Top 50 Listed Companies
In Egypt 2022
2. QNB ALAHLI
Sector: Banking and financial services
CEO: Mohamed Mahmoud Bedeir
Market value: $2 billion
Sales: $1.9 billion
Profits: $410 million
Assets: $19.3 billion
In 2013, Qatari QNB Group acquired the majority stake of Egypt’s NSGB Bank and changed its name to QNB ALAHLI. It provides services for more than 1.3 million clients and employs over 6,991 people across a network of 231 branches. In March 2022, the bank launched an instant payment service in collaboration with Instapay allowing its clients to transfer money between their accounts and other accounts in participating banks.