21. Suez Canal Bank

Sector: Banks & Financial Services
CEO & Managing Director: Akef El Maghraby
Market Value: $280 million
Sales: $453 million
Profits: $111 million
Assets: $3.5 billion

Established in 1978, Suez Canal Bank provides retail, corporate, and investment banking services through 53 branches across Egypt as of March 2025. In January 2025, the bank partnered in a consortium with Banque Misr and Al Baraka Bank Egypt to provide the joint financing of $108 million to MAFI for Agricultural Produce Industries. Arab International Bank owned 41.5% of the bank, the Libyan Foreign Bank owned 27.7%, and the Suez Canal Authority (Pension Fund) owned 10.1 % as of March 2025.