The Middle East’s
Top 100 Listed
Companies 2022
63. QNB ALAHLI *
Country: Egypt
Sector: Banks & financial services
CEO: Mohamed Mahmoud Bedeir
Market Value: $2 billion
Sales: $1.9 billion
Profits: $410 million
Assets: $19.3 billion
In 2013, the QNB Group acquired a majority stake in 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.