Brand value of the leading 10 most valuable Middle Eastern brands 2023

Aramco, a state-owned oil and gas company based in Dhahran, Saudi Arabia, topped the list of Middle Eastern brands in 2023, with an estimated brand value of 45.2 billion U.S. dollars. The second most valuable Middle Eastern brand, ADNOC, had an estimated value of 14.2 billion U.S. dollars.

Top oil brands in the Middle East

The Middle East is home to several leading brands in the oil and gas industry, reflecting the region's strategic position as a global energy hub. In 2022, the Middle East was responsible for the largest share of global oil production, contributing approximately one-third of the world's total oil output. Saudi Aramco stands as a symbol of Saudi Arabia's dominance in the oil sector. The country possesses one of the globe's most substantial oil reserves, comprising around 20 percent of the world's conventional oil resources.

The region’s top companies

The Middle East is famous for several prominent brands that have made a significant impact both regionally and globally. Among these, Emirates Airlines stands out as one of the world's leading carriers, known for its luxurious services and extensive network of international destinations. It is now the largest airline in the Middle East, operating from Dubai International Airport, ranked as the world's busiest airport in 2020. Additionally, telecommunications giant Etisalat has expanded its footprint across the Middle East and Africa, providing innovative communication services. Recently Etisalat was considered the world's fastest growing network provider. These and other top Middle Eastern brands not only contribute to the region's economic growth, but also enhance its global reputation for innovation and business excellence.