Top 50 Listed Companies
In Egypt 2022

16. Housing & Development Bank (HDB)

Sector: Banking and financial services

Chairman and Managing Director: Hassan Ghanem

Market value: $303 million

Sales: $475 million

Profits: $109 million

Assets: $4.3 billion

HDB serves more than two million customers and employs 2,718 people across 97 branches. It has direct and indirect ownership positions in 14 subsidiaries and sister companies. The New Urban Communities Authority is the main shareholder in the bank, with a 29.8% stake. In September 2021, the bank signed a joint cooperation protocol with El Sewedy Electric Company to be the main partner in establishing the third branch of El Sewedy Technical Academy in the Sadat Industrial Zone.