{"id":85354,"date":"2023-12-04T10:30:25","date_gmt":"2023-12-04T07:30:25","guid":{"rendered":"https:\/\/indexeconomic.com\/?p=85354"},"modified":"2023-12-04T10:30:26","modified_gmt":"2023-12-04T07:30:26","slug":"sadafco-joins-inaugural-fortune-500-arabia-list-of-the-most-successful-arab-companies","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=85354","title":{"rendered":"SADAFCO joins inaugural Fortune 500 Arabia list of the most successful Arab companies"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong> <\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong> <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><strong> <\/strong>SADAFCO (Saudi Dairy and Foodstuff Company), the leading food manufacturer, distributor and seller in Saudi Arabia, has been included in Fortune magazine\u2019s inaugural list of the 500 most successful companies in the Arab world, ranking 183<sup>rd<\/sup> overall.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">Nearly a third of the companies in the new rankings are Saudi Arabian. UAE companies place second, followed by those in Egypt, Kuwait and Qatar.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">The <a href=\"https:\/\/fortunearabia.com\/en\/Home\/Fortune-500-Arabia\">Fortune 500 Arabia<\/a> joins the global Fortune 500 lists that have been published by Fortune magazine in the United States since 1955. The new annual rankings are based on nine months of verified research across 22 Arab countries. The companies are ranked by their collective revenues, which reached around US$1.6 trillion in 2022.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Patrick Stillhart, Chief Executive Officer of SADAFCO<\/strong>, said: \u201cPlacing 183<sup>rd<\/sup> in the first edition of the Fortune 500 Arabia is a testament to both SADAFCO\u2019s commercial success and the economic diversification gathering pace across the Kingdom, in line with the vision of Crown Prince Mohammed bin Salman.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">\u201cThe fact that no fewer than 153 of the 500 companies are from Saudi Arabia shows the leading role Saudi business is now playing in driving the Middle East economy forward,\u201d he added.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">Announcing the launch of Fortune 500 Arabia, <strong>Alan Murray, the CEO of Fortune Media<\/strong>, said the list reflected the region\u2019s growing economic maturity. \u201cThe publication of this list marks an important moment for the region and an important moment for these 500 companies. We are proud to welcome them all into the Fortune 500 family.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SADAFCO (Saudi Dairy and Foodstuff Company), the leading food manufacturer, distributor and seller in Saudi Arabia, has been included in Fortune magazine\u2019s inaugural list of the 500 most successful companies in the Arab world, ranking 183rd overall. Nearly a third of the companies in the new rankings are Saudi Arabian. UAE companies place second, followed &hellip;<\/p>\n","protected":false},"author":2,"featured_media":85352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-85354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SADAFCO joins inaugural Fortune 500 Arabia list of the most successful Arab companies - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indexeconomic.com\/?p=85354\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SADAFCO joins inaugural Fortune 500 Arabia list of the most successful Arab companies - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"og:description\" content=\"SADAFCO (Saudi Dairy and Foodstuff Company), the leading food manufacturer, distributor and seller in Saudi Arabia, has been included in Fortune magazine\u2019s inaugural list of the 500 most successful companies in the Arab world, ranking 183rd overall. 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