
28. EGBANK
Sector: Banks & Financial Services
Vice Chairman & CEO: Nidal Assar
Market Value: $135 million
Sales: $488 million
Profits: $50 million
Assets: $2.7 billion
EGBANK was founded in 1981 to support developmental projects in Egypt and the Arab countries. It provided banking services through its head office and 62 branches and employed 2,399 people as of March 2025. The bank’s net profit jumped by 72.7% in 2024 while its total assets increased by over 41%. Misr Insurance & Misr Life Insurance are the largest shareholders with a combined stake of 20.08%, while the Bukhamseen Group owns 19.76% through the group and its related parties, as of Q1 2025.