Top 10 Highest Paying Companies in Saudi Arabia in 2024

Highest Paying Saudi Arabia Companies

If you are looking for the highest paying Saudi Arabia Companies, look no further. Here we listed the Top 10 Highest Paying Saudi Arabia Companies with reference of valued by market capitalization and the number of employees.

As you know that Saudi Arabia is one of the richest and influential countries in the middle east. It is the most popular destination for expatriate job seekers for every level of the working group.

These employers span a range of the sector from real state to finance and telecom too.


Top 10 Highest Paying Saudi Arabia Companies


1) Saudi Basic Industries Corporation (SABIC)

Sector: Energy – Fossil Fuel

SABIC is in number one of the highest paying Saudi Arabia companies. It is the largest public company, and it specializes in petrochemicals.

It was founded in 1976, and its headquarters is located in Riyad, Saudi Arabia.  The estimated market capitalization of SBIC is approximately $66.98 BN with annual revenue of about $50.65 BN.

2) Saudi Telecom Co (STC)

Sector: Telecommunication Services

STC is the second highest paying Saudi Arabia company. In addition, it is one of the leading telecommunications companies based in Saudi Arabia.

It was founded in 1988. The estimated market capitalization of STC is approximately $28.79 BN, and annual revenue is about $15 BN.

3) Al Rajhi Banking & Investment Corporation

Sector: Banking and Investment Services

It is the most prominent Islamic bank in the whole world. It was founded in 1975, and its headquarters is at Riyad, Saudi Arabia.

The estimated market capitalization of Al Rajhi Bank is approximately $22.42 BN, and annual revenue is about $3.39 BN.

4) Saudi Electricity Co

Sector: Utilities

Saudi Electricity Co is also one of the highest paying Saudi Arabia companies. It offers different services which are related to generating and distributing electricity.

The estimated market capitalization of Saudi Electricity Co is approximately $18.88 BN, and annual revenue is about $8.15 BN.

5) National Commercial Bank

Sector: Banking & Investment Services

It is one of the largest banks in Saudi Arabia and is a leading financial institution in Saudi.

The estimated market capitalization of this bank is approximately  $18.72 BN.

6) Jabal Omar Development Co

Sector: Real Estate

JODC Jabal Omar Development Company (JODC) is a leading real estate development company focused on the Hajj and Umrah industry.

It was founded in 2005 and is located at Jabal Omar Building, King Khaled Street Makkah, Saudi Arabia.

It is one of the highest paying Saudi Arabia companies in the Real Estate sector.

The estimated market capitalization of JODC is $12.82 BN.

7) Almarai Co

Sector: Food & Beverages

Almarai Co, the largest dairy company in Saudi Arabia by market value, operates dairy farms and processes food and marketing dairy products and fruit juices.

It was founded in 1976 and is located in Riyad, Saudi Arabia.

This is one of the most popular companies for the foreign expertise of the wide range of the working class.

The estimated market capitalization of Almarai Co is approximately $11.5 BN.

8) Kingdom Holding Co

Sector: Investment Holding Companies

Kingdom Holding Company (KHC) is a publicly listed, leading investment holding company based in Riyadh, Saudi Arabia.

The estimated market capitalization of KHC is approximately $10.27 BN.

9) Saudi Arabian Mining Co

Sector: Mineral Resources

According to market capitalization, Saudi Arabian Mining Co (Ma’aden) is the leading mining and metals company in Saudi Arabia and the tenth-largest mining company in the world.

The estimated market capitalization of the company is approximately $9.84 BN.

10) Samba Financial Group

Sector: Banking and Investment Services

Samba Financial Group is one of the largest banking and financial institutions in Saudi Arabia.

It was founded in 1980, and its estimated market capitalization is about $9.41 BN.


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