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May 31, 2010 - Financial Times has released its Global 500 list of the world’s largest enterprises ranked by market value. According to the list, Saudi Basic Industries Corporation (SABIC) rose by 51 levels from the 117 position in 2009 to number 66 in 2010. This ranking was based on a stock price of $26.5 (SR99.37). Other Saudi companies listed in the top 500 were Al Rajhi Bank at number 215 and Saudi Telecom Company at number 307.
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