Top 10 Highest Developing Companies in Qatar
Qatar is not just one of the rich countries in the world, it is now ranked as the richest country to be placed at the top of the list which stunned many people who still do not believe that it is true because a few years ago it was nothing. Qatar makes use of its money that allowed it to be the richest through improving the country and carrying out different projects in all the sectors. It spends a lot of money and carries out many projects for improving its infrastructure to be prepared for hosting 2022 World Cup which makes it one of the most perfect places to live and work in it. There are several companies in the State of Qatar that are ranked as the best not only in Qatar, but in the whole world. If you want to live in this rich country and want to get a job there, we help you through presenting the following top 10 companies in Qatar list.
10. Doha Bank
It offers financial services and its main branch is located in Grand Hammad St., Doha. Its market capitalization is estimated to be about $3.180 billion.
9. Qatar Electricity & Water Company
It was founded in 1990 for desalinating water and generating power. It is located in Qimco Building West Bay Doha – Qatar and its market capitalization is approximately $3.648 billion.
8. Qatar Fuel (Woqod)
It is one of the largest petroleum companies that is responsible for distributing and marketing fuel and other related services in Qatar that was founded in 2002. The market capitalization of this company is about $4.269 billion.
7. Qatar Islamic Bank
Its headquarters is located in Grand Hamad St., Doha, Qatar and it has several branch offices to offer its financial services to different parts in Qatar. Its market capitalization is estimated to be $4.641 billion.
6. Commercial Bank of Qatar
It offers its financial services to the public sector, companies and even individuals. It has several branch offices to cover different parts in Qatar and its market capitalization is around $4.656 billion.
It offers different financial services such as growing assets and protecting them for decreasing risks and satisfying customers. The market capitalization of Masraf al-Rayan is approximately $4.969 billion.
4. Qatar Telecom (Qtel/Ooredoo)
It is one of the largest telecommunications companies and the brand name that is used now for this company is Ooredoo instead of the former brand name which is Qtel. The company’s market capitalization is approximately $10.163 billion.
It is one of the leading real-estate companies in the State of Qatar. It is located in Ezdan Towers, West Bay, Doha, Qatar. It has not been recently founded like most of the other companies in the State of Qatar as it was founded in 1960 and its market capitalization is around $11.964 billion.
It was founded in 1964 to be the first commercial bank that is owned by Qatar. It is considered to be one of the largest banks in North Africa and in the Middle East. Its market capitalization is estimated to be nearly $24.891 billion.
1. Industries Qatar
It is one of the leading petrochemicals companies that is also engaged in other industries such as steel and fertilizers. It was founded on April 19, 2003. Its headquarters is located in West Bay, Doha, State of Qatar. The market capitalization of this company is estimated to be approximately $25.714 billion to be the highest in the State of Qatar.