THE MIDDLE EAST’S

4. QNB Group
Country: Qatar
Group CEO: Abdulla Mubarak Al-Khalifa
Market Value: $42.4 billion
As of December 2024, the QNB Group spanned over 28 countries across Asia, Africa, and Europe, and employed 31,000 people across 900 locations, with $356.5 billion in total assets. In September 2024, it participated in the Ooredoo Group’s $549.5 million financing deal with Doha Bank and AlRayan Bank to accelerate Ooredoo’s data center growth and AI business. In October 2024, QNB refinanced its $1.05 billion Euro senior unsecured syndicated loan facility with a three-year maturity. In the same month, QNB Group unified its brand in Egypt and Türkiye under the single name “QNB.”