As of February 10, 2025, 2024, KUWAIT FINANCE HOUSE is the most valuable company in Kuwait, with a market cap of $40.89 billion. Following it are NATIONAL BANK OF KUWAIT ($26.63 billion) and BOUBYAN BANK ($8.67 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. | $40.89 billion |
| 2 | NATIONAL BANK OF KUWAIT S.A.K.P. | $26.63 billion |
| 3 | BOUBYAN BANK K.S.C.P. | $8.67 billion |
| 4 | MOBILE TELECOMMUNICATIONS COMPANY K.S.C.P. | $6.64 billion |
| 5 | COMMERCIAL BANK OF KUWAIT K.P.S.C. | $4.28 billion |
| 6 | GULF BANK K.S.C.P. | $3.93 billion |
| 7 | MABANEE COMPANY K.P.S.C. | $3.67 billion |
| 8 | AL AHLI BANK OF KUWAIT K.S.C.P. | $2.39 billion |
| 9 | BURGAN BANK K.P.S.C. | $2.38 billion |
| 10 | AGILITY PUBLIC WAREHOUSING COMPANY K.S.C.P. | $2.14 billion |
| 11 | NATIONAL INDUSTRIES GROUP HOLDING - KPSC | $2.01 billion |
| 12 | KUWAIT TELECOMMUNICATIONS COMPANY K.S.C.P. | $1.91 billion |
| 13 | NATIONAL MOBILE TELECOMMUNICATIONS COMPANY K.S.C.P. | $1.87 billion |
| 14 | BOURSA KUWAIT SECURITIES COMPANY K.P.S.C. | $1.73 billion |
| 15 | WARBA BANK K.S.C.P. | $1.63 billion |
| 16 | IFA HOTELS AND RESORTS - KPSC | $1.52 billion |
| 17 | KUWAIT PROJECTS COMPANY HOLDING K.S.C.P. | $1.42 billion |
| 18 | GULF CABLE AND ELECTRICAL INDUSTRIES COMPANY - KPSC | $1.27 billion |
| 19 | GFH FINANCIAL GROUP BSC | $1.22 billion |
| 20 | BOUBYAN PETROCHEMICAL COMPANY K.S.C.P. | $1.19 billion |
| 21 | HUMANSOFT HOLDING COMPANY K.S.C.P. | $1.12 billion |
| 22 | COMMERCIAL REAL ESTATE COMPANY K.P.S.C. | $1.11 billion |
| 23 | GULF INSURANCE GROUP K.S.C.P. | $1.1 billion |
| 24 | KUWAIT INTERNATIONAL BANK K.S.C.P. | $1.05 billion |
| 25 | KUWAIT REAL ESTATE COMPANY K.P.S.C. | $1.04 billion |
| 26 | ALI AL-GHANIM SONS AUTOMOTIVE COMPANY K.S.C.P. | $0.940 billion |
| 27 | MEZZAN HOLDING COMPANY K.S.C.P. | $0.925 billion |
| 28 | GULF INVESTMENT HOUSE - KPSC | $0.817 billion |
| 29 | OULA FUEL MARKETING COMPANY - KSCP | $0.796 billion |
| 30 | ARZAN FINANCIAL GROUP FOR FINANCING AND INVESTMENT - KPSC | $0.771 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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