(MENAFN- Muscat Daily) Bank Muscat has topped Omani companies ranked in the Forbes Top 500 Companies in the Arab World 2015.
The bank was listed 44th in the Forbes survey which celebrates the region's corporate success. The rankings were based on financial performance as of December 2014 and featured publicly listed companies across Arab countries.
AbdulRazak Ali Issa chief executive said 'Bank Muscat is immensely proud to be ranked again among the top 500 companies in the Arab world. The recognition endorses the bank's unrivalled position in Oman as well as the region established by the global best practices. Time and again prestigious global awards won by Bank Muscat reiterate its leadership position.'
Forbes Middle East said 'The Top 500 Companies in the Arab World are the legacy of our time. They are bringing diversification to the region's economies and carrying that success to international soil. The Top 500 is testament to an exciting time in the Middle East reflecting the passion and drive of formidable corporations.'
In 2014 Bank Muscat topped Omani companies in the Forbes Top 500 ranking and in 2010 the bank had the distinction of being the only Omani company to be listed in The Forbes Global 2000 featuring the biggest and most powerful listed companies of the world.
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