The top 10 Companies in Saudi Arabia
Over the past decade, Saudi Arabia has been making remarkable strides in developing its innovation ecosystem with the support of major telecom and industrial companies. These efforts are now yielding tangible results, as Saudi Arabia emerges as one of the fastest-transforming countries globally, diversifying its economy and ushering in new sectors.
In collaboration with Forbes Middle East, Saudi Arabia’s Research, Development, and Innovation Authority has unveiled the top 10 most innovative companies in the country, along with 40 other progressive companies.
Each company featured in the report has demonstrated remarkable innovation, including their sustainability initiatives, knowledge-sharing efforts, and inspiring endeavors.
To compile this ranking, a meticulous methodology was followed. Information was collected from companies through questionnaires, annual reports, sustainability reports, and company websites. The assessment was based on several criteria, including the company’s commitment to innovation, investment in innovation, non-financial outcomes of innovation, financial outcomes of innovation, and environmental, social, and governance (ESG) impacts.
Saudi Arabia’s thriving innovation ecosystem is positioning the country as a global leader in economic diversification and sustainability. These innovative companies are driving positive change, inspiring others, and shaping a brighter future for Saudi Arabia and beyond.
