Top 50 Listed Companies
In Egypt 2022
The aggregate market value of the top 50 listed companies in Egypt stands at $28.5 billion, while the value of assets exceeds $142 billion. Meet Egypt’s most valuable and profitable players.
Despite economic turmoil, Egypt’s listed companies have continued to perform over the last year, with the financial, industrial, and real estate sector leading growth. Our Top 50 Listed Companies In Egypt ranking features the most valuable and profitable players in the country. The aggregate market value of the top 50 stands at $28.5 billion, while the value of assets exceed $142 billion. The companies generated $39.1 billion in aggregate revenues and $5.4 billion in net income.
The banking and financial services sector is the most represented with 16 entries, followed by real estate and industrials with eight, and seven companies, respectively. CIB, Egypt’s largest private bank, tops the list with total assets of $26.8 billion in 2021, followed by QNB ALAHLI, Telecom Egypt, and Elsewedy Electric. The Talaat Moustafa Group Holding follows as Egypt’s largest listed real estate company.
The aggregate turnover of the top 10 alone jumped by 31% in 2021 compared to the year before to hit $22.8 billion, while net income soared by 59% to touch $3 billion. While Egypt has recently devalued its local currency by over 15%, the country’s companies have started to lure foreign investments. Abu Dhabi’s ADQ has bought stakes in five companies including CIB, Fawry, and MOPCO for $1.8 billion. Qatar has announced that it plans to invest $5 billion in Egypt and, in March 2022, Saudi Arabia signed an agreement regarding its Public Investment Fund investing in the country.
Methodology
We collected data from the Egyptian Exchange and ranked companies based on market value, sales, assets, and profits.
Each metric was given equal weight, and companies with the same final scores were given the same rank.
We excluded companies that hadn’t disclosed their 2021 audited financial statements as of April 20, 2022. Currency exchange rates and market cap calculations were taken as of April 21, 2022.
Top 50 Listed Companies In Egypt 2022
1. Commercial International Bank (CIB)
2. QNB ALAHLI
3. Telecom Egypt
4. Elsewedy Electric
5. Talaat Moustafa Group Holding (TMG Holding)
6. Al Ezz Dekheila Steel Co. – Alexandria (EZDK)
7. Orascom Construction
8. Ezz Steel
9. Eastern Company
10. Faisal Islamic Bank of Egypt (FIBE)
11. Emaar Misr
11. Egypt Kuwait Holding (EKH)
13. Misr Fertilizers Production Company (MOPCO)
14. EFG Hermes Holding
15. Abu Qir Fertilizers and Chemicals Company (AFC)
16. Housing & Development Bank (HDB)
17. GB Auto Group
18. Crédit Agricole Egypt
19. Abu Dhabi Islamic Bank – Egypt (ADIB)
20. Oriental Weavers Carpet
21. Al Baraka Bank Egypt
22. Raya Holding For Financial Investments
23. Palm Hills Developments
24. Egyptian Gulf Bank (EGBANK)
24. Orascom Development Egypt (ODE)
26. Integrated Diagnostics Holdings (IDH)
27. Six Of October Development & Investment (SODIC)
28. Export Development Bank of Egypt (EBank)
29. CI Capital Holding For Financial Investments
30. Juhayna Food Industries
31. Suez Canal Bank
32. Alexandria Container & Cargo Handling Company
33. Ibnsina Pharma
34. Sidi Kerir Petrochemicals Company – SIDPEC
35. e‐finance Investment Group
36. Edita Food Industries
36. Alexandria Mineral Oils Company (AMOC)
38. Societe Arabe Internationale De Banque (saib)
39. Egyptian International Pharmaceuticals (EIPICO)
40.
Egyptian Satellites (Nilesat)
41. MM Group For Industry And International Trade (MTI)
42. Cleopatra Hospitals Group (CHG)
43. Contact Financial Holding
44. Madinet Nasr for Housing and Development (MNHD)
45. Egypt Aluminum (Egyptalum)
46. Fawry for Banking and Payment Technology Services
47. Pioneers Properties For Urban Development (PREDCO)
47. Cairo for Investment and Real Estate Development (CIRA)
49. Natural Gas & Mining Project (Egypt Gas)
