Special Report: MEED 100 - The Middle East's top 100 listed companies in 2009
Saudi Arabian companies dominate this year’s MEED 100, with companies listed on the Tadawul accounting for 29 out of the region’s 100 biggest publicly quoted companies ranked by market capitalisation. Just three of the 20 companies that have dropped out of the top 100 over the past year are listed on the Saudi stock exchange.
By comparison, a total of seven Kuwaiti companies have crashed out of the MEED 100, reflecting the fact that the Kuwaiti bourse has lost the most value of any Gulf exchange since the global financial crisis began in the summer of 2008.
The Egyptian Exchange has also suffered significantly. Four of its companies have been relegated from the MEED 100 list, an indication of the volatility of the Case 30 index of its largest companies.
While market capitalisation is only one way of tracking the performance of a company, the list clearly mirrors the wider fortunes of the largest companies in the Middle East in 2009.
Index of all stories in the MEED 100 special report:
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Also in: Special Report: MEED 100 - The Middle East's top 100 listed companies in 2009
MEED 100 - Results: Market values plummet as downturn hits
MEED 100 - Sector Analysis: Banking and Finance
MEED 100 - Sector Analysis: Conglomerates
MEED 100 - Sector Analysis: Food
MEED 100 - Sector Analysis: Industry
MEED 100 - Sector Analysis: Logistics
MEED 100 - Sector Analysis: Metals & Mining
MEED 100 - Sector Analysis: Oil & Gas
MEED 100 - Sector Analysis: Petrochemicals
MEED 100 - Sector Analysis: Real Estate
MEED 100 - Sector Analysis: Telecoms
MEED 100 - Sector Analysis: Utilities
MEED 100 - Sector Analysis: Transport
MEED 100: Volatility boosts smaller markets
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