Top 50 Listed Companies
In Egypt 2022
21. Al Baraka Bank Egypt
Sector: Banking and financial services
Vice Chairman and CEO: Hazem Hegazy
Market value: $188 million
Sales: $407 million
Profits: $61 million
Assets: $4.4 billion
The Bahrain-based Al Baraka Banking Group is the major shareholder in Al Baraka Bank Egypt, with a 73.7% stake. The bank offers Shariah-compliant financial services across 32 branches. It employs 961 people. In 2018, the bank established the Al Baraka Financial Investments Company, with $10.9 million in capital. Hazem Hegazy was appointed CEO and Vice Chairman in October 2021.