Top 50 Listed Companies
In Egypt 2022
19. Abu Dhabi Islamic Bank – Egypt (ADIB)
Sector: Banking and financial services
CEO and Managing Director: Mohamed Aly
Market value: $136 million
Sales: $491 million
Profits: $78 million
Assets: $4.9 billion
ADIB Egypt was created in 2007 when ADIB and the Emirates International Investment Company acquired the National Bank for Development. It provides Shariah-compliant financial services across 70 branches and employs more than 2,094 people. The bank has three banking arms: ADIB Capital, ADILease, and ADIB Invest. The bank recorded $78 million in net profits in 2021, an increase of 21.3% compared to 2020.