Forbes Middle East is hosting its fourth annual event to celebrate the Top Companies in the Arab World 2016. The event will also, for the first time, acknowledge Kuwait’s success and applaud the country’s contribution in development of the region.

Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah, minister of state for cabinet affairs of Kuwait, will grace his presence at the event.

The exclusive event is expected to be attended by heads of companies who have helped make the region one of the major investment attractions for international investments.

The event will celebrate the top 100 companies in the Arab region. The ranking of these top 100 companies is measured based on four metrics — sales, net profits, assets and market value as of April 2016.

The event will also celebrate the success of prominent Kuwaiti companies and leaders that have, with their talent and dedication, contributed significantly to the region. The list comprises three major categories — the top companies listed on the Kuwait Stock Exchange, the privately-held companies making an impact in Kuwait, and the most powerful Kuwaiti business women.

The evening of fine dining and celebrations is scheduled to be held in Kuwait and is expected to be attended by some of the leaders across various sectors, business heads in the public and private sector and diplomats from across the Arab region.

Forbes Middle East stated that it is proud to collaborate with esteemed partners on this occasion. They include multinational conglomerate Stallion Group; Al-Tayyar Travel Group, a major travel and tourism leader in MENA region; eminent waterfront development company Al-Marjan Island; online travel agency in Saudi Arabia Al-Mosafer.com; and exclusive print partner Alanba newspaper.