Saudi Arabia’s financial markets continue to show impressive strength in 2025, fueled by diversification, innovation, and long-term investments aligned with Vision 2030. The Tadawul (Saudi Stock Exchange) has become a regional powerhouse, hosting some of the Middle East’s most valuable companies.
Here’s a detailed look at the Top 10 Listed Companies in Saudi Arabia (2025) based on market capitalization, sector impact, and growth potential:
1. Saudi Aramco
Sector: Energy
Market Cap: ~$1.7 trillion
Ticker: 2222.SR
Aramco remains not only the largest listed company in Saudi Arabia but also one of the most valuable companies globally. With a stronghold in oil production and strategic investments in renewables and chemicals, Aramco continues to be a cornerstone of the Saudi economy.
2. Al Rajhi Bank
Sector: Banking & Finance
Market Cap: ~$105 billion
Ticker: 1120.SR
Al Rajhi is the largest Islamic bank in the world and a dominant force in the kingdom’s retail banking sector. Its strong performance and digital innovation keep it ahead in a rapidly evolving financial landscape.
3. ACWA Power
Sector: Utilities & Renewable Energy
Market Cap: ~$70 billion
Ticker: 2082.SR
ACWA Power plays a key role in driving Saudi Arabia’s energy transition. As a leading developer of solar, wind, and desalination projects, it reflects the kingdom’s growing focus on sustainability.
4. Saudi Telecom Company (stc)
Sector: Telecommunications
Market Cap: ~$60 billion
Ticker: 7010.SR
stc remains the telecom leader in Saudi Arabia, expanding into digital services, cloud computing, and cybersecurity. Its technological investments support national digital transformation goals.
5. Saudi National Bank (SNB)
Sector: Banking & Finance
Market Cap: ~$55 billion
Ticker: 1180.SR
Following the merger of NCB and Samba, SNB became one of the largest banks in the region. It is instrumental in financing mega-projects and supporting Saudi Vision 2030 initiatives.
6. SABIC (Saudi Basic Industries Corporation)
Sector: Petrochemicals
Market Cap: ~$50 billion
Ticker: 2010.SR
As a global leader in chemicals and plastics, SABIC contributes significantly to Saudi Arabia’s non-oil industrial output. It continues to innovate in sustainability and materials science.
7. Ma’aden (Saudi Arabian Mining Company)
Sector: Mining & Metals
Market Cap: ~$48 billion
Ticker: 1211.SR
Ma’aden is the backbone of Saudi Arabia’s mining sector, extracting gold, phosphate, and aluminum. It’s a symbol of the kingdom’s commitment to diversifying beyond oil.
8. Dr. Sulaiman Al Habib Medical Group
Sector: Healthcare
Market Cap: ~$27 billion
Ticker: 4013.SR
One of the largest private healthcare providers in the region, the group is expanding rapidly with new hospitals and specialized centers, riding the wave of Saudi Arabia’s healthcare reforms.
9. Riyad Bank
Sector: Banking & Finance
Market Cap: ~$23 billion
Ticker: 1010.SR
A strong performer in corporate and retail banking, Riyad Bank continues to invest in fintech, customer experience, and ESG initiatives.
10. Elm Company
Sector: IT & Digital Services
Market Cap: ~$21 billion
Ticker: 7203.SR
Elm has emerged as a technology powerhouse, delivering digital transformation solutions for government and private sector clients. Its role in smart city infrastructure and cybersecurity is increasingly prominent.
Final Thoughts
Saudi Arabia’s top listed companies reflect the kingdom’s bold vision for economic diversification, innovation, and sustainable growth. While energy remains a dominant sector, the rise of renewable power, digital services, banking, and healthcare signals a future-forward market ready to lead the region.
As Vision 2030 continues to unfold, these companies will play a pivotal role in shaping the next economic chapter of the Kingdom of Saudi Arabia.