
27. Al Baraka Bank Egypt
Sector: Banks & Financial Services
Vice Chairman & CEO: Hazem Hegazy
Market Value: $157 million
Sales: $394 million
Profits: $59 million
Assets: $2.5 billion
Al Baraka Bank Egypt provides corporate and retail banking, investments, and shariah-compliant services. It had a network of 42 branches as of May 2025 and is expected to open three additional branches this year, as well as introduce two digital branches. The Bahrain-based Al Baraka Banking Group is the major shareholder of Al Baraka Bank Egypt, with a 73.68% stake. In 2024, the bank’s total assets increased by 27.3% and net profit grew by 35.5%.