7. Faisal Islamic Bank of Egypt (FIBE)
Sector: Banking and financial services
Governor: Abd El Hamid Aboumoussa
Market Value: $621 million
Sales: $602 million
Profits: $156 million
Assets: $5 billion
FIBE provides retail and corporate banking services and investment activities through 41 branches across Egypt. It employs more than 1,700 people and had over 1.9 million customer accounts as of the end of 2022. The bank’s net profit hit $156 million in 2022, an increase of 60% compared to 2021. The Al Awqaf Egyptian Authority is the largest shareholder in the bank with 15.35%, followed by Ithmaar Bank with 14%.