THE MIDDLE EAST’S
![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2023/06/10034305/Top-100-Listed-Companies-2023_2.jpg)
2. SABIC
Country: Saudi Arabia
Sector: Industrials
CEO: Abdulrahman Al-Fageeh
Market Value: $74.3 billion
Sales: $52.9 billion
Profits: $6.3 billion
Assets: $83.5 billion
SABIC is among the world’s largest petrochemical manufacturers, with operations in around 50 countries and a global workforce of over 31,000 people, as of 2022. It works through four businesses, covering petrochemicals, agri-nutrients, specialties, and metals, with production at 65 manufacturing sites and sales across more than 100 countries. In June 2020, Aramco acquired the government’s 70% stake in SABIC for $69.1 billion. SABIC appointed Abdulrahman Al-Fageeh as CEO in March 2023.