Top 5 Arab Stock Markets

by Forbes Middle East Forbes Middle East - Business News

Forbes Middle East introduces the Top 5 stock markets in the Arab World. Saudi Stock Exchange (Tadawul) tops the list with market capitalization worth $450.6 billion.

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SABIC, the largest Arab company in terms of market capitalizationrecorded at $81.6 billion as of end of 2017is listed on Tadawul. With the biggest Initial Public Offering (IPO) ever of the oil giant Saudi Aramco, the market capitalization of Saudi stock market is expected to grow rapidly. According to Saudi Crown Prince Mohammad bin Salman, upon the initial public offering, the state-owned oil company would be valued at more than $2 trillion.