DOHA: Ezdan Real Estate was ranked sixth among companies in GCC with the top shareholdings ratings in terms of market value with a total volume of $21.8bn.
The ever developing real estate company has actually raised its capital in January last year by $26.5bn as a result of a merger with an international housing group.
Two other Qatari companies made it to the top ten in the region and these are Qatar Industries Co., ranked seventh with a market value of $20.54bn while QNB ranked eighth with $19.5bn
Fourteen local companies also excelled and were listed among top 100 companies in the recent financial report in the region.
These include: Qtel at 23rd with $7bn market value; Qatar Islamic Bank at 33rd rank with with $5bn; Barwa Real Estate at 40th spot with $4bn; Al Rayyan Bank at 41st with $3.9bn; Kharahamaa at 45th with $3.6bn; Doha Bank at 42nd with $3.39bn; Qatar Navigation Company at 52nd with $3.16bn; Nakilat Company at 54th with $3bn; Aamal at 60th spot with $2.74bn; WOQOD at 70th with $2.4bn; Vodafone Qatar at 78th with $1.91bn; QIIB at 80th spot with $1.88bn; Qatar Insurance Company at 84th with $1.8bn and Al khalij Bank at 89th with $1.6bn.
© The Peninsula 2011
