Kuwait Finance House (KFH) ranked first in Kuwait and 12^th regionally on Forbes’ 2026 list of the 100 Most Valuable Companies in the Middle East and North Africa.

With a market capitalization of $47.6 billion, KFH has cemented its position as Kuwait`s largest company across all sectors.

The Forbes list features the region’s largest, most valuable, and most profitable companies across sectors, including banking, energy, industrials, petrochemicals, telecommunications, transportation, and construction.

KFH Group Chief Executive Officer, Khaled Yousef AlShamlan stated that the bank’s competitive advantages secured its top position among Kuwaiti firms on Forbes’ 2026 list of the Middle East’s 100 Most Valuable Companies. He attributed this to sustainable profitability, operational excellence, financial efficiency, and innovative services, alongside the seamless integration of the Group’s global operations across 10 countries and more than 600 branches.

AlShamlan added that KFH’s ranking reflects its broad customer base, diverse activities and services, leadership in digital transformation across banking and operations, and the integration of sustainability across the Group.

He noted that the ranking is a testament to KFH’s financial strength and its position as the most profitable bank in the sector. In 2025, KFH reported net profit of KD 632.1 million attributable to the shareholders of the bank; an increase of 5.0% compared to 2024. Net financing income reached KD 1.3 billion, up 11.5%, while net operating income rose to KD 1.2 billion, up 10.7%.

Forbes Middle East also said that KFH signed the largest Kuwaiti dinar-denominated credit facility agreement, valued at KD 1.5 billion, with KPC. The Islamic finance tranche totaled KD 675 million, with KFH contributing KD 405 million. The publication further highlighted KFH’s successful $1 billion senior unsecured Sukuk issuance, a key step in the Bank’s strategy to strengthen its capital base, diversify funding sources, and expand its capacity to finance major development projects in Kuwait.

Methodology

The Forbes ranking is based on market capitalization data from 12 stock exchanges across 11 MENA countries. Companies were ranked using closing prices as of January 31, 2026, with currency conversions calculated based on exchange rates from the same date.