Forbes Middle East is out with its 2025 list of Egypt’s Top 50 ListedCompanies, which collectively held a market cap of USD 35.1 bn last April — up 19.6% y-o-y. The listing ranks companies based on income, assets, sales, and market value.
The banking and financial services sector continued to dominate the list with 17 companies, while the industrial, real estate, and construction sectors came in joint second with seven companies each.
Banking giant and EGX heavy weight CIB came in first place and was followed by Elsewedy Electric. Rounding out the top five were QNB Egypt, Talaat Moustafa Group, and Telecom Egypt.
The top three firms also made into Forbes’ MENA-wide list, with CIB coming in at #45, Elsewedy Electric at #79, and QNB Egypt at #92.
AND- Three Egyptian companies were recognized during Schneider Electric’s 2024 Sustainability Impact Awards, recognizing firms that excel in environmental and digital innovation, the French multinational said in a statement(pdf). Regionally, Misr Italia Properties and Dar Siadara were recognized for reducing emissions through smart systems and digital solutions, while Magnum Properties was recognized at the global level — following its regional win —- for its Forbes International Tower, the world’s first net-zero-carbon tower in the New Administrative Capital.