Forbes Middle East is out with a new list ranking Egypt’s top listed companies: Taking into account market cap, sales, assets, and income, the business magazine has ranked Egypt’s 50 most valuable and highest-earning listed companies. The banking and financial services sector dominated the list with 16 companies, while eight firms were in the real estate sector and seven in the industrial sector. The top five are:
- CIB
- QNB Alahli
- Telecom Egypt
- Elsewedy Electric
- Talaat Moustafa Group.
The top three firms also made Forbes’ MENA-wide list: CIB came in at #39 in the region, QNB Alahli was #63, and Telecom Egypt was #83. Topping the regional ranking were Saudi Aramco, SABIC, and QNB Group.
Check the full local list here, and the MENA-wide ranking here.