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Business Strategies for the Muslim World
   
 
July 2008: Rajab 1429: Issue 27 
 




Saudi Aramco & Dow Chemical in $26 bln petrochemical deal

Savola Group secures BMG Transparency award 2008

Riyad Bank posts modest Q2 profit, up 6.8%

2nd Quarter Profit up 8.2% for Al Rajhi Bank

Vakif Bank and Turkish State Railway launch Rail & Miles program

Agility gains 100% stake in Danish CF Geologistics

Abdul Lateef Jameel Group launches virtual business academy

Jumbo Electronics gets Service Excellence award

Emaar Properties introduce Passion Plus system

Emirates introduces non-stop flight on Dubai-California route

Turkish Airlines signs strategic deal with Garuda Indonesia

Malaysian Airlines halts non-profitable flight routes

Zain secures approval to raise $ 4.53 billion capital

Turkcell launches Windows Live Messenger for mobile

Etisalat & France Telecom sign collaborative agreement

Iran Khodro & OIC to make 'People's car'

 


 Home /  
 
DS100

The 2007 DS100
Top 100 Companies of the Muslim World


Updated Jan 27th, 2008

Analysis: Fueled By Oil Windfall, Non-Energy Companies Get Biggest Boost

 •
Key Facts
15 Most Exciting Companies
Profiles: Zain, Emaar's Mohamed Bin Ali Alabbar, Ulker
Media Coverage Feedback
Criteria Credits
Corrections 2006 Ranking


DS100 News Briefs

RSS DS100 News
Full List
By Industry
By Country
COMPANY
RANK
COUNTRY
REVENUE 2006*
US$ (mln)
% REV. GROWTH
'05-'06
TYPE
INDUSTRY

Saudi Arabian Oil Co.    (Saudi Aramco)1

1

Saudi Arabia

 $ 199,756

19%

Government

Oil & Gas - Integrated

National Iranian Oil Company1

2

Iran

 $ 90,795

20%

Government

Oil & Gas - Integrated

Kuwait Petroleum Corp.1

3

Kuwait

 $ 59,403

38%

Government

Oil & Gas - Integrated

Petroliam Nasional Bhd. (Petronas)

4

Malaysia

 $ 50,987

15%

Government

Oil & Gas - Integrated

Iraq National Oil Company1

5

Iraq

 $ 45,036

27%

Government

Oil & Gas - Integrated

Koc Holding A.S.

6

Turkey

 $ 34,511

90%

Listed

Diversified - Automotive, Energy, Finance, Other

Abu Dhabi National Oil Co.1

7

United Arab Emirates

 $ 30,811

30%

Government

Oil & Gas - Integrated

Nigerian National Petroleum Corporation1

8

Nigeria

 $ 29,896

14%

Government

Oil & Gas - Integrated

National Oil Company (NOC)1

9

Libya

 $ 28,715

25%

Government

Oil & Gas - Integrated

Sonatrach

10

Algeria

 $ 28,425 

22%

Government

Oil & Gas - Integrated

Syrian Petroleum Company1

11

Syria

 $ 24,440  

6%

Government

Oil & Gas - Integrated

Saudi Basic Industries Corporation (SABIC)

12

Saudi Arabia

 $ 23,020

10%

Listed

Chemical Manufacturing

PT Pertamina (Persero)1

13

Indonesia

 $ 21,522

1%

Government

Oil & Gas - Integrated

Qatar Petroleum1

14

Qatar

 $ 17,902

26%

Government

Oil & Gas - Integrated

Petroleum Development Oman1

15

Oman

 $ 15,316

31%

Government

Oil & Gas - Integrated

Socar (State Oil Company Azerbaijan)1

16

Azerbaijan

 $ 16,500

Government

Oil & Gas - Integrated

Sabanci Holding

17

Turkey

 $ 12,052

14%

Private

Diversified - Finance, Retail, Comm., Other

Egyptian General Petroleum (EGPC)1

18

Egypt

 $ 11,883

11%

Government

Oil & Gas - Integrated

Petrol Ofisi A.S.

19

Turkey

 $  9,583

9%

Listed

Oil & Gas Operations

Saudi Telecom Company

20

Saudi Arabia

 $  9,012

4%

Listed

Telecommunications

Ziraat Bank

21

Turkey

 $  8,933

11%

Government

Commercial Banking

Dogan Holding

22

Turkey

 $  8,575

23%

Listed

Diversified - Finance, Energy, Media, Other

The Emirates Group

23

United Arab Emirates

 $  8,477

28%

Government

Airline

Iran Khodro PLC

24

Iran

 $  8,093

12%

Listed

Auto & Truck Manufacturing

Isbank

25

Turkey

 $  8,084

25%

Listed

Commercial Banking

Saudi Oger Company Ltd.

26

Saudi Arabia

 $  8,000

142%

Private

Construction Services

Ulker

27

Turkey

 $  7,500

14%

Listed

Food Processing

KazMunayGas

28

Kazakhstan

 $  7,454

35%

Government

Oil & Gas - Integrated

Tenaga Nasional bhd

29

Malaysia

 $  6,994

14%

Listed

Electric Utilities

Akbank TAS

30

Turkey

 $  6,834

23%

Listed

Commercial Banking

Pakistan State Oil Company Ltd.

31

Pakistan

 $  6,705

17%

Listed

Oil & Gas Operations

Sime Darby Bhd

32

Malaysia

 $  6,220

3%

Listed

Diversified - Plantations, Heavy equip., Auto, Other

Astra International

33

Indonesia

 $  5,862

-10%

Listed

Diversified - Auto, Finance, Other

Telkom Indonesia

34

Indonesia

 $  5,473

23%

Government

Telecommunications

Saudi Electric Company

35

Saudi Arabia

 $  5,283

5%

Listed

Electric Utilities

Dallah Albaraka Group2

36

Saudi Arabia

 $  5,204

Private

Diversified - Finance, Media, Other

Kazakhmys

37

Kazakhstan

 $  5,046

94%

Listed

Copper, Nickel, Lead, And Zinc Mining

M.A. Kharafi & Sons2

38

Kuwait

 $  5,021

 

Private

Diversified - Engineering, construction, other

Saudi Binladin Group2

39

Saudi Arabia

 $  5,000

Private

Diversified - Construction, Telecom, Mining

Telekom Malaysia Bhd

40

Malaysia

 $  4,952

18%

Listed

Telecommunications

TurkCell

41

Turkey

 $  4,700

4%

Listed

Telecommunications

The Lion Group

42

Malaysia

 $  4,646

52%

Listed

Diversified - Steel, Retail, Agriculture, Other

National Petrochemical Company

43

Iran

 $  4,610

30%

Government

Chemical Manufacturing

Maybank Group

44

Malaysia

 $  4,575

19%

Listed

Commercial Banking

Dogus Holding Co.

45

Turkey

 $  4,541

-42%

Private

Diversified - Finance, Automotive, Retail, Other

Vestel 4

46

Turkey

 $  4,476

17%

Listed

Appliance & Tools

Emirates Telecommunications (Etisalat)

47

United Arab Emirates

 $  4,436

27%

Listed

Telecommunications

Orascom Telecom Holding

48

Egypt

 $  4,401

36%

Listed

Telecommunications

Vakif Bank

49

Turkey

 $  4,364

21%

Government

Commercial Banking

Saad Group of Companies2

50

Saudi Arabia

 $  4,352

Private

Diversified - Construction, Healthcare, IT

Turkish Airlines

51

Turkey

 $  4,210

39%

Government

Airline

EreĞli Iron & Steel Works Co. (Erdemir)

52

Turkey

 $  4,190

17%

Listed

Iron And Steel

Consolidated Contractors International Company

53

Saudi Arabia

 $  4,189

79%

Private

Construction Services

Zain (formerly MTC)

54

Kuwait

 $  4,167

108%

Listed

Telecommunications

Suez Canal Authority

55

Egypt

 $  4,100

7%

Government

Misc. Transport

Malaysian Airline System Bhd

56

Malaysia

 $  4,071

19%

Listed

Airline

Enka Holdings

57

Turkey

 $  4,030

34%

Listed

Construction Services

ETA - Ascon Group

58

United Arab Emirates

 $  4,000

33%

Private

Diversified - Engineering, Construction, other

Emaar Properties

59

United Arab Emirates

 $  3,813

67%

Listed

Construction Services

Electricity Generation Company Inc.

60

Turkey

 $  3,776

40%

Government

Electric Utilities

Group ONA

61

Morocco

 $  3,742

16%

Listed

Diversified - Mining, Construction, Finance, Other

Agility

62

Kuwait

 $  3,710

124%

Listed

General Freight Trucking

PPB Group

63

Malaysia

 $  3,473

16%

Listed

Diversified - Food production and processing, Property

National Commercial Bank

64

Saudi Arabia

 $  3,366

32%

Government

Commercial Banking

Abdul Latif Jameel Group 2

65

Saudi Arabia

 $  3,299

 

Private

Retail - Automobile

Bumiputra-Commerce Holdings Bhd

66

Malaysia

 $  3,258

39%

Listed

Commercial Banking

Perusahaan Listrik Negara, PT 2

67

Indonesia

 $  3,233

-49%

Government

Electric Utilities

Tekel

68

Turkey

 $  3,200

14%

Government

Crops

Saud Bahwan Group

69

Oman

 $  3,000

50%

Private


Retail - Automobile

UMW Holdings Bhd

70

Malaysia

 $  2,999

7%

Listed

Diversified - Auto, Oil & Gas, Manufacturing

Bank Mandiri

71

Indonesia

 $  2,987

24%

Listed

Commercial Banking

Orascom Construction Industries

72

Egypt

 $  2,865

44%

Listed

Construction Services

Gudang Garam Tbk Pt

73

Indonesia

 $  2,805

2%

Listed

Tobacco

Eczacibasi Group3

74

Turkey

 $  2,800

10%

Private

Diversified - Pharma, Construction, Retail

Al Rajhi Banking And Investment Corp.

75

Saudi Arabia

 $  2,761

29%

Listed

Commercial Banking

IOI Group

76

Malaysia

 $  2,693

47%

Listed

Crops

Ciner Group (Previously Park Group)

77

Turkey

 $  2,680

21%

Private

Textile, Energy, Mining

Samba Financial Group

78

Saudi Arabia