Consumer services	Airlines	Riyadh	2007	Low-cost airline, formerly named Nas Air	P	A
Haji Husein Alireza & Co. Ltd.	Conglomerates	-	Jeddah	1906	Food & beverage, construction, consumer goods	P	A
House of Alireza	Conglomerates	-	Khobar^[6]	1845	Construction, real estate, shipping	P	A
Integrated Telecom Company	Telecommunications	Fixed line telecommunications	Riyadh^[7]	2005	Telecom, ISP, part of Mawarid Holding	P	A
Islamic Development Bank	Financials	Banks	Jeddah	1975	Financing	P	A
Jadwa Investment	Financials	Investment services	Riyadh	2006	Investment services	P	A
Jarir Bookstore	Consumer services	Specialty retailers	Riyadh	1979	Books	P	A
King Fahd Complex for the Printing of the Holy Quran	Consumer services	Publishing	Medina	1985	Publishing	P	A
Kingdom Holding Company	Conglomerates	-	Riyadh	1980	Financials, tourism, media, oil & gas, technology	P	A
Kudu	Consumer services	Restaurants & bars	Riyadh^[8]	1988	Fast food restaurants	P	A
Maaden	Basic materials	General mining	Riyadh	1997	State-owned mining	S	A
Mawarid Holding	Conglomerates	-	Riyadh	1968	Financials, telecommunications, media, industrials	P	A
Nadec	Consumer goods	Food products	Riyadh	1981	Agriculture and food-processing	P	A
Nama Chemicals	Basic materials	Specialty chemicals	Jubail	1992	Chemical products	P	A
National Commercial Bank	Financials	Banks	Jeddah	1953	Bank	P	A
Okaz	Consumer services	Publishing	Jeddah	1960	Newspaper	P	A
The Olayan Group	Conglomerates	-	Riyadh^[9]	1947	Construction, food & beverage, industrials	P	A
Omrania and Associates	Industrials	Business support services	Riyadh	1973^[10]	Architecture	P	A
Panda Retail Company	Consumer services	Food retailers & wholesalers	Riyadh	1978	Grocery, part of Savola Group	P	A
Petro Rabigh	Oil and gas	Exploration & production	Rabigh	2005	Refining and marketing	P	A
Qaym	Consumer services	Broadcasting & entertainment	Riyadh	2006	Reviews	P	A
Rezayat	Conglomerates	-	Khobar	1949	Industrials, financials, technology, oil & gas	P	A
Riyad Bank	Financials	Banks	Riyadh	1957	Bank	P	A
SABIC	Basic materials	Specialty chemicals	Riyadh	1976	Chemicals and metals	P	A
SACO Hardware	Consumer services	Home improvement retailers	Riyadh	1985	Hardware retailing and wholesaling	P	A
Samba Financial Group	Financials	Banks	Riyadh	1980	Bank	P	A
Saudi Aramco	Oil and gas	Exploration & production	Dhahran	1933	State oil & gas	S	A
Dussur	Financials	Investment services	Riyadh	2014	Investment/Industrial development	S	A
Saudi Binladin Group	Industrials	Heavy construction	Jeddah	1931	Construction conglomerate	P	A
Saudi Electricity Company	Utilities	Electricity	Riyadh	2000	Electric generation and distribution	S	A
Saudi Oger	Industrials	Heavy construction	Riyadh	1978	Construction, defunct 2017	P	D
Saudi Arabia Railways		Railroad	Riyadh	2006		P	A
Saudi Railways Organization		Railroad		1966		P	D
Saudi Readymix Concrete Company	Industrials	Building materials & fixtures	Khobar	1978	Concrete	P	A
Saudi Telecom Company	Telecommunications	Fixed line telecommunications	Riyadh	1998	Telecom, ISP	P	A
Saudia	Consumer services	Airlines	Jeddah	1945	Also known as Saudi Arabian Airlines	P	A
Saudia Dairy and Foodstuff Co.	Agriculture	Dairy	Jeddah	1976	Has two factories in Jeddah and one in Dammam	P	A
Savola Group	Consumer goods	Food products	Jeddah	1979	Food manufacturing, grocery and restaurants	P	A
Siemens Saudi Arabia	Industrials	Business support services	Riyadh	1999	Industrial support, engineering	P	A
The Saudi British Bank	Financials	Banks	Riyadh	1978	Bank, associated with HSBC (UK)	P	A
Tasali Snack Foods	Consumer goods	Food products				P	A
Xenel	Conglomerates	-	Jeddah	1973	Energy, industrials, financials	P	A
Zamil Steel Holding	Industrials	Building materials & fixtures	Dammam	1977	Steel and construction materials	P	A