Ikrami Abdullah from Riyadh
The Official data showed that the market value of the ten largest listed companies around the world reached $ 10.95 trillion, according to the latest closure (the closure of international companies last Friday and the closure of the Saudi stock market yesterday).
The ten companies are Apple, Saudi Aramco, Amazon, Microsoft, Alphabet (Google), Facebook, Alibaba, Berkshire Hathaway, Visa, and Walmart.
According to the monitoring unit of the reports in Al-Eqtisadiah newspaper, the top of the list is between the two giants "Saudi Aramco" and the iPhone manufacturer "Apple", as the oil giant remained at the top of the list until last August, after which the American company was able to occupy the position. The first is supported by the resounding rise of technology companies taking advantage of the outbreak of the Corona pandemic.
Despite this, the difference between the two companies remains close in light of the success of "Saudi Aramco" in returning to the pre-Corona price, so that the market value of the company is currently about $ 1.91 trillion, after the stock closed yesterday at 35.85 riyals, bringing its total value to 7.17 trillion riyals, despite From the drop in oil prices of more than 4 percent during last Friday's session.
On the other hand, the market value of Apple fell to $ 2.07 trillion, affected by the sharp decline in technology shares after an accelerating rally since the outbreak of Corona.
"Apple"
Apple, which produces many products, the most famous of which is the iPhone, iPad, and Mac computers, and its founding Steve Jobs led the world in market value with $ 2.07 trillion.
"Aramco Saudi Arabia"
Second, Saudi Aramco has a market value of about $ 1.91 trillion. And "Saudi Aramco", the largest oil company in the world, produces a barrel out of every eight barrels produced globally.
Saudi Aramco offered 3 billion shares (1.5 percent of its shares) for public subscription during the period from November 17 to December 4, 2019, bringing the total of the offering to 96 billion riyals ($ 25.6 billion), making it the largest In the world, he juxtaposes the $ 25 billion Chinese company Alibaba offering.
On January 12, 2020, the company announced that the total volume of the offering after the exercise of the purchase option increased to 3.45 billion ordinary shares, representing a total offering value of 110.4 billion riyals ($ 29.4 billion).
Amazon
Amazon is the third-largest company in the world by market value, with $ 1.65 trillion.
And "Amazon", is an e-commerce and cloud computing site, founded in 1994 by businessman Jeff Bezos, and is based in Seattle, Washington. It is the largest Internet-based retailer in the world by total sales and market value.
«Microsoft»
Microsoft, which is famous for selling many drivers, the most famous of which is Windows and Office, was founded by the famous businessman Bill Gates, the fourth largest company in the world by market value, with $ 1.26 trillion.
"Google"
Fifth place was booked by Alphabet, the parent company of Google, YouTube, Chrome, the operating system for Android phones and e-mail "Gmail", with a market value of $ 1.08 trillion.
"Facebook"
In sixth place, Facebook came with a market value of about $ 805 billion. The company runs the Facebook website, which is the most popular social media platform.
"Ali Baba"
The market value of the Chinese Alibaba Group amounted to about $ 762 billion, ranking it seventh in the world, and the Alibaba Group Holding Ltd., is a diversified e-commerce company based in China.
Berkshire Hathaway
Berkshire Hathaway ranked eighth with a market value of $ 523 billion. It is a holding company headquartered in Omaha, Nebraska, in the United States, and operates a number of subsidiaries. Warren Buffett is the company's president and chief executive officer.
"Visa"
In ninth place came Visa, a credit and debit card processor, with a market value of about $ 486 billion.
"Walmart"
In tenth place came Walmart, an American retail company that is the largest in the world in its field, with a market value of about $ 405 billion.
Economic Reports Unit
