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".
See also: List of largest companies of Saudi Arabia. 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.
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.