5 Most Powerful and Influential Companies

2) Saudi Aramco (TADAWUL: 2222)

Often dubbed as the kingpin of the oil industry, Aramco is often ranked as the most profitable company in the world. It was founded after the Arabian American oil company in Saudi Arabia was nationalized and is now under the control of the Saudi government. It has a staggering market capitalization of $1.68 trillion. It is the world’s largest company in terms of profit with a whopping figure of more than $88 billion as of 2020. Aramco operates both the largest offshore and onshore oil fields in the world. In 2019, it reported having produced more than 3.6 billion barrels of crude oil.