Forbes Middle East announces the "Top Companies in the Arab World 2016" and Celebrating Kuwait’s Success in a gala event held at Jumeirah Messila Beach Hotel, Kuwait.
The event was attended by His Excellency Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah, Minister of State for Cabinet Affairs. Dr. Nasser bin Aqeel Al Tayyar, President and Publisher of Arab Publishing House delivered an executive speech and stated, “The main objective of such networking events is our constant effort to support and encourage business leaders. Such events connect companies with decision makers, which will eventually help in success and development of the country.”
During the event, His Excellency Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah, Minister of State for Cabinet Affairs said, “I am honored and grateful to be invited to such a gala event organized by Forbes Middle East for the very first time in Kuwait. I am glad to be a part of celebrating accomplishments of these Kuwaiti business people and my best wishes to all of them in their future endeavors.”
According to the list, Saudi Based SABIC is the most valuable company in the Arab world is ranked as the most valuable company in the Arab world. While QNB Qatar and National Commercial Bank Saudi Arabia follows the list. National Bank of Kuwait tops the list from Kuwait on 12th position while Kuwait Finance House is on 15th position. Zain, KIPCO, Americana, Agility, Gulf Bank, Commercial Bank of Kuwait and Al Ahli Bank of Kuwait are also in the list.
The event also celebrated success of Kuwait and honored Kuwaiti companies. Forbes Middle East, for the very first time unveiled its “Kuwait Guide 2016”, which included its own rankings comprising of three major categories: The Top listed companies in Kuwait, with 70 companies listed on the Kuwaiti stock exchange; the Top Companies Making an Impact in Kuwait, with 15 privately-held companies; and the Most Powerful Women in Kuwait, honoring 15 Kuwaiti business women.