As of July 22, 2024, KUWAIT FINANCE HOUSE is the most valuable company in Kuwait, with a market cap of $39.22 billion. Following it are NATIONAL BANK OF KUWAIT ($23.6 billion) and BOUBYAN BANK ($7.86 billion).
Which one is the most valuable in Kuwait by market cap? This list comprises the biggest companies currently in Kuwait by market cap in 2024:
Kuwait's Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLER) |
|---|---|---|
| 1 | KUWAIT FINANCE HOUSE K.S.C.P. | $39.22 billion |
| 2 | NATIONAL BANK OF KUWAIT S.A.K.P. | $23.6 billion |
| 3 | BOUBYAN BANK K.S.C.P. | $7.86 billion |
| 4 | MOBILE TELECOMMUNICATIONS COMPANY K.S.C.P. | $6.37 billion |
| 5 | MABANEE COMPANY K.P.S.C. | $4.03 billion |
| 6 | GULF BANK K.S.C.P. | $3.35 billion |
| 7 | COMMERCIAL BANK OF KUWAIT K.P.S.C. | $2.95 billion |
| 8 | AGILITY PUBLIC WAREHOUSING COMPANY K.S.C.P. | $2.35 billion |
| 9 | AL AHLI BANK OF KUWAIT K.S.C.P. | $2.35 billion |
| 10 | BURGAN BANK K.P.S.C. | $2.23 billion |
| 11 | KUWAIT TELECOMMUNICATIONS COMPANY K.S.C.P. | $1.78 billion |
| 12 | NATIONAL INDUSTRIES GROUP HOLDING - KPSC | $1.76 billion |
| 13 | NATIONAL MOBILE TELECOMMUNICATIONS COMPANY K.S.C.P. | $1.71 billion |
| 14 | KUWAIT PROJECTS COMPANY HOLDING K.S.C.P. | $1.65 billion |
| 15 | BOURSA KUWAIT SECURITIES COMPANY K.P.S.C. | $1.36 billion |
| 16 | WARBA BANK K.S.C.P. | $1.3 billion |
| 17 | GULF INSURANCE GROUP K.S.C.P. | $1.28 billion |
| 18 | HUMANSOFT HOLDING COMPANY K.S.C.P. | $1.17 billion |
| 19 | GFH FINANCIAL GROUP BSC | $1.12 billion |
| 20 | GULF CABLE AND ELECTRICAL INDUSTRIES COMPANY - KPSC | $1.08 billion |
| 21 | BOUBYAN PETROCHEMICAL COMPANY K.S.C.P. | $1.02 billion |
| 22 | KUWAIT INTERNATIONAL BANK K.S.C.P. | $0.968 billion |
| 23 | ALI AL-GHANIM SONS AUTOMOTIVE COMPANY K.S.C.P. | $0.913 billion |
| 24 | IFA HOTELS AND RESORTS - KPSC | $0.830 billion |
| 25 | COMMERCIAL REAL ESTATE COMPANY K.P.S.C. | $0.830 billion |
| 26 | TAMDEEN REAL ESTATE COMPANY - KPSC | $0.498 billion |
| 27 | BEYOUT INVESTMENT GROUP HOLDING COMPANY - K.S.C. (HOLDING) | $0.480 billion |
| 28 | NOOR FINANCIAL INVESTMENT COMPANY - KPSC | $0.446 billion |
| 29 | INTEGRATED HOLDING COMPANY K.S.C.P. | $0.444 billion |
| 30 | KUWAIT CEMENT COMPANY K.P.S.C. | $0.412 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).
Have you read?
Revealed: Highest-paid college football coaches, 2024.
Revealed: These are the Deadliest Cars you can drive in the US, 2024.
Revealed: Words that weren’t in use before the 1990s but are now commonly used.
Ranked: Countries with the lowest petrol prices, 2024.
Revealed: The World’s Safest Airlines To Fly In 2024.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
