THE MIDDLE EAST’S
91. Ahlibank
Country: Qatar
Sector: Banks & Financial Services
CEO: Hassan Ahmed AlEfrangi
Market Value: $2.6 billion
Sales: $935 million
Profits: $230 million
Assets: $16.6 billion
Ahlibank operates a network of 11 branches and 92 ATMs across Qatar. The bank recorded a net profit of $230 million in 2023, an increase of 8.4% compared to 2022. Ahlibank has two fully-owned subsidiaries, Ahli Brokerage Company and ABQ Finance Limited. The Qatar Investment Authority owned 47.71% of the bank as of May 2024.