As of November 18, 2024, 2024, KUWAIT FINANCE HOUSE is the most valuable company in Kuwait, with a market cap of $40.36 billion. Following it are NATIONAL BANK OF KUWAIT ($23.61 billion) and BOUBYAN BANK ($7.84 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. | $40.36 billion |
| 2 | NATIONAL BANK OF KUWAIT S.A.K.P. | $23.61 billion |
| 3 | BOUBYAN BANK K.S.C.P. | $7.84 billion |
| 4 | MOBILE TELECOMMUNICATIONS COMPANY K.S.C.P. | $6.6 billion |
| 5 | GULF BANK K.S.C.P. | $3.97 billion |
| 6 | MABANEE COMPANY K.P.S.C. | $3.71 billion |
| 7 | COMMERCIAL BANK OF KUWAIT K.P.S.C. | $3.32 billion |
| 8 | AL AHLI BANK OF KUWAIT K.S.C.P. | $2.21 billion |
| 9 | AGILITY PUBLIC WAREHOUSING COMPANY K.S.C.P. | $2.2 billion |
| 10 | BURGAN BANK K.P.S.C. | $2.14 billion |
| 11 | NATIONAL INDUSTRIES GROUP HOLDING - KPSC | $1.9 billion |
| 12 | KUWAIT TELECOMMUNICATIONS COMPANY K.S.C.P. | $1.79 billion |
| 13 | NATIONAL MOBILE TELECOMMUNICATIONS COMPANY K.S.C.P. | $1.74 billion |
| 14 | KUWAIT PROJECTS COMPANY HOLDING K.S.C.P. | $1.54 billion |
| 15 | WARBA BANK K.S.C.P. | $1.4 billion |
| 16 | BOURSA KUWAIT SECURITIES COMPANY K.P.S.C. | $1.4 billion |
| 17 | IFA HOTELS AND RESORTS - KPSC | $1.26 billion |
| 18 | GFH FINANCIAL GROUP BSC | $1.24 billion |
| 19 | BOUBYAN PETROCHEMICAL COMPANY K.S.C.P. | $1.17 billion |
| 20 | HUMANSOFT HOLDING COMPANY K.S.C.P. | $1.13 billion |
| 21 | GULF INSURANCE GROUP K.S.C.P. | $1.08 billion |
| 22 | GULF CABLE AND ELECTRICAL INDUSTRIES COMPANY - KPSC | $1.07 billion |
| 23 | KUWAIT INTERNATIONAL BANK K.S.C.P. | $0.990 billion |
| 24 | ALI AL-GHANIM SONS AUTOMOTIVE COMPANY K.S.C.P. | $0.931 billion |
| 25 | MEZZAN HOLDING COMPANY K.S.C.P. | $0.920 billion |
| 26 | COMMERCIAL REAL ESTATE COMPANY K.P.S.C. | $0.884 billion |
| 27 | GULF INVESTMENT HOUSE - KPSC | $0.830 billion |
| 28 | JAZEERA AIRWAYS K.S.C.P. | $0.813 billion |
| 29 | SALHIA REAL ESTATE COMPANY K.S.C.P. | $0.788 billion |
| 30 | KUWAIT REAL ESTATE COMPANY K.P.S.C. | $0.735 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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