After seeing a downfall in the economic growth in 2016, Kuwait is trying to stabilize itself has moved towards positive economic growth in 2019. This year, the country’s economy is expected to grow by 4.06% according to the International Monetary Fund’s World Economic Outlook that was released in the second half of 2018. The stock market has also been favorable for the most part of the year 2018 and Kuwait emerged as the top performer among its regional peers as reported by Gulf Business. Favorable economic growth coupled with the government’s efforts to improve the job market further implies that things are going to improve for job seekers in Kuwait.
Since everybody aspires to work for the top companies, here is a list of top companies in Kuwait by market capitalization as per the data recorded by Reuters Eikon, Markaz Research as on September 11, 2018.
List of Top 10 Companies in Kuwait
National Bank of Kuwait
Market Capitalization: $16.94bn
Founded in the year 1952, the National Bank of Kuwait (NBK) is one of the first indigenous banks to open in the Sultanate of Kuwait. The bank enjoys a prominent regional market share as well as a large network of branches overseas. With an aim to become a premier Arab bank, NBK is committed to offering excellent products and services to its clients.
NBK offers an engaging workplace and gives utmost importance to the well-being of its employees. The bank is constantly on a lookout to add capable and talented professionals across functions.
Kuwait Finance House
Market Capitalization: $12.36bn
Founded in the year 1977, Kuwait Finance House (KFH) is one of the first Islamic banks that follow Islamic Finance or Shari’a Compliant Banking. Its portfolio of products and services covers real estate, trade finance, investment portfolios, commercial, retail, and corporate banking. Over the year, it has become one of the foremost Islamic financial institutions in the world.
The bank offers tremendous career opportunities to talented professionals and is committed to the growth and development of its employees.
Mobile Telecommunications Company
Market Capitalization: $6.83bn
Founded in the year 1983, Mobile Telecommunications Company K.S.C.P, popularly known as Zain, is one of the leading telecommunication companies in Kuwait as well as the entire Middle East and North Africa. In addition to mobile telecommunication services, the company also manages and maintains mobile telephones and paging systems.
Known for offering competitive salaries, the company offers numerous benefits to its employees such as health insurance, social insurance, bonuses, etc.
Agility Public Warehousing Co.
Market Capitalization: $4.42bn
Founded in the year 1979, Agility Public Warehousing Co., one of the leading logistics companies in Kuwait, has grown to become one of the top freight forwardings and contract logistics providers in the Middle East, Africa, and Asia. Its core services include air freight, ocean freight, road freight, warehousing & distribution, supply chain solutions, and systems & technologies.
Agility Public Warehousing Co. values talent and is constantly on a lookout for exceptional leaders to join its team at all levels across geographies and functions.
Market Capitalization: $4.36bn
Founded in the year 2004, Boubyan Bank is an award-winning Islamic bank in Kuwait known for offering excellent customer-centric Shari’a compliant banking products and services. In 2017, the bank won the First Place Award in Customer Service as a Country Winner as well as the Best Islamic Bank in Customer Service Award for the 8thconsecutive year from Service Hero.
Boubyan Bank believes that its own success, as well as the success of its employees, go hand in hand. For this purpose, it offers numerous supportive programs specially designed to meet employee needs and ambitions not just within the organization but outside as well.
Commercial Bank of Kuwait
Market Capitalization: $3.01bn
Founded in the year 1960,Commercial Bank of Kuwait (CBK)is one of the biggest financial institutions in the Sultanate of Kuwait. The bank utilizes its years of expertise and experience to serve its customers in the best possible manner. Over the years, it has emerged as one of the leading financiers lending loans to clients from sectors as diverse as power & energy, infrastructure & construction, etc.
CBK encourages its staff to give their best and helps them grow into strong professionals. You can check the job opening at CBKhere.
Market Capitalization: $2.55bn
Founded in the year 1960, Gulf Bank is one of the largest banks in Kuwait specializing in consumer banking, treasury, wholesale banking, and financial services. Over the years, the bank has opened 58 branches all over the Sultanate of Kuwait. The bank has won numerous awards and earned positive ratings from leading international credit rating agencies such as Moodys (A3), S & P Global (A-), and Fitch Ratings (A+).
The bank offers tremendous employment opportunities and believes in investing in the growth and development of its employees.
Market Capitalization: $2.16bn
Founded in the year 1964, Mabanee Company is one of the leading real estate companies in Kuwait that has also expanded its business into investment and constructions. Its major operations include real estate development; owning, constructing, managing, & operating commercial malls; project management; establishing & managing real estate investment portfolios; and logistics.
Known for offering a dynamic work environment, Mabanee encourages employees to challenge their limits.
Ahli United Bank
Market Capitalization: $1.98bn
The history of Ahli United Bank goes as far as 1941 when it was affiliated to a British bank. Over the years, it has established itself as a leading name in the BFSI industry of Kuwait. The company offers excellent products and services ranging from retail banking, private banking, and corporate banking.
Ahli United Bank aims to deliver service excellence consistently and this is why it lays special emphasis on hiring the best talent.
Boubyan Petrochemical Company
Market Capitalization: $1.92bn
Established in the year 1995, Boubyan Petrochemical Company (BPC) is one of the leading government-controlled petrochemical companies in Kuwait. Over the years, the company has established itself as an industrial holding company and made investments not just in the petrochemical sector but industrial/manufacturing, education, and healthcare sectors also.
Boubyan Petrochemical Company believes in developing its human resources and invests heavily on doing so.
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