Saudi Aramco

Aramco is the largest integrated oil and gas company in the world, and retains its position as the most valuable brand in the Middle East. As a Saudi Arabian oil and gas behemoth, the national oil company of Saudi Arabia has benefitted from the recent increase in oil and gas prices and demand. Saudi Aramco’s IPO in 2019 raised $25.6 billion, making it the largest IPO in history, surpassing the previous record held by Alibaba. Aramco's brand value alone accounts for over a third of the total brand value of the top 20 companies in the Middle East.