
8. Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt)
Sector: Banks & Financial Services
CEO & Managing Director: Mohamed Aly
Market Value: $487 million
Sales: $792 million
Profits: $177 million
Assets: $5.1 billion
ADIB Egypt was created in 2007 when ADIB and the Emirates International Investment Company acquired the National Bank for Development. It provides Shariah-compliant financial services through a network of 72 branches and 139 ATMs. In January 2024, ADIB-Egypt arranged a shariah-compliant syndicated financing deal for Giza Systems and its subsidiary VAS Integrated Solutions, valued at $178 million. In 2024, the bank’s net profit grew by 93% to $177 million, while its total assets increased by 60.5% to $5.1 billion.