|
COMPANY |
RANK |
COUNTRY |
REVENUE 2003* US$ (millions) |
TYPE |
INDUSTRY |
| Saudi Arabian Oil Co. 1 |
1 |
Saudi Arabia |
$ 83,100 |
Government |
Oil & Gas - Integrated |
| National Iranian Oil Company 1 |
2 |
Iran |
$ 38,375 |
Government |
Oil & Gas - Integrated |
| Petroliam Nasional Bhd. (Petronas) |
3 |
Malaysia |
$ 25,664 |
Government |
Oil & Gas - Integrated |
| Sonatrach |
4 |
Algeria |
$ 24,100 |
Government |
Oil & Gas - Integrated |
| Kuwait Petroleum Corp. 2 |
5 |
Kuwait |
$ 22,911 |
Government |
Oil & Gas - Integrated |
| Pt Pertamina (Persero) 2 |
6 |
Indonesia |
$ 22,171 |
Government |
Oil & Gas - Integrated |
| Abu Dhabi National Oil Co. 2 |
7 |
United Arab Emirates |
$ 17,000 |
Government |
Oil & Gas - Integrated |
| Iraq National Oil Company 1 |
8 |
Iraq |
$ 14,100 |
Government |
Oil & Gas - Integrated |
| Saudi Basic Industries Corporation (SABIC) |
9 |
Saudi Arabia |
$ 12,478 |
Listed |
Chemical Manufacturing |
| Koc Holding A.S. |
10 |
Turkey |
$ 10,995 |
Listed |
Diversified -Automotive, Energy, Finance |
| Kingdom Holding Co. 2 |
11 |
Saudi Arabia |
$ 9,493 |
Private |
Investment Services |
| Ziraat Bank |
12 |
Turkey |
$ 8,287 |
Government |
Commercial Banking |
| Saudi Telecom Company |
13 |
Saudi Arabia |
$ 7,352 |
Listed |
Telecommunications |
| Sabanci Holding |
14 |
Turkey |
$ 7,300 |
Private |
Diversified-Finance, Retail, Communication |
| Egyptian General Petroleum Corporation 2 |
15 |
Egypt |
$ 7,235 |
Government |
Oil & Gas - Integrated |
| Qatar Petroleum 1 |
16 |
Qatar |
$ 6,900 |
Government |
Oil & Gas - Integrated |
| National Oil Company (NOC) 1 |
17 |
Libya |
$ 6,500 |
Government |
Oil & Gas - Integrated |
| Turkish Petroleum Refineries Corporation (Tupras) |
18 |
Turkey |
$ 5,917 |
Listed |
Oil & Gas - Integrated |
| Petrol Ofisi A.S. |
19 |
Turkey |
$ 5,534 |
Listed |
Oil & Gas Operations |
| Turk Telekom |
20 |
Turkey |
$ 5,112 |
Government |
Telecommunications |
| Nigerian National Petroleum Corporation 2 |
21 |
Nigeria |
$ 4,874 |
Government |
Oil & Gas - Integrated |
| Saudi Electric Company |
22 |
Saudi Arabia |
$ 4,714 |
Listed |
Electric Utilities |
| Dallah Albaraka Group 2 |
23 |
Saudi Arabia |
$ 4,633 |
Private |
Diversified-Finance, Media |
| Dogan Holding |
24 |
Turkey |
$ 4,461 |
Listed |
Diversified-Finance, Energy, Media, Industry, |
| Tenaga Nasional Bhd |
25 |
Malaysia |
$ 4,332 |
Listed |
Electric Utilities |
| Isbank |
26 |
Turkey |
$ 4,289 |
Listed |
Commercial Banking |
| The Emirates Group |
27 |
United Arab Emirates |
$ 3,816 |
Government |
Airline |
| Bank Mandiri |
28 |
Indonesia |
$ 3,750 |
Listed |
Commercial Banking |
| Dogus Holding Co. |
29 |
Turkey |
$ 3,700 |
Private |
Diversified-Finance, Automotive, Retail |
| Sime Darby Bhd |
30 |
Malaysia |
$ 3,622 |
Listed |
Diversified- Plantations, Heavy Equipment, Auto |
| Astra International |
31 |
Indonesia |
$ 3,406 |
Listed |
Diversified-Auto, Finance, Heavy Equipment |
| Abdul Latif Jameel Group 2 |
32 |
Saudi Arabia |
$ 3,300 |
Private |
Retail - Automobile |
| Perusahaan Listrik Negara, Pt 2 |
33 |
Indonesia |
$ 3,233 |
Government |
Electric Utilities |
| Telkom Indonesia |
34 |
Indonesia |
$ 3,227 |
Government |
Telecommunications |
| Akbank TAS |
35 |
Turkey |
$ 3,215 |
Listed |
Commercial Banking |
| Saudi Oger Company Ltd. |
36 |
Saudi Arabia |
$ 3,150 |
Private |
Construction Services |
| Oriental Holdings Bhd. |
37 |
Malaysia |
$ 3,134 |
Listed |
Auto & Truck Parts |
| Telekom Malaysia Bhd |
38 |
Malaysia |
$ 3,105 |
Listed |
Telecommunications |
| Yapi Kredi Bank 3 |
39 |
Turkey |
$ 3,086 |
Listed |
Commercial Banking |
| Pakistan State Oil Company Ltd. |
40 |
Pakistan |
$ 3,044 |
Listed |
Oil & Gas Operations |
| Tekel 2 |
41 |
Turkey |
$ 2,800 |
Government |
Crops |
| Group ONA |
42 |
Morocco |
$ 2,541 |
Listed |
Diversified-Mining, Construction, Finance |
| Emirates Telecommunications Corporations (Etisalat) |
43 |
United Arab Emirates |
$ 2,512 |
Listed |
Telecommunications |
| Iran Khodro Plc 2 |
44 |
Iran |
$ 2,500 |
Listed |
Auto & Truck Manufacturing |
| PPB Group |
45 |
Malaysia |
$ 2,451 |
Listed |
Diversified-Food, Property |
| Perusahaan Otomobil Nasional Bhd (Proton) |
46 |
Malaysia |
$ 2,439 |
Listed |
Auto & Truck Manufacturing |
| Petronas Dagangan Bhd |
47 |
Malaysia |
$ 2,588 |
Listed |
Oil & Gas Operations |
| Maybank Group |
48 |
Malaysia |
$ 2,408 |
Listed |
Commercial Banking |
| Gudang Garam Tbk Pt 2 |
49 |
Indonesia |
$ 2,305 |
Listed |
Tobacco |
| Vakif Bank |
50 |
Turkey |
$ 2,372 |
Government |
Commercial Banking |
| Malaysian Airline System Bhd |
51 |
Malaysia |
$ 2,281 |
Listed |
Airline |
| Turkcell |
52 |
Turkey |
$ 2,219 |
Listed |
Telecommunications |
| National Petrochemical Company |
53 |
Iran |
$ 2,124 |
Government |
Chemical Manufacturing |
| Vestel 4 |
54 |
Turkey |
$ 2,131 |
Listed |
Appliance & Tools |
| BFI Finance Indonesia 2 |
55 |
Indonesia |
$ 2,120 |
Listed |
Commercial Banking |
| FFM Berhad |
56 |
Malaysia |
$ 2,105 |
Listed |
Food Processing |
| Kazmunaygas Exploration And Production 2 |
57 |
Kazakhstan |
$ 2,102 |
Government |
Oil & Gas - Integrated |
| Indofood Sukses Makmur Tbk., Pt |
58 |
Indonesia |
$ 1,961 |
Listed |
Food Processing |
| Berjaya Group |
59 |
Malaysia |
$ 1,892 |
Listed |
Diversified-Finance, Retail, Property Dev. |
| Consolidated Contractors International Company S.A.L |
60 |
Saudi Arabia |
$ 1,800 |
Private |
Construction Services |
| Suez Canal Authority 2 |
61 |
Egypt |
$ 1,800 |
Government |
Misc. Transport |
| Maroc Telecom |
62 |
Morocco |
$ 1,794 |
Government |
Telecommunications |
| Eczacibasi Holdings |
63 |
Turkey |
$ 1,723 |
Private |
Diversified- Pharma, Construction, Retail |
| Bank Negara Indonesia Tbk, Pt |
64 |
Indonesia |
$ 1,716 |
Listed |
Commercial Banking |
| Commerce Asset-Holding Bhd |
65 |
Malaysia |
$ 1,607 |
Listed |
Commercial Banking |
| Pt Hanjaya Mandala Sampoerna Tbk |
66 |
Indonesia |
$ 1,607 |
Listed |
Tobacco |
| Turkish Airlines 2 |
67 |
Turkey |
$ 1,559 |
Government |
Airline |
| National Bank Of Egypt |
68 |
Egypt |
$ 1,577 |
Government |
Commercial Banking |
| Bank Central Asia Tbk |
69 |
Indonesia |
$ 1,513 |
Listed |
Commercial Banking |
| Arab Banking Corporation Bsc |
70 |
Bahrain |
$ 1,494 |
Listed |
International Trade Financing |
| National Commercial Bank |
71 |
Saudi Arabia |
$ 1,461 |
Government |
Commercial Banking |
| Malaysia International Shipping Corp. Berhad (MISC) |
72 |
Malaysia |
$ 1,430 |
Listed |
Water Transportation |
| Park Group |
73 |
Turkey |
$ 1,400 |
Private |
Diversified- Textile, Energy, Mining |
| Ereğli Iron And Steel Works Co. |
74 |
Turkey |
$ 1,345 |
Listed |
Iron And Steel |
| Savola Group |
75 |
Saudi Arabia |
$ 1,315 |
Listed |
Food Processing |
| Edaran Otomobil Nasional Bhd (EON) |
76 |
Malaysia |
$ 1,313 |
Listed |
Retail - Automobile |
| Drb-Hicom Bhd |
77 |
Malaysia |
$ 1,290 |
Listed |
Diversified- Automotive, Property, Services |
| Arab Bank Plc |
78 |
Jordan |
$ 1,272 |
Listed |
International Trade Financing |
| Turkiye Seker Fabrikalari A.S. |
79 |
Turkey |
$ 1,249 |
Government |
Food Processing |
| Maxis Communications Berhad |
80 |
Malaysia |
$ 1,231 |
Listed |
Telecommunications |
| Amsteel Corporation Bhd |
81 |
Malaysia |
$ 1,200 |
Listed |
Diversified- Steel, Retail, Agriculture, Real Estate |
| Pakistan Telecommunication Company Ltd. |
82 |
Pakistan |
$ 1,189 |
Listed |
Telecommunications |
| Turkiye Sise Ve Cam Fabrikalari A.S. |
83 |
Turkey |
$ 1,298 |
Listed |
Glass And Glass Product Maufacturing |
| Asfour Crystal 2 |
84 |
Egypt |
$ 1,166 |
Government |
|
| Enka Holdings Yatrim As |
85 |
Turkey |
$ 1,159 |
Listed |
Construction Services |
| Genting Berhad |
86 |
Malaysia |
$ 1,115 |
Listed |
Diversified- Hospitality, Plantations, Property |
| Al Rajhi Banking And Investment Corp. |
87 |
Saudi Arabia |
$ 1,104 |
Listed |
Commercial Banking |
| Olayan Financing Company L L C 2 |
88 |
Saudi Arabia |
$ 1,102 |
Private |
Diversified- Retail ,Manufacturing, Finance |
| Finansbank A.S. 5 |
89 |
Turkey |
$ 1,097 |
Listed |
Commercial Banking |
| Samba Financial Group |
90 |
Saudi Arabia |
$ 1,094 |
Listed |
Commercial Banking |
| Qatar Petrochemical Company Ltd. 2,6 |
91 |
Qatar |
$ 1,076 |
Government |
Oil & Gas - Integrated |
| AMMB Holdings Bhd. |
92 |
Malaysia |
$ 1,071 |
Listed |
Commercial Banking |
| YTL Corporation Berhad |
93 |
Malaysia |
$ 1,059 |
Listed |
Diversified- Utilities, Construction, Real Estate |
| Emaar Properties |
94 |
United Arab Emirates |
$ 1,051 |
Listed |
Construction Services |
| Orascom Telecom Holding S.A.E |
95 |
Egypt |
$ 1,045 |
Listed |
Telecommunications |
| UMW Holdings Bhd 2 |
96 |
Malaysia |
$ 1,034 |
Listed |
Diversified- Automotive, Oil & Gas, Manufacturing |
| Riyad Bank |
97 |
Saudi Arabia |
$ 1,033 |
Listed |
Commercial Banking |
| Gulf Air |
98 |
Bahrain |
$ 1,020 |
Government |
Airline |
| Borusan Holding |
99 |
Turkey |
$ 1,019 |
Private |
Diversified- Steel, Heavy Equipment Distribution |
| Mansour Group |
100 |
Egypt |
$ 1,000 |
Private |
Diversified- Automible, Machinery Wholesale |
|
|
|
Reference notes:
1. Revenue figures are estimates based on 2003 crude oil production (OPEC data) only
2. Based on End of Fiscal Year 2002 (EOY 2003 could not be obtained)
3. Owned by Cukurova Group, Turkey (Cukurova Groups revenue could not be obtained)
4. Owned by Zorlu Holding, Turkey (Zorlu Holdings' revenue could not be obtained)
5. Owned by Fiba Holding, Turkey (Fiba Holdings' revenue could not be obtained)
6. QPCL is now held by Industries Qatar which was formed in April 2003
* Revenue Numbers are based on available figures for 2003 Fiscal Year.
Learn more about the criteria used and sources here
To 2005 Ranking
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