December 9, 2021

The 30 Most Valuable Companies In Qatar

Qatar is among the richest countries in the world, with a per capita income of nearly $96,610 in 2020 according to the IMF. Petroleum and natural gas are the cornerstones of its economy, with Qatar home to one of the largest reserves of natural gas in the world. While Qatar’s economy contracted by 3.6% in 2020 it is poised to grow by 1.9% in 2021, given a spile in natural gas prices, a general recovery in the global economy, and a low base effect. In addition, Qatar is scheduled to host the FIFA World Cup 2022, which will boost its infrastructure and tourism sectors.

Forbes Middle East’s list of Qatar’s Top Companies comprises three rankings: 30 Most Valuable Companies in Qatar; Top 10 Unlisted Companies in Qatar; and the 5 Most-Funded Startups In Qatar.

Methodology

For the “30 Most Valuable Companies In Qatar,” we ranked companies based on their market capitalization as of November 9, 2021.

For the “Top 10 Unlisted Companies In Qatar,” we ranked companies based on:
• Size of the company in terms of total assets and/or revenues.
• How important the company is to Qatar’s economy.
• Number of employees.
• Age of the company.

For the “5 Most-Funded Startups In Qatar,” we ranked companies based on the funds they had raised from external investors as of November 9, 2021. Only companies that disclosed their funding were ranked.