Dubai, April 15, 2014. Saneou Al Hadath, a unique monthly Arabic business magazine, has released its annual report on the Best Performing Saudi Companies of 2013.
This seventh edition employed a mathematical approach to analyze companies that were listed on the Saudi stock market, Tadawul. All companies were ranked based on six financial indicators and then categorized into their respective sectors to maintain fairness.

Of the 11 financial institutions that were evaluated, Al Rajihi Bank ranks number one in the banking sector, with 24 points. In electricity, Saudi Electricity Company (SEC) earns the top spot for the third year in a row, although it shares its position with National Gas and Industrial Company (GASCO).
Saudi Telecom Company (STC) maintains its high ranking in telecommunications, whereas NADAC wins first place for the second time in the agriculture sector, out of 16 companies that were included in the research.

In the construction sector, which included an evaluation of 15 companies, Saudi Ceramic Company leads the ranking. In petrochemicals, Petro Rabigh retains its top position for the third consecutive year, while Hail Cement Company earns the highest spot in the cement segment.
Al Mowasah secures the top slot in the retail sector, out of 11 companies that were analyzed in the study. In miscellaneous investment, Kingdom Holding ranks number one, whereas Saudi Research and Marketing Group (SRMG) comes first in the media and publications sector for a third time.
While SAPTCO comes first in transport, it is Emaar that leads in real estate. Touristic Enterprises Company shares its top ranking with Al Tayyar Group in the hotels and tourism industry.

Among 14 companies that were assessed for their performances in industrial investment, Ma’aden and Al Sorayai Group achieved the highest scores. Lastly, in the insurance sector - which was the biggest segment in the study with 33 companies - Bupa Arabia garners the first place.
“The purpose of this study was to review the performances of companies listed on the Saudi stock market in 2013 in order to incentivize under-performing companies to do better and to identify and rectify weaknesses, so they can follow the steps of other companies that have achieved good results and high rankings,” says Osama Al Ranna, editor-in-chief of Saneou Al Hadath.

He adds: “There are no personal opinions in this study, neither have we been influenced by any external factors that might impact its integrity. In order to maintain our readers’ confidence in us, we have detailed our approach in the preface to the study published in the magazine.”
Saneou Al Hadath, which is an Arabic monthly magazine published by Mediaquest, features in-depth news and information about the Middle East region’s business and finance industries, with a special focus on regional entrepreneurs who have established successful ventures. Ranked among top business magazines in the Arab world, as per the Ipsos Index, it aims to attract mid- and senior-level executives.

Al Ranna concludes: “Saneou Al Hadath seeks to provide unique studies and results that will help readers make their decisions in both short and long terms. By providing comprehensive views and in-depth analyses of all major Saudi sectors, this study supports companies and the region by playing the role of an investors’ guide and by helping businesses in different industries receive due recognitions for their achievements.”