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CEOWORLD magazine - Latest - Banking and Finance - Jordan’s Largest Companies by market capitalization, 2024

Banking and Finance

Jordan’s Largest Companies by market capitalization, 2024

As of November 27, 2024, JORDAN PHOSPHATE MINES is the most valuable company in Jordan, with a market cap of $4.51 billion. Following are ARAB BANK GROUP ($3.89 billion) and ARAB POTASH COMPANY ($3.2 billion).

Which one is the most valuable in Jordan by market cap? This list comprises the biggest companies currently in Jordan by market cap in 2024:

Jordan's Largest Companies by market capitalization, 2024

RANK COMPANYMARKET CAPITEL (USD DALLER)
1JORDAN PHOSPHATE MINES CO. PLC$4.51 billion
2ARAB BANK GROUP$3.89 billion
3ARAB POTASH COMPANY$3.2 billion
4THE HOUSING BANK FOR TRADE AND FINANCE$1.47 billion
5JORDAN ISLAMIC BANK$1.13 billion
6JORDAN TELECOMMUNICATIONS COMPANY$0.763 billion
7JORDAN PETROLEUM REFINERY CO. LTD.$0.683 billion
8CAPITAL BANK OF JORDAN$0.681 billion
9BANK OF JORDAN$0.605 billion
10JORDAN KUWAIT BANK$0.591 billion
11BANK AL ETIHAD$0.470 billion
12SAFWA ISLAMIC BANK$0.323 billion
13CAIRO AMMAN BANK$0.293 billion
14JORDAN AHLI BANK$0.285 billion
15JORDAN ELECTRIC POWER COMPANY$0.275 billion
16ARAB JORDAN INVESTMENT BANK$0.270 billion
17AFAQ FOR ENERGY CO. P.L.C$0.232 billion
18SINIORA FOOD INDUSTRIES COMPANY$0.216 billion
19INVEST BANK$0.211 billion
20JORDANIAN DUTY FREE SHOPS$0.203 billion
21IRBID DISTRICT ELECTRICITY CO. LTD.$0.185 billion
22NORTHERN CEMENT COMPANY$0.170 billion
23JORDAN COMMERCIAL BANK$0.164 billion
24ARAB INTERNATIONAL COMPANY FOR EDUCATION AND INVESTMENT$0.134 billion
25UNION LAND DEVELOPMENT COMPANY PLC$0.128 billion
26MEDITERRANEAN TOURISM INVESTMENT COMPANY$0.124 billion
27ARAB BANKING CORPORATION (JORDAN)$0.097 billion
28AL - TAJAMOUAT FOR TOURISTIC PROJECTS, PLC.$0.085 billion
29ZARA INVESTMENT HOLDING COMPANY$0.083 billion
30ALISRA FOR EDUCATION AND INVESTMENT COMPANY (PLC)$0.080 billion

Market capitalization, commonly known as market cap, refers to the total market value of a company’s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company’s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).


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CEOWORLD magazine - Latest - Banking and Finance - Jordan’s Largest Companies by market capitalization, 2024
Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.

Email: despina@ceoworld.biz