Which markets are covered?

SouqData covers 11 exchanges across the GCC + MENA region: Saudi Tadawul (TDWL), Dubai Financial Market (DFM), Abu Dhabi Securities Exchange (ADX), Qatar Stock Exchange (QSE), Boursa Kuwait (BK), Muscat Securities Market (MSX), Bahrain Bourse (BHB), Amman Stock Exchange (ASE), Borsa Istanbul (BIST), Iraq Stock Exchange (ISX), and Egyptian Exchange (EGX). Coverage depth varies by exchange and is shown per-page.

How current is this data?

Underlying data refreshes daily via an automated pipeline (governance recompute, screener materialised view refresh, disclosure timeliness backfill). Source-data ingestion (annual reports, board changes, dividend declarations) runs on per-exchange cadences depending on filing patterns.

What this page covers

Audit quality scores for GCC-listed companies. Non-audit fee ratios, auditor market share, partner rotation tracking, and Big 4 vs mid-tier breakdown.

SouqData covers 11 GCC + MENA exchanges (TDWL, DFM, ADX, QSE, BK, MSX, BHB, ASE, BIST, ISX, EGX). Coverage depth varies by exchange and data category — gaps are surfaced in the page's data displays rather than hidden. Underlying data refreshes daily via an automated pipeline; per-exchange ingestion runs on filing-driven cadences.

Auditor Quality Score

Name: GCC Corporate Governance Dataset
Creator: SouqData
License: https://creativecommons.org/licenses/by-nc/4.0/

Audit independence and quality analysis for GCC-listed companies. Flags high non-audit fee ratios, overdue partner rotations, and fee spikes that may indicate auditor independence concerns.

Companies Tracked

with auditor fee data

Avg Non-Audit Ratio

23.9%

Below 30% threshold

Big 4 Share

88%

106 of 120 companies

Red Flags

non-audit ratio >30%

Auditor Market Share

EYBig 4

33 clients

150.3M

PwCBig 4

29 clients

403.9M

DeloitteBig 4

25 clients

184.6M

KPMGBig 4

19 clients

16.8M

Not specified

3 clients

12.6M

Not disclosed in provided pages

2 clients

261K

Grant Thornton

2 clients

770K

BDO LLC

1 client

8.0M

BDO Saudi Arabia, Dr. Mohamed Al-Amri & Co

1 client

1.2M

Not specified in provided pages

1 client

538K

Crowe Mak

1 client

88K

Modern Accountants

1 client

Crowe Mac UAE

1 client

289K

Moore Stephens

1 client

12K

Company Audit Risk Table

Ticker	Company	Auditor	Audit Fees	Non-Audit %	Fee Trend	Grade
RAK	RAK Properties PJSC	Grant Thornton	-	100.0%	-	C
2POINTZERO	Two Point Zero Group PJSC	EY	610,000	95.2%	-	C
MULTIPLY	Multiply Group PJSC	EY	1,732,500	94.1%	-	C
IBCT	International Business Corp. for Trading & Agencies	EY	1,732,500	94.1%	-	C
FNAR	Al Fanar Contracting Construction Trade Import & Export Co.	EY	2,394,000	87.8%	-	C
TAALEEM	Taaleem Holdings PJSC	EY	1,406,913	82.7%	-	C
ATTA	ATTA	PwC	1,170,000	63.2%	-	C
ADNHC	A D N H Catering plc	PwC	1,170,000	63.2%	-	C
ADNH	Abu Dhabi National Hotels Co.	PwC	1,170,000	63.2%	-	C
MASQ	Mashreqbank PSC	Deloitte	1,313,900	61.7%	-	C
ABRIJ	Al Wathba National Insurance Company PSC	KPMG	378,500	56.3%	-	C
NBB	National Bank of Bahrain BSC	KPMG	232,595	50.4%	-	C
CEGC	Central Electricity Generating Company	EY	29,870	46.0%	-	B
VFQS	Vodafone Qatar QSC	PwC	430,000	44.9%	-	B
SEEF	Seef Properties B.S.C	EY	11,500	44.9%	-	B
DIB	Dubai Islamic Bank PJSC	Deloitte	2,052,500	41.9%	+27.1%	C
TAQA	TAQA Arabia	Deloitte	2,480,000	41.8%	0.0%	B
ADNOCGAS	ADNOC Gas plc	Deloitte	3,536,619	41.6%	+79.8%	C
ALBH	Aluminium Bahrain B.S.C	EY	70,850	39.9%	-	B
KFH	Kuwait Finance House K.S.C.	Deloitte	1,698,000	38.9%	0.0%	B
AHLI	Jordan Ahli Bank	Deloitte	361,777	38.5%	-	B
ADAVIATION	Abu Dhabi Aviation Co.	PwC	400,000	38.4%	-	B
GFH	GFH Financial Group BSC	KPMG	974,970	37.8%	-0.0%	B
ETISALAT	Emirates Telecommunications Group Company PJSC	KPMG	2,439,771	37.7%	-	B
BNH	Bahrain National Holding Company BSC	KPMG	18,600	37.6%	-	B
MABANEE	Mabanee Company (SAKC)	EY	143,161	36.0%	-	B
EMIRATESNBD	Emirates NBD Bank (P.J.S.C)	Deloitte	2,400,000	35.1%	-	B
AMR	Americana Restaurants International PLC	PwC	678,781	34.9%	-	B
TAAGEER	Taageer Finance	PwC	37,700,000	34.6%	-	B
ZHCD	Zad Holding Co.	KPMG	445,000	33.6%	-	B
ABC	Arab Banking Corporation B S C	EY	2,256,000	29.4%	-	A
OMANTEL	Oman Telecom	EY	115,000	27.9%	-	A
FERTIGLOBE	Fertiglobe PLC	PwC	5,168,434	27.6%	-	A
TABREED	National Central Cooling Co. (P.S.C.) (Tabreed)	EY	1,222,600	26.2%	-	A
NMDCENR	NMDC Energy P.J.S.C.	Deloitte	820,966	25.3%	-	A
SAUD	Al Baraka Bank Egypt	PwC	1,801,000	25.1%	-	A
E7	E7 Group PJSC	KPMG	650,650	23.5%	-	A
AAYAN	A'ayan Leasing & Investment Co.	EY	69,000	20.7%	-	A
INB	Invest Bank	PwC	2,020,000	19.9%	-	A
ADIB	Abu Dhabi Islamic Bank-Egypt	KPMG	3,510,000	19.3%	0.0%	A
ARMX	Aramex PJSC	EY	6,610,680	16.9%	-	A
OMEM	Oman Emirates Holding	PwC	704,000	15.5%	-	A
BEYON	Beyon B.S.C	KPMG	474,801	14.5%	-	A
ADNOCDRILL	ADNOC Drilling Company PJSC	Deloitte	1,348,262	13.9%	-	A
ALMIS	Al Madina Insurance	PwC	33,800	12.9%	-	A
AGTHIA	AGTHIA Group	EY	2,523,008	11.8%	-	A
DUTYF	Bahrain Duty Free Shop Complex	KPMG	13,150	8.7%	-	A
NBQ	National Bank of Umm Al Qaiwain	EY	594,000	7.8%	-	A
EAND	Emirates Telecom. Group Company (Etisalat Group) PJSC	EY	8,828,000	7.0%	-	A
7010	Saudi Telecom Co.	PwC	30,700,000	7.0%	+8.2%	A
ALMAHA	Almaha Petroleum Products	EY	24,500	6.3%	-	A
UAB	United Arab Bank	EY	892,236	6.3%	-	A
ASYAD	Asyad Shipping Company	KPMG	66,150	4.8%	-	A
FAB	First Abu Dhabi Bank	PwC	12,000,000	4.3%	-	A
DANA	DANA GAS PJSC	EY	1,400,000	3.1%	-	A
1150	Alinma Bank	Not specified	6,095,000	2.4%	-13.1%	A
ANWAR	Al Anwar Investments	BDO LLC	8,000,000	0.0%	-	A
JTEL	Jordan Telecom	Deloitte	114,000,000	0.0%	-	A
1180	Saudi National Bank	Deloitte	20,947,404	0.0%	-15.0%	A
4280	Kingdom Holding Co.	PwC	4,050,000	0.0%	-	A
JOKB	Jordan Kuwait Bank	Not specified in provided pages	537,538	0.0%	-	A
MAIR	MAIR GROUP - P.J.S.C.	KPMG	1,650,000	0.0%	-	A
ARAM	Aram Group	Crowe Mak	87,500	0.0%	-	A
JLGC	Jordan Loan Guarantee Corporation	EY	34,220	0.0%	-	A
APHC	Arab Center for Pharmaceutical & Chemical Industries	Modern Accountants	8,000	0.0%	-	A
SALAM	Al Salam Bank B.S.C.	EY	1,455,000	0.0%	-	A
PUREHEALTH	Pure Health Holding PJSC	EY	700,000	0.0%	-	A
BURJEEL	BURJEEL HOLDINGS PLC	EY	1,200,000	0.0%	-	A
IQCD	Industries of Qatar Co.	KPMG	290,000	0.0%	-	A
DFM	Dubai Financial Market (DFM) - PJSC	KPMG	604,200	0.0%	-	A
SALIK	Salik Company PJSC	PwC	1,093,000	0.0%	-	A
EMAAR	Emaar Properties (P.J.S.C)	KPMG	-	0.0%	-	A
AJMANBANK	Ajman Bank PJSC	Deloitte	770,000	0.0%	-	A
OOMC	Oman Oil Marketing	KPMG	33,850	0.0%	-	A
JOPT	Jordan Telecom Group (Orange)	Deloitte	212,554	0.0%	-	A
FCI	Fujairah Cement Industries	Crowe Mac UAE	289,380	0.0%	-	A
SHELLOM	Shell Oman Marketing	Moore Stephens	12,000	0.0%	-	A
OMCABLE	Oman Cables Industry	PwC	33,950	0.0%	-	A
AIRARABIA	Air Arabia PJSC	Grant Thornton	530,000	0.0%	+14.0%	A
ALDAR	Al Dar Properties	Deloitte	300,000	0.0%	-	A
PRESIGHT	Presight AI Holding PLC	Deloitte	958,625	0.0%	-	A
DRIVE	Emirates Driving Company	EY	296,000	0.0%	-	A
ZARA	Zara Investment Holding	Not disclosed in provided pages	136,000	0.0%	-	A
PHOENIXPOWER	Phoenix Power Co	EY	15,500	0.0%	-	A

Auditor Concentration

Big 4 vs Mid-Tier

Big 4: 106

Mid-tier: 14

Big 4 (88%) Mid-tier (12%)

Avg Non-Audit Ratio by Firm

Grant Thornton

50.0%

n=2

30.6%

n=33

PwC

24.8%

n=29

Deloitte

24.4%

n=25

Not specified

21.9%

n=3

KPMG

20.3%

n=16

BDO LLC

n=1

BDO Saudi Arabia, Dr. Mohamed Al-Amri & Co

n=1

Not specified in provided pages

n=1

Crowe Mak

n=1

30% non-audit threshold shown by colour: green (clean), amber (caution), red (flagged).

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This page presents results from a proprietary analytical model. The methodology, inputs, and assumptions are disclosed below. Model outputs suggest, indicate, or estimate — they do not confirm, prove, or recommend. Users should review the methodology, assess whether the assumptions apply to their situation, and consult a qualified financial adviser before acting on any information.

Data sources · Full disclaimer · Data freshness

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