41. Gadwa for Industrial Development

Sector: Industrials
Chairman: Waleed Zaki
Market Value: $144 million
Sales: $374 million
Profits: $32 million
Assets: $396 million

Established as a result of the horizontal split of Pioneers Holding Company in 2021, Gadwa is an industrial development and investment company. It operates across multiple sectors, including fast-moving consumer goods, paper and packaging, wires and cables, and pharmaceuticals. The company owns 49.2% of Arab Dairy, 73.87% of Unipack, and a controlling stake in Electro Cables Egypt Company, among others.