UAE’s Emirates Airlines and Saudi Arabia’s Saudi Aramco are the top companies in UAE and KSA respectively as per LinkedIn’s annual list of Top Companies for the UAE and Saudi Arabia.
While in the UAE, Procter & Gamble, Kearney, Majid Al Futtaim and Visa take the next four spots, in Saudi Arabia Red Sea Global Hospitality, stc Telecommunications Procter & Gamble and Saudia are the next in the pecking order.
In its largest iteration yet, this year’s Top Companies list launches across 39 markets. The methodology looks at various pillars including how employees are advancing both within a company and when they leave, how they’re upskilling while employed, and how companies are empowering people to get ahead in their careers.
Given the global decline in hiring and economic uncertainty that businesses are grappling with, highlighting these employers will help professionals understand which companies have invested in making their workplace an ideal environment for talent to thrive.
Ascent of FMCG and retail companies in the UAE
2023 rankings for the UAE highlight the growth of prominent FMCG companies such as Procter & Gamble, Majid Al Futtaim, and Henkel. Both P&G and Henkel have secured a place in the rankings for the first time, while Majid Al Futtaim has soared from the 13th place in 2021 to claiming the 4th place this year.
Public sector grabs top spots in Saudi Arabia
oWhile Saudi Arabia has made considerable progress towards diversifying its economy, the kingdom’s oil and gas sector maintains its power with Saudi Aramco retaining its position as the country’s top company for the third year in a row.
oThe following two spots also feature prominent government-backed entities, with Red Sea Global making its debut appearance, followed by telecommunications provider stc.
P&G holds court in the region
oMultinational corporation Procter & Gamble, which specialises in a wide range of consumer products including personal care, cleaning agents, and pet food has made a noteworthy appearance in both UAE and KSA, indicating a strong foothold in the GCC and commitment to empowering career growth for employees across markets.
Lynn Chouman, Managing Editor at LinkedIn News Mena said: "This year’s list is an indication that the world of work is still undergoing enormous change, and it is interesting to see how quickly our markets are evolving with 75% new entrants in the 2023 Top Companies lists for the UAE and Saudi Arabia.
Chouman continued: “This is a testament to the dynamic nature of the modern workplace and how the top industries are growing alongside market trends. Our data recognises companies that have remained an employer of choice in the midst of global uncertainty, while acting as a valuable resource for professionals seeking the best places to work in the region."
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