banks

The 2016 Forbes list of the Top 100 Arab Companies 2016 is out and four Lebanese banks made the list. To rank the top 100, Forbes started with 1,316 publicly-traded companies from Saudi Arabia, Qatar, Oman, Jordan, Egypt, Kuwait, Bahrain, U.A.E. (Abu Dhabi and Dubai), Lebanon, Morocco, and Tunisia and measured sales, net profits, assets and market value.

Saudi companies make up more than one-third of the top 100, with Saudi petrochemicals giant SABIC still in the first spot. QNB is the largest bank in the region and Etisalat, the biggest Arab telecommunications company, is fourth. Only banks from Lebanon made the list, with Bank Audi ranking the highest in #34, followed by Blom Bank #45, Byblos Bank #75 and Bank of Beirut #88.

You can check out the full list [here].