The 30 banks have a total market value of $586.6 billion and total assets worth $2.5 trillion. Dubai: Forbes Middle East has unveiled its ranking of the Middle East’s Top 30 Banks 2022, recognizing the region’s most resilient banking heavyweights that have emerged strong from the pandemic crisis. To construct the list, Forbes Middle East compiled data from listed stock exchanges in the Arab world and ranked companies based on sales, profits, assets, and market value. As of June 28, 2022, the 30 banks had a total market value of $586.6 billion and assets worth $2.5 trillion. Forbes Middle East extends the Forbes brand of journalism across the Arab world, conducting its own comprehensive research to publish original lists that adhere to strict methodologies.

Source: Forbes August 07, 2022 18:49 UTC