Top 50 Listed Companies
In Egypt 2022

21. Al Baraka Bank Egypt

Sector: Banking and financial services

Vice Chairman and CEO: Hazem Hegazy

Market value: $188 million

Sales: $407 million

Profits: $61 million

Assets: $4.4 billion

The Bahrain-based Al Baraka Banking Group is the major shareholder in Al Baraka Bank Egypt, with a 73.7% stake. The bank offers Shariah-compliant financial services across 32 branches. It employs 961 people. In 2018, the bank established the Al Baraka Financial Investments Company, with $10.9 million in capital. Hazem Hegazy was appointed CEO and Vice Chairman in October 2021.