CIB leads Forbes Middle East’s list of top 50 EGX-listed companies in 2024

Updated 6/13/2024 9:49:00 AM
CIB leads Forbes Middle East’s list of top 50 EGX-listed companies in 2024

Arab Finance: The Commercial International Bank (CIB) topped Forbes Middle East’s list of ‘Egypt’s Top 50 Listed Companies 2024’, with a market value of $4.7 million and total assets of around $17.4 million, according to a statement.

QNB ALAHLI came in second place, followed by Elsewedy Electric, Telecom Egypt, Orascom Construction, and Talaat Moustafa Group (TMG).

The banking and financial services sector dominated the list with 16 banks, achieving total sales of $8.4 billion and having a total assets of $58.5 billion, the statement showed.

The real estate and constructions sector was ranked second with nine companies on the list, followed by the industrial sector with seven companies.

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